FOR SALE THE T SITE - LoopNetimages4.loopnet.com/d2/...p2qTrrjMIyAf3zhnH-IRR1eb0UM/document.pdf ·...

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FOR SALE A WYNWOOD DEVELOPMENT PARCEL | 127 NW 27 STREET THE T SITE WYNWOOD 25 289 UNITS DEVELOPED BY RELATED & EAST END

Transcript of FOR SALE THE T SITE - LoopNetimages4.loopnet.com/d2/...p2qTrrjMIyAf3zhnH-IRR1eb0UM/document.pdf ·...

Page 1: FOR SALE THE T SITE - LoopNetimages4.loopnet.com/d2/...p2qTrrjMIyAf3zhnH-IRR1eb0UM/document.pdf · the t site wynwood 25 289 units developed by related & east end. wynwood 25 289

FOR SALEA WYNWOOD DEVELOPMENT PARCEL | 127 NW 27 STREET

THE T SITE

WYNWOOD 25289 UNITS

DEVELOPED BYRELATED &EAST END

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WYNWOOD 25289 UNITS

DEVELOPED BYRELATED &EAST END

THE T SITE

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CYNERGI100 UNITS

W HOUSE

W HOUSE

182 UNITS

174 UNITS

DEVELOPED BY

DEVELOPED BY

RELATED &

RELATED &

METRO 1

BLOCK CAPITAL

MIDTOWN 29308 UNITS

DEVELOPED BYMORGANGROUP

MIDTOWN 8

GATEWAY

309 UNITS

AT WYNWOOD

DEVELOPED BY

200,000 SF

WOOD PARTNERS

OFFICE

THE T SITE

Page 4: FOR SALE THE T SITE - LoopNetimages4.loopnet.com/d2/...p2qTrrjMIyAf3zhnH-IRR1eb0UM/document.pdf · the t site wynwood 25 289 units developed by related & east end. wynwood 25 289

THE T SITE Tony Are l lano | Execut ive V ice Pres identtare l [email protected]

Andres Nava | Assoc ia [email protected]

WYNWOOD DEVELOPMENT PARCEL FOR SALE127 NW 27 STREET

EXECUTIVE SUMMARY

DESCRIPTION PARCEL BREAKDOWN

Asking Price: $14,100,000 | $416 PSF

Metro 1 Commercial is proud to present the T Site (‘The Property’) For Sale, a well located development parcel.

The Property is located in the NE quadrant of Wynwood, just steps away from the Wynwood Block, the Wynwood Walls, and the Wynwood Park, three of Wynwood’s major retail projects.

Zoning: T5 O | T5 L

Development Type: Multi-Family | Retail

Gross Buildable Area: 213,570 SF

Density Allowed: 117 du/acre |233 keys

Price per FLR: $66/FLR

Land Size 33,900 SF

Property Address Size Dimensions Zoning

128 NW 28 Street 5,650 SF 50’ X 113’ T5 O

112 NW 28 Street 5,650 SF 50’ X 113’ T5 O

146 NW 28 Street 5,650 SF 50’ X 113’ T5 O

127 NW 27 Street 5,650 SF 50’ X 113’ T5 L

120 NW 28 Street 5,650 SF 50’ X 113’ T5 O

125 NW 27 Street 5,650 SF 50’ X 113’ T5 L

Total 33,900 SF

Page 5: FOR SALE THE T SITE - LoopNetimages4.loopnet.com/d2/...p2qTrrjMIyAf3zhnH-IRR1eb0UM/document.pdf · the t site wynwood 25 289 units developed by related & east end. wynwood 25 289

THE T SITE Tony Are l lano | Execut ive V ice Pres identtare l [email protected]

Andres Nava | Assoc ia [email protected]

WYNWOOD DEVELOPMENT PARCEL FOR SALE127 NW 27 STREET

146 NW 28 ST5,650 SFT5 O01-3125-029-0610

NW 28 STREET

NW 27 STREET

NW

1 AVEN

UE

128 NW 28 ST5,650 SFT5 O01-3125-029-0620

127 NW 27 ST5,650 SFT5 L01-3125-029-0450

120 NW 28 ST5,650 SFT5 O01-3125-029-0630

125 NW 27 ST5,650 SFT5 L01-3125-029-0440

112 NW 28 ST5,650 SFT5 O01-3125-029-0640

SITE PLAN

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THE T SITE Tony Are l lano | Execut ive V ice Pres identtare l [email protected]

Andres Nava | Assoc ia [email protected]

