Entity Owned 
For Sale
1 / 7
$60,000
13449 NW 42Nd Ave, Opa Locka, FL 33054
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Property summary
AI-generated overview
This exceptional industrial property, located at 13449 NW 42nd Ave in Opa-locka, Florida (zip code 33054), offers 49,000 square feet of warehouse and distribution space. The property is classified as Class C and features a single-tenant occupancy. Situated in Miami-Dade County, this warehouse boasts a significant advantage with direct frontage to NW Le Jeune Road, providing excellent accessibility and visibility. The building's interior includes an impressive 18-foot clear height, allowing for efficient storage and operations. Loading and unloading are facilitated by two dock-high doors. This property presents a compelling opportunity for businesses seeking a strategically located, sizable warehouse in a thriving area of South Florida. The property type is industrial, specifically categorized as warehouse and distribution space. Its convenient location and functional design make it an ideal choice for various distribution and logistics operations. The property's size, combined with its key features, makes it a highly attractive option for businesses seeking to expand or relocate their operations within the Miami-Dade County market. This single-tenant space offers the benefit of dedicated use and control over the entire facility.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1977
Construction
CONCRETE
Total area
24,538 SF
Lot
5.72 ac (249,163 SF)
Zoning code
7400:INDUSTRIAL,IND PK
APN
08-2129-016-0010
UPID
US18-0271428
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
-
Furniture & Home Goods Home Decor Store
-
Big Box & Wholesale Store
-
Clothing Store
-
Real Estate Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.07M
Comparable Approach
Comparable
$6.30M
Blend (final)
Blend
$5.07M
Owner & transaction history
since 2008
7 recorded transactions
Zoning & alternative use
7400:INDUSTRIAL,IND PK · Opa Locka, FL
Top alternative use upside
Neighborhood: shopping center
$7.0M
+49.8%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 5 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.07M
Value range
$4.56M – $5.58M
±10% around blend
Estimated value / SF
$207 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
50
Income certainty
100
$4.56M
blend $5.07M
$5.58M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
24,538 SF
Lot area
5.72 ac
Year built
1977
Stories
1
APN
08-2129-016-0010
Zoning
7400:INDUSTRIAL,IND PK
Assessed value
$12,584,000
Annual tax
$270,086
3
Income approach: direct capitalization
Partial preview
Income approach indication
$5.07M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$5.50M
@ 6.5% CAP return
$5.07M
@ 7% CAP return
$4.71M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$270,086
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$7.04M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.7 mi away · 21,100 SF
6.5 mi away · 27,222 SF
6.6 mi away · 24,788 SF
9.3 mi away · 21,987 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.07M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 64 sales
$190
+9%
Submarket 1600 sales
$268
-23%
County 2032 sales
$249
-17%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $207/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+50%
vs current-use indication
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$42.03M
Move the market yield to see immediate price impact.
Value / SF
$1,713
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$2.65M
$52.96M
$37.83M
$29.42M
$2.94M
$58.84M
$42.03M
$32.69M
$3.24M
$64.73M
$46.23M
$35.96M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$6.30M
0.7 mi · Sep 2025 · $252/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$270,086
Tax year 2023
Assessed value
$12,584,000
Assessed 2023
Previous assessed
$10,984,000
+14.6% YoY
Effective rate
2.15%
On assessed value
Assessed land
$5,481,586
Assessed improvement
$7,102,414
Land market value
$5,481,586
Improvement market value
$7,102,414
Total market value
$12,584,000
Applied tax rate
800.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1977
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
24,538 SF
Lot
5.72 ac (249,163 SF)
Zoning code
7400:INDUSTRIAL,IND PK
APN
08-2129-016-0010
UPID
US18-0271428
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7400:INDUSTRIAL,IND PK · Opa Locka, FLZoning 7400:INDUSTRIAL,IND PK · permitted uses
7400:INDUSTRIAL,IND PK · Opa Locka, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Lot
5.72 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
7400:INDUSTRIAL,IND PK
Jurisdiction
Opa Locka, FL
Recorded code
7400:INDUSTRIAL,IND PK
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 7400:INDUSTRIAL,IND PK in Opa Locka, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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