KB

KEY BAY CAPITAL

Investor Room

Pipeline and parcel diligence

Doral West 10-Acre Land Site site preview

Miami Airport West

Doral West 10-Acre Land Site

Doral, FL 33178

Public folio mask: 30-3029-***-0010

Image: LandSearch / Florida Capital Realty

Under Screen

Ask

$1.2M

Broker

Acreage

10.00 acres

Broker

Land basis

$2.75 / SF

Diligence score

8.3 / 10

Underwriting notes

10-acre public listing west of the City of Doral. Large enough to matter, still cheap enough to screen as an early-stage basis trade.

Open original listing

Fit to Corridor Memo

Supported exit

$77.09 / SF

Spread to corridor exit

$74.34 / SF

Current zoning

AG / Vacant Land

Target zoning

Industrial / data-center compatible use

This screen inherits the corridor-level power, cap-rate and rack-rate assumptions from the corridor memo. It is not presented as a parcel-specific appraisal or utility commitment.

Open full corridor memo

Execution Checklist

1. Verify zoning path

Confirm whether the site clears today under AG / Vacant Land or needs a conversion into Industrial / data-center compatible use.

2. Request utility letter

Corridor assumptions are only a screen. No IC committee should rely on them without a parcel-specific utility response.

3. Environmental gate

Run Phase I before hard pursuit on any non-core parcel, especially in Opa-Locka or conversion-heavy Medley screens.

Source Stack

Metrobloks Acquires Land in Miami, FL to Build 15.2MW AI-Ready Data Center

Metrobloks2025-03-31

Verified

Confirms 500 NW 137th Avenue, 4.05-acre acquisition, 15.2 MW project scope, adjacency to FPL substation, and Miami digital-gateway positioning.

Open source

Miami MIA A1 Site Page

Metrobloks2026-03-31

Verified

Current site page states 16.8 MW critical IT, 22 MW secured from FPL with will-serve letter, 200 feet to 230 kV substation and fully entitled telecom/data-center use.

Open source

North America Data Center Trends H2 2025

CBRE Research2026-02-26

Verified

Primary-market average asking rate increased to $195.94/kW/month. Sites with power access inside 18-36 months are highly sought after. Powered sites in Northern Virginia and the Northeast exceeded $8 million per acre.

Open source

Data center availability crisis deepens as vacancy hits historic low

JLL2025-08-22

Verified

JLL says North America inventory reached 15.5 GW in H1 2025 and average asset-level cap rates held around 6%.

Open source

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