Opa-locka Warehouse with Secured
2600 Ali Baba Ave Opa Locka, FL 33054
2600 Ali Baba Ave, Opa Locka, FL, 33054
$4,650,000
For Sale
$4,650,000
20,100 SF warehouse with 21,000 SF secured yard.
Property Size20,100 SF
Lot Size0.95 Acres
Price / SF$231.34
Days on Market133
Property Features for 2600 Ali Baba Ave
General Information
- Standard status
- Active
- Size
- 20,100 SF
- Lot size
- 0.95 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1946
Listing agency
(786) 222-1373
Listed by
Yuniel De Varona Rodriguez
(786) 222-1373
Source
Elliman
Added: Mar 11 Updated: Jul 6 at 12:42PM Checked: Jul 21 at 9:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Yuniel De Varona Rodriguez
Investment Insights
Based on property information with market context.
This property presents an industrial opportunity in Opa-locka, featuring a 20,100 square foot multi-bay warehouse complemented by a 21,000 square foot secured and paved yard. The property is currently fully leased and generates a gross monthly income of $19,000, with existing rents positioned 40–50% below market rates. The I-1 Light Industrial zoning accommodates logistics, distribution, contractor operations, storage, and similar uses. The warehouse includes street-level loading and three-phase power. The secured yard is suitable for outdoor storage or parking. The location provides access to SR-826, I-95, the Gratigny Expressway, and Opa-locka Executive Airport.
Key Highlights
- Significant income upside via rent adjustments, repositioning, or partial owner use.
- Fully leased property generating $19,000/month gross income.
- 20,100 SF multi‑bay warehouse plus 21,000 SF secured, paved yard.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $405.2k | $20.16 |
| − Vacancy | −$19.5k | −$0.97 |
| EGI | $385.8k | $19.19 |
| − OpEx | −$57.9k | −$2.88 |
| NOI | $327.9k | $16.31 |
20,100 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$4.68M
$4.10M – $5.47M
NOI $327,901 @ 7.0% cap · market cap 7.05%
Second Best
Industrial
$3.86M
$3.38M – $4.50M
NOI $270,036 @ 7.0% cap · market cap 5.81%
Theoretical Best
Specialty Retail
$13.57M
$11.87M – $15.83M
NOI $949,734 @ 7.0% cap · market cap 20.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - 20,100 SF warehouse with 21,000 SF secured yard.
Where is this warehouse located?
The property is located at 2600 Ali Baba Ave Opa Locka, FL.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Significant income upside via rent adjustments, repositioning, or partial owner use.; Fully leased property generating $19,000/month gross income.; **20,100 SF multi‑bay warehouse plus 21,000 SF secured, paved yard.**
