In the week to September 21, 2015, MLS counts a 20 new listings for commercial/business/agricultural/ industrial land, a low number, but up slightly from the prior week ending September 14th which had a rather paltry 16 new such listings. Notable among this week’s listings is a set of 3 adjacent lots on NE 34th Street with T6-36 zoning and with an asking price of $7.5 million.
Fifteen commercial land (commercial, business, agricultural, industrial land) already listed had their asking price decreased, while 3 saw their price increased. Also during this period, 5 closed sales for such were recorded in MLS in the county.
Other indicators during this period that commercial property investors may want to review are trends in commercial property prices as well as availability. These tend to be influenced by trends nationally and by demographic and economic trends and expectations in the area. To get more of a feel for how the market for vacant land is at the moment, view Miami area vacant land listings,