Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    33054 Usa, Unit LOCKA Opa Locka, FL 33054

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Two warehouse buildings totaling 374,219 SF in Opa-Locka.

    Property Features for 33054 Usa

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Ed Lyden
    Source: Cbre

    Listing Agent: Ed Lyden

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Opa-Locka Warehouse Distribution Space

    The property features two buildings with a total area of 374,219 square feet. Building 1 has a rentable area of 193,813 square feet, while Building 2 offers 180,406 square feet of rentable space. The property is located in Opa-Locka, Florida.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Similar Places Nearby

    Mbi Llc, MBI Complete Fine Art Service, MBI Fine Art Service, Public Storage

    Map

    City
    Opa Locka
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2583
    Latitude
    25.9069

    Nearby Similar for Lease

    • $2,750 /Mo

      Opa-Locka Storefront Retail Space

      Storefront retail space near Amazon's Mega Fulfillment Center.
      1230 Opa Locka Blvd, Opa Locka, FL 33054
      View Details
    • $17 SF/Yr

      Opa-Locka Warehouse for Lease

      8,000 SF warehouse with dock loading and 3-phase power.
      14935 NW 27Th Ave, Opa Locka, FL 33054
      View Details
    • $15 SF/Yr

      Opa Locka Warehouse Bay

      6,900 SF warehouse bay with office space for lease.
      2337 NW 149Th St, Opa Locka, FL 33054
      View Details
    • $6,450 /Mo
      3,600 SF

      Opa Locka Free-Standing Warehouse

      3,600 sqft free-standing warehouse with offices and storage.
      14020 Nw 19Th Ave, Opa Locka, FL 33054
      View Details
    • $8,600 /Mo
      4,700 SF

      Free-Standing Warehouse with Storage Yard

      4,700 sq ft warehouse with offices and storage yard.
      14040 Nw 19Th Ave, Opa Locka, FL 33054
      View Details
    • $7,200 /Mo
      400 SF

      Opa Locka Free-Standing Building

      400 sq.ft. free-standing building with fenced storage yard.
      14041 NW 20Th Ave, Opa Locka, FL 33054
      View Details
    • Contact for pricing

      Industrial Outdoor Storage Truck Parking

      Secured truck parking and outdoor storage near major highways.
      12905 Nw 32Nd Ave, Opa Locka, FL 33054
      View Details
    • Contact for pricing
      409,189 SF

      New Class A Warehouse Space

      Modern 400,000+ SF warehouse with excellent access.
      4700 NW 135Th St, Opa Locka, FL 33054
      View Details
    • Contact for pricing
      22,719 SF

      Warehouse Space Near Airport

      Warehouse space with loading dock, near Opa-Locka Airport.
      13145 NW 45Th Ave, Opa Locka, FL 33054
      View Details
    • Contact for pricing
      86,867 SF

      Opa Locka Industrial Space

      New industrial park in the Central Dade submarket.
      12702 NW 42Nd Ave, Opa Locka, FL 33054
      View Details
    • Contact for pricing
      37,960 SF

      Opa Locka Industrial Space

      New industrial park in Miami's Central Dade submarket.
      12700 NW 42Nd Ave, Opa Locka, FL 33054
      View Details
    • Contact for pricing
      17,000 SF

      Opa Locka Climate Controlled Warehouse

      Climate-controlled warehouse space with convenient access to major thoroughfares.
      13700 Northwest 19Th Avenue Rd, Opa Locka, FL 33054
      View Details

    FAQs

    What type of property is this?
    Warehouse - Two warehouse buildings totaling 374,219 SF in Opa-Locka.
    Where is this warehouse located?
    The property is located at 33054 Usa, Unit LOCKA Opa Locka, FL.
    What are key features of this property?
    This property features: - Total of 374,219 SF between two buildings; - Building 1: 193,813 Rentable SF; - Building 2: 180,406 Rentable SF
    Request Owner's contact information
    33054 Usa, Unit LOCKA Opa Locka, FL 33054
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    33054 Usa, Unit LOCKA
    Opa Locka, FL 33054
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    33054 Usa, Unit LOCKA Opa Locka, FL 33054
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ed Lyden
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!