Marcus & Millichap is proud to market the SW 200th Street Commercial Land Investment, located in the heart of Miami just off the Southwest corner of SW 127th Avenue and SW 200th Street. The property is 79,714 square feet of BU-1A (Limited Business District) zoned commercial land. The site sits just west of a 7-11 property which is located on the hard corner. The lot is ideal for multiple single tenant retail developments. The lot is ideal for quick service drive-thru tenant development.
The subject property sits in a growing retail corridor, with multiple national tenants in the immediate area, including Publix Supermarket, Walgreens, AutoZone, and Bank of America. This corner of SW 200th Street and SW 127th Avenue is a busy intersection with a high local residential density of almost 20,000 people living within a mile of the subject property.
This is a great opportunity for a retail developer to purchase a reasonably priced development site in one of the most densely growing submarkets in the entire country. Miami-Dade County has benefitted from massive population growth since the end of the Covid pandemic. The county is historically under retailed, with multiple possible quick service retail tenants that would be interested in being located on this site.