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6600 NW 20th St - PPG Industries Development Site 13.56 Acres of Commercial Land in Sunrise, FL 33313
INVESTMENT HIGHLIGHTS
- ±13.56-Acre Development Site
- Entitlement Path for 400+ Multifamily Units
- Efficient Design and Development Economics
- Existing Industrial Zoning
- Strategic and Well-Connected Location
- Rare Infill Offering in a High-Growth Corridor
EXECUTIVE SUMMARY
Ideally positioned for industrial, multifamily or townhome development, the site offers a rare combination of optionality, scale, and infill location in one of South Florida’s most supply-constrained regions. For both industrial and residential developers, the site’s scale and configuration offer the opportunity to build a large, highly efficient project. This offering represents one of the few remaining large-scale, infill development opportunities in Broward County.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 13.56 AC |
| Lot Size | 13.56 AC |
Situated in the heart of western Broward County, the Property spans approximately 13.56 acres, offering a rare opportunity for large-scale development in the supply-constrained South Florida market.
DESCRIPTION
Currently zoned I-1 (Industrial), the site has optionality between industrial and multifamily use. The City of Sunrise has expressed a favorable view toward residential development in this location. Given current zoning and setback requirements, we estimate the site could support an industrial facility totaling roughly ±235,000 SF. Further, the site represents an excellent location for a residential development under Live Local, a Florida statewide program that offers the ability to construct residential projects on commercially zoned land without municipal approval, as well as highly compelling property tax savings. Finally, because of its significant size in excess of 10 acres, the site will qualify for the Planned Unit Development (PUD) designation. A rezoning to PUD could support more than 400 surface-parked, garden-style multifamily units at a density of roughly 30du/ac.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $5,621,434 CAD |
PROPERTY TAXES
CONTACTS
-
David Duckworth -
Brian de la Fé -
Michael Downey -
John Crotty -
Michael Fay -
Philip Shapiro -
Avison Young
Presented by
6600 NW 20th St - PPG Industries Development Site
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