Opa-locka Industrial Warehouse For
For Sale
Contact for pricing
13443 NW 47th Ave # 10, Opa Locka, FL 33054
1,348 SF warehouse near Opa-locka Executive Airport.
Property Size1,348 SF
Price / SF$370.92
Days on Market143
Property Features for 13443 NW 47th Ave # 10
General Information
Standard status
Active
Size
1,348 SF
Property subtype
Industrial
Zoning
7400
Building Details
Year Built
2006
Listing Agency:
Daniel S Whitebook R.E Broker
Listed By:
Daniel Whitebook · License #3043420
Source:
Crexi
Added: Mar 21
Changed: Aug 8
Last Checked: Aug 8 at 2:36PM
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 Daniel S Whitebook R.E Broker
Investment Insights
Based on property information with market context.
This 1,348 square foot industrial warehouse is located on 135th Street in Opa-locka, directly across from the Opa-locka Executive Airport. The property offers visibility and accessibility to major transportation routes. It is suitable for an owner-user or investor seeking a value-add opportunity within a high-demand industrial area. The location benefits from high traffic counts and a growing submarket. This property is suitable for aviation-related businesses or logistics.
Key Highlights
- Prime location directly across from Opa‑locka Executive Airport, ideal for aviation‑related businesses.
- Strategic location on 135th St in Opa‑locka with high visibility.
- Easy access to major transport routes.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,991
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$439,820
$439.8K
Cap Rate 7%
$314,157
$314.2K
Cap Rate 9%
$244,344
$244.3K
Market Conditions
NOI Build-Up for 1,348 SF
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.
Gross rent
$27.2K $20.16/SF
− Vacancy
−$1.3K −$0.97/SF
EGI
$25.9K $19.19/SF
− OpEx
−$3.9K −$2.88/SF
NOI
$22.0K $16.31/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$439,820
Cap Rate 7%
$314,157
Cap Rate 9%
$244,344
Alternative Uses
Best Use
Warehouse
$314.2K
$274.9K – $366.5K
NOI $21,991 @ 7.0% cap · market cap 4.40%
Second Best
Industrial
$258.7K
$226.4K – $301.8K
NOI $18,110 @ 7.0% cap · market cap 3.62%
Theoretical Best
Specialty Retail
$909.9K
$796.2K – $1.06M
NOI $63,694 @ 7.0% cap · market cap 12.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
725
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33054, FL
30,352
Population
10,263
Households
3
Avg Household Size
37
Median Age
10%
College-Educated
75%
High-School Grad
8.4 sq mi
ZIP Area
3,613
Density / Sq Mi
$42,779
Median Household Income
$31,147
Median Earnings
$1,346
Median Rent
$291,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- www.911shred.com — 13200 NW 38th Ct, Opa-locka, FL 33054
- Overdrive Miami — 4705 NW 132nd St, Miami, FL 33054
- Quantum Storage Systems — 4820 NW 128th St, Opa-locka, FL 33054
Frequently Asked Questions
What type of property is this?
Warehouse - 1,348 SF warehouse near Opa-locka Executive Airport.
Where is this warehouse located?
The property is located at 13443 NW 47th Ave # 10 Opa Locka, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Prime location directly across from Opa‑locka Executive Airport, ideal for aviation‑related businesses.; Strategic location on 135th St in Opa‑locka with high visibility.; Easy access to major transport routes.