WYNWOOD DEVELOPMENT PARCEL FOR SALE127 NW 27 STREET

DEVELOPMENT STUDY

RETAIL12,000 SF

LOADING SPEEDRAMPBACK OF HOUSE

AMENITIESDECK

MULTI FAMILY

PARKING MULTI FAMILY

LEVEL 1

LEVEL 2-3 LEVEL 4

LEVEL 5

Assumptions

Development Analysis

Land Size: 33,900 SF

Value ($750 PSF): $9,000,000

Proposed Multi-Family Density: 117 units

Cost ($200 PSF): $2,400,000

Proposed Retail Size: 12,000 SF

Profit ($550 PSF): $6,600,000

Adjusted Basis Multi Family: $7,500,000Price Per Door: $64,103

Level 8

Level 7

Level 6

Level 4

Level 5

Level 3 - Parking

Level 2 - Parking

Amenities Deck

Level 1 - 12,000 RSFRETAIL

Loading | Speedramp | Back of HouseLobby

MULTI FAMILY

LEVEL 6-8

Page 7: FOR SALE THE T SITE - LoopNetimages4.loopnet.com/d2/...p2qTrrjMIyAf3zhnH-IRR1eb0UM/document.pdf · the t site wynwood 25 289 units developed by related & east end. wynwood 25 289

THE T SITE Tony Are l lano | Execut ive V ice Pres identtare l [email protected]

Andres Nava | Assoc ia [email protected]

WYNWOOD DEVELOPMENT PARCEL FOR SALE127 NW 27 STREET

EDGEW

ATER

WALMART (PLANNED)

BEAKER & GRAY

CABLE URBAN MODERN

SHINOLA

WYNWOOD 5TH AVE

ILLESTEVADJIJOE & THE JUICENOMAD TRIBE

EL PATIO

GR

AM

PS

BU

TCH

ER SH

OP

J WA

KEFIELD

ON

O PO

KE

ALTER

FEDER

AL

DO

NU

TS

DKONCEPT

ROBERT FONTAINE GALLERY

BASE

MVM SOHOSTUDIOS

D.O.G.

TRESART

KUSH

VONDOMVISA 01

WYNWOOD ARCADEBONOBOS

THE LABTATTOO

WOODFERSCAFE

SALTY DONUT

WOOD TAVERN

WYNWOOD DINERAESOPLE LABO | MR BLOCK

BRICK HOUSEBXLDR BEER MKT

THE BAR NEXT DOORPLANT THE FUTURE

OFY LOVELY

ASCASO GALLERY

GALLERY 212SCOTCH & SODA

KIT & ACE

PANTHER COFFEE

GK BISTRONOMIE

TACO STAND JOEY’SWARBY PARKERKYU

JUGOFRESH

WYNWOOD WALLS

WYNWOOD 26

WYNWOOD PARK

WK&BBOOKS & BOOKS

NAPA

OLIVER COLE GALLERY

BROTHERS &BRAWLERS

SCRATCH DJ ACADEMY

BODYTEKWYNCODE

MARGUILES COLLECTION

WYNWOOD BREWING CO.

MANAWYNWOODCONVENTIONS CENTER

DR SMOOD

UBER

ELEMENTAL

VIOPHILIA

WYNWOODINDOORSOCCER

MIAM CAFEJUNIOR & HATTER

ELECTRIC PICKLEFIREMAN DEREK’SPRIDE & JOY BBQ

NUNSHEN

JIMMY’S KITCHENCYNERGY LOFTS

RUBELL MUSEUM

DU

CATI

THE LABLIGHT PROJECT

SEREN

DIPITY

ZAK THE BAKER

ZAK THE BAKER

MIA

MI A

DSC

HO

OL

O C

INEM

A

WYNWOOD YARD

W:H

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GO

PRO

SCR

IPPS

RED

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RB

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BANK OF THE OZARKS

L’APPARTEMENT

29TH STREET - 9,000 ADT

20H STREET - 12,200 ADT

N M

IAM

I AV

E - 3

2,0

00

AD

T

NW

2 A

VE

- 7,20

0 A

DT

NE

2 A

VE

- 9,3

00

AD

T

WYNWOOD

LEGEND

RESTAURANTS

SERVICES

ART GALLERIES

TECHNOLOGY & SPECIALTY

FASHION & BOUTIQUES

DESIGN

BARS & ENTERTAINMENT

NOTABLE DEVELOPMENTS

SUBJECT PROPERTY

INTERACTIVE MAP

R HOUSE SUBJECTPROPERTY

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THE T SITE Tony Are l lano | Execut ive V ice Pres identtare l [email protected]

Andres Nava | Assoc ia [email protected]

WYNWOOD DEVELOPMENT PARCEL FOR SALE127 NW 27 STREET

SUBJECTPROPERTY

VISUAL CONTEXT MAP

Page 9: FOR SALE THE T SITE - LoopNetimages4.loopnet.com/d2/...p2qTrrjMIyAf3zhnH-IRR1eb0UM/document.pdf · the t site wynwood 25 289 units developed by related & east end. wynwood 25 289

FOR SALEA WYNWOOD DEVELOPMENT PARCEL | 127 NW 27 STREET

THE T SITE

WYNWOOD 25289 UNITS

DEVELOPED BYRELATED &EAST END