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Rare Land Opportunity in Doral, FL7800 SW 34th St & 3388 SW 78th St, Doral FL 33122
Manny Chamizo III - (786) 453-3171
O F F E R I N G M E M O R A N D U M
Rare Land Opportunity in Doral, FLCONTENTS
Exclusively Marketed by:
Manny Chamizo IIIGlobal Commercial Director
(786) [email protected]
We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otherconditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of the property. You and your tax and legal advisors should conduct yourown investigation of the property and transaction.
01 Executive Summary Investment Summary 4 Location Summary 5
02 Property Description Property Features 7 Aerial Map 8 Parcel Map 9
03 Demographics Demographics 11 Demographic Charts 12
Rare Land O
pportunity in Doral, FL | Executive Sum
mary
Executive Summary
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Investment Summary
Location Summary
Rare Land Opportunity in Doral, FL Investment Summary | 04
OFFERING SUMMARYADDRESS 7800 SW 34th St & 3388 SW 78th St
Doral FL 33122
COUNTY Miami-Dade
MARKET Industrial
SUBMARKET Warehouse
OFFERING PRICE $8,000,000
PRICE PSF $43.73
LAND SF 182,937 SF
ZONING TYPE IU-2
# OF PARCELS 2
APN 35-3027-007-0034, 35-3027-007-0036
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE2019 Population 5,305 119,349 497,4912019 Median HH Income $74,461 $45,641 $44,4152019 Average HH Income $95,075 $64,056 $64,747
Rare Land Opportunity to acquire one of the few prime lots in Doral. Theproperty consists of one of the largest assemblages of industrial landencompassing 4.20 Acres. Ideal location for commercial/industrialredevelopment in “Doral Tile District” which backs up to the PalmettoExpressway.
Since there is almost no space left to develop a product around theairport and trade activity at Miami International Airport has been steadilyrising, strategically positioning via an asset purchase can ensure a steadyand healthy property value appreciation over the long term.
The forecast is calling for prices to increase by 6% over the next year,while cap rates are forecast to remain stable around the 6% mark.
Rare Land Opportunity in Doral, FL Location Summary | 05
Rare Land O
pportunity in Doral, FL | Property D
escription
Property Description
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Property Features
Aerial Map
Parcel Map
Additional Maps
Rare Land Opportunity in Doral, FL Property Features | 07
PROPERTY FEATURESLAND SF 182,937LAND ACRES 4.2# OF PARCELS 2ZONING TYPE IU-2LOCATION CLASS C
Rare Land Opportunity in Doral, FL Aerial Map | 08
Rare Land Opportunity in Doral, FL Parcel Map | 09
Rare Land O
pportunity in Doral, FL | D
emographics
Demographics
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Demographic Details
Demographic Charts
Rare Land Opportunity in Doral, FL Demographics | 11
POPULATION 1 MILE 3 MILE 5 MILE
2000 Population 3,034 99,561 428,922
2010 Population 3,090 106,375 458,965
2019 Population 5,305 119,349 497,491
2024 Population 5,920 125,661 518,927
2019 African American 766 4,172 19,052
2019 American Indian 7 123 578
2019 Asian 72 1,827 5,064
2019 Hispanic 4,198 106,509 449,452
2019 White 4,202 107,743 451,527
2019 Other Race 138 3,250 12,474
2019 Multiracial 119 2,231 8,767
2019-2024: Population: Growth Rate 11.10 % 5.20 % 4.25 %
2019 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE
less than $15,000 62 6,428 26,305
$15,000-$24,999 70 5,039 20,913
$25,000-$34,999 96 5,115 19,720
$35,000-$49,999 144 6,527 24,384
$50,000-$74,999 196 7,723 29,709
$75,000-$99,999 160 4,720 16,832
$100,000-$149,999 216 4,725 17,702
$150,000-$199,999 100 1,522 6,099
$200,000 or greater 86 1,421 6,255
Median HH Income $74,461 $45,641 $44,415
Average HH Income $95,075 $64,056 $64,747
HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2000 Total Housing 686 37,960 152,147
2010 Total Households 322 38,662 155,814
2019 Total Households 1,131 43,220 167,926
2024 Total Households 1,306 45,350 174,570
2019 Average Household Size 3.84 2.70 2.92
2000 Owner Occupied Housing 66 16,110 76,301
2000 Renter Occupied Housing 582 20,029 69,192
2019 Owner Occupied Housing 171 16,060 72,476
2019 Renter Occupied Housing 960 27,160 95,450
2019 Vacant Housing 86 2,788 10,635
2019 Total Housing 1,217 46,008 178,561
2024 Owner Occupied Housing 303 17,465 77,408
2024 Renter Occupied Housing 1,003 27,885 97,162
2024 Vacant Housing 75 2,661 10,286
2024 Total Housing 1,381 48,011 184,856
2019-2024: Households: Growth Rate 14.60 % 4.85 % 3.90 %
Source: esri
Rare Land Opportunity in Doral, FL Demographic Charts | 12
1 Mile Radius 3 Mile Radius 5 Mile Radius
2019 Household Income
1 Mile Radius 3 Mile Radius 5 Mile Radius
2019 Population by Race
Rare Land Opportunity in Doral, FL Demographic Charts | 13
2019 Household Occupancy - 1 Mile Radius
Average Income Median Income
2019 Household Income Average and Median
Rare Land Opportunity in Doral, FL
CONFIDENTIALITY and DISCLAIMERThe information contained in the following offering memorandum is proprietary and strictly confidential. It isintended to be reviewed only by the party receiving it from ONE Sotheby's International Realty and it shouldnot be made available to any other person or entity without the written consent of ONE Sotheby's InternationalRealty.
By taking possession of and reviewing the information contained herein the recipient agrees to hold and treatall such information in the strictest confidence. The recipient further agrees that recipient will not photocopy orduplicate any part of the offering memorandum. If you have no interest in the subject property, pleasepromptly return this offering memorandum to ONE Sotheby's International Realty. This offering memorandumhas been prepared to provide summary, unverified financial and physical information to prospectivepurchasers, and to establish only a preliminary level of interest in the subject property.
The information contained herein is not a substitute for a thorough due diligence investigation. ONE Sotheby'sInternational Realty has not made any investigation, and makes no warranty or representation with respect tothe income or expenses for the subject property, the future projected financial performance of the property, thesize and square footage of the property and improvements, the presence or absence of contaminatingsubstances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical conditionof the improvements thereon, or financial condition or business prospects of any tenant, or any tenant’s plansor intentions to continue its occupancy of the subject property.
The information contained in this offering memorandum has been obtained from sources we believe reliable;however, ONE Sotheby's International Realty has not verified, and will not verify, any of the informationcontained herein, nor has ONE Sotheby's International Realty conducted any investigation regarding thesematters and makes no warranty or representation whatsoever regarding the accuracy or completeness of theinformation provided. All potential buyers must take appropriate measures to verify all of the information setforth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subjectproperty.
Exclusively Marketed by:
Manny Chamizo IIIGlobal Commercial Director
(786) [email protected]
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