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Commercial

Sawgrass Commercial Land

1213 NW 136th Ave, Sunrise, FL 33325

Starting Bid: $750,000

Lot Size
2.60 acres
Price/Acre
$288,462
Land Type
Land
Auction Type
Reserve
Auction Start Date
Jun 24, 2024
Auction End Date
Jun 26, 2024

Investment Overview

Marcus & Millichap is proud to present Sawgrass Commercial Development, two parcels of land consisting of 113,149 square feet (2.6 acres) located in Sunrise, Florida. The property is conveniently located on North Harrison Parkway (NW 136th Avenue), which has traffic counts of over 28,000 vehicles per day (VPD). This location provides easy access to the Sawgrass Expressway (SR-869) and Interstate 595.
The property is located in Sawgrass International Corporate Park, which features 612 acres of prime sites and facilities for corporate headquarters and regional office operations. The park is bordered by Interstate 595 to the south, Sunrise Boulevard to the north, NW 136th Avenue to the east, and Sawgrass Expressway to the west. This business park features a variety of business space from high-tech manufacturing and R&D to executive office suites and mid-rise Class A office projects such as the brand new 400,000 square foot American Express South Florida headquarters located 3 blocks north from the subject property. In this small area there are many notable development projects such as Westerra, a $500 million, 32-acre mixed-use project that includes residential units, office space, and some service retail. Another notable project in the area is Metropica, a 4 million-square-foot mixed-use project that includes 485,000 square feet of retail, more than 2,200 condominiums, 650,00 square feet of office and 240 hotel rooms.
The zoning for the property is B-3 (Intense Commercial Business District), which allows for the development for general commercial such as office and retail. The zoning allows for a maximum height of four stories if the building is located more than 100 feet from any plot zoned for detached one-family dwellings, two-family dwellings or townhouses. Currently the site has preliminary plans for a 25,000 square foot office and retail building. The attractive zoning, development plans, and location provide an investor with the opportunity to purchase an asset with excellent economic potential.

Investment Highlights

  • Auction Jun 24 - Jun 26 | Starting Bid $750,000 | See Agent For Detail 786-522-7005
  • Great Exposure With Excellent Visibility
  • Zoned B-3 (Commercial Business District) - Retail/Office/MF
  • 2.6 Acres of Land Located in Sawgrass International Corporate Park
  • Located Directly on North Harrison Parkway With Traffic Counts of Over 28,000 VPD
  • Easy Access to the Sawgrass Expressway and Interstate 595

Exclusively Listed By

Financing By

Commercial

Sawgrass Commercial Land

Starting Bid: $750,000

Lot Size
2.60 acres
Price/Acre
$288,462
Land Type
Land
Auction Type
Reserve
Auction Start Date
Jun 24, 2024
Auction End Date
Jun 26, 2024

Investment Highlights

  • Auction Jun 24 - Jun 26 | Starting Bid $750,000 | See Agent For Detail 786-522-7005
  • Great Exposure With Excellent Visibility
  • Zoned B-3 (Commercial Business District) - Retail/Office/MF
  • 2.6 Acres of Land Located in Sawgrass International Corporate Park
  • Located Directly on North Harrison Parkway With Traffic Counts of Over 28,000 VPD
  • Easy Access to the Sawgrass Expressway and Interstate 595

Investment Overview

Marcus & Millichap is proud to present Sawgrass Commercial Development, two parcels of land consisting of 113,149 square feet (2.6 acres) located in Sunrise, Florida. The property is conveniently located on North Harrison Parkway (NW 136th Avenue), which has traffic counts of over 28,000 vehicles per day (VPD). This location provides easy access to the Sawgrass Expressway (SR-869) and Interstate 595. The property is located in Sawgrass International Corporate Park, which features 612 acres of prime sites and facilities for corporate headquarters and regional office operations. The park is bordered by Interstate 595 to the south, Sunrise Boulevard to the north, NW 136th Avenue to the east, and Sawgrass Expressway to the west. This business park features a variety of business space from high-tech manufacturing and R&D to executive office suites and mid-rise Class A office projects such as the brand new 400,000 square foot American Express South Florida headquarters located 3 blocks north from the subject property. In this small area there are many notable development projects such as Westerra, a $500 million, 32-acre mixed-use project that includes residential units, office space, and some service retail. Another notable project in the area is Metropica, a 4 million-square-foot mixed-use project that includes 485,000 square feet of retail, more than 2,200 condominiums, 650,00 square feet of office and 240 hotel rooms. The zoning for the property is B-3 (Intense Commercial Business District), which allows for the development for general commercial such as office and retail. The zoning allows for a maximum height of four stories if the building is located more than 100 feet from any plot zoned for detached one-family dwellings, two-family dwellings or townhouses. Currently the site has preliminary plans for a 25,000 square foot office and retail building. The attractive zoning, development plans, and location provide an investor with the opportunity to purchase an asset with excellent economic potential.

Exclusively Listed By

Financing By

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