Callaway Development Site
918 North Tyndall Parkway, Panama City, FL, 32404, US
13,68 Hektar
Beschreibung
JLL has been exclusively retained to market for sale the fee simple interest in Gateway Commerce Park Land, a 6.86-acre, shovel-ready industrial site located in Miami Gardens, FL. The property is strategically situated within the established Gateway Commerce Park, which has a proven track record of attracting the market’s highest quality tenants, including DHL, Lowe’s, Daikin, and National Tire Wholesale.
The property consists of one rectangular, contiguous parcel that can accommodate up to ±110,000 SF, with the current site contemplating two rear-loaded shallow bay Class A facilities totaling 91,448 SF. Leveraging this plan offers the fastest path towards completion and caters to the most active segment of tenant demand in the market, but ownership is also open to reviewing alternative site plans that conform to certain design parameters. The current owners are in the process of obtaining final site plan approval which is expected in February 2026.
Gateway Commerce Park Land represents an outstanding opportunity to develop state-of-the-art logistics facilities within one of the top U.S. coastal gateway markets, offering an accelerated timeline to capitalize on surging market rents and robust shallow bay fundamentals.
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Eigenschaften
Grundstücksfläche brutto
2,7 Hektar
Address
1500 NW 215th St, Miami Gardens, FL 33056
Total SF Development
91,448 SF
Site Size (Acres)
+/- 6.86 Acres
Site Size (SF)
298,821 SF
County Zoning District
AU (Agricultural)
Overlay District
EO (Entertainment)
Medien
Investment-Highlights
Shovel-Ready Development – Site plan approved for 91,448 SF across 2 buildings with building permits in hand, eliminating entitlement risk.
Flexible Site Design – Two identical 45,724 SF buildings with 20-foot clear heights, ten 12'x14' doors each, divisible up to 10 units (~9,100 SF spaces) with 265 parking spaces.
Land Scarcity – Miami's constrained supply and strong demand drove 17% rent growth over the last 36 months.
Population Boom – Miami-Dade added 64,211 people in 2024 (2.3% growth), ranking second nationally. Metro population projected to reach 6.37 million in 2025.
Strong Market Fundamentals – 53% rent increase since late 2020 to $20.94 PSF, with forecasts projecting rents to exceed $26.00 PSF by 2030. Despite 14 million SF of new deliveries since 2023, larger spaces (100,000+ SF) remain in bright spot.
Flight to Quality – Modern buildings under 10 years captured 1.7 million SF of positive absorption while older assets shed 2.6 million SF over the past year, demonstrating strong embedded tenant demand.
Prime Regional Connectivity – Strategically positioned at Miami-Dade and Broward nexus with access to Florida Turnpike, I-95, and US 441 (SR 7). Just 20 minutes from Miami International Airport (MIA) and 21 minutes from PortMiami.
Ihre Ansprechpartner
Gateway Commerce Park Land (0 Objekte)
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Zuletzt aktualisiert
20. Okt. 2025
