Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Opa-locka Industrial Warehouse Opportunity Title is generated by Realmo AI

    14040 NW 19TH Ave, Opa Locka, FL 33054

    View on Map
    Claim this Listing
    For Sale
    $1,339,500

    Renovated 4,700 SF warehouse available for purchase.

    Type:Industrial
    Property size:
    4,700 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $285/SF
    Added:
    May 12, 2026
    Days on Market:
    19
    Last Refresh:
    May 12 at 11:34 pm

    Property Features for 14040 NW 19TH Ave

    General Information

    Standard status
    Active
    Size
    4,700 SF
    Lot size
    0.15 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1958

    We can help!

    Listing Contact
    Mark Allen

    Listing agent Mark Allen

    Listing office

    Listing date May 12, 2026

    Source Elliman

    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 Mark Allen

    HighLights

    • Great Location on Major Hwy
    • Rustic and Ready
    • Various types of businesses will fit
    • Over 2 Acres
    • Fully furnished with equipment, tables, chairs etc.
    • Turn Key Operations

    Overview

    This South Florida industrial purchase opportunity features a 4,700 square foot building on a 650 square foot lot. The property is zoned for industrial office and warehouse use and includes a restroom. The owner has invested over $400,000 in updates and renovations, eliminating deferred maintenance and making the property ready for immediate occupancy. The property is also available for lease. The bike score is 38, indicating it is somewhat bikeable, the walk score is 29, indicating car-dependent, and the transit score is 35, indicating some transit options are available.

    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 $94.8k $20.16
    − Vacancy −$4.5k −$0.97
    EGI $90.2k $19.19
    − OpEx −$13.5k −$2.88
    NOI $76.7k $16.31
    4,700 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.10M
    $958.4K – $1.28M (±1% cap)
    NOI $76,673 @ 7.0% cap · market cap 5.72%
    Second Best
    Industrial
    $902.0K
    $789.3K – $1.05M (±1% cap)
    NOI $63,143 @ 7.0% cap · market cap 4.71%
    Theoretical Best
    Specialty Retail
    $3.17M
    $2.78M – $3.70M (±1% cap)
    NOI $222,077 @ 7.0% cap · market cap 16.58%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • GS — 14851 NW 27th Ave, Opa-locka, FL 33054
    • Go Store It Self Storage - Opa Locka — 12940 NW 27th Ave, Opa-locka, FL 33054
    • GLOBAL PARKING & STORAGE — 2111 NW 141st St, Opa-locka, FL 33054
    • Shark Moving — 13760 nw 19th ave #8, opa-locka, fl 33054

    Location Insight

    • Map
    • Local Demand
    City
    Opa Locka
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.231866
    Latitude
    25.902338

    Nearby Similar for Sale

    • $1,174,750
      3,600 SF

      Opa Locka Industrial Purchase Opportunity

      3,600 SF industrial building on 0.12-acre lot for sale.
      14020 NW 19TH AVENUE, OPA LOCKA, FL 33054
      View Details
    • $9,750,000
      46,986 SF

      Opa-Locka Industrial Warehouse For Sale

      Multi-tenant industrial warehouse on 1.38 acres available.
      2275 NW 150th St, Opa-Locka, FL 33054
      View Details
    • $800,000

      Opa-Locka Multifamily Investment Opportunity

      Multifamily property with value-add potential in Opa-Locka, Florida.
      1940 Ali Baba Ave, Opa-Locka, FL 33054
      View Details
    • $372,000

      Opa-Locka Warehouse Condo For Sale

      Functional industrial condo in Opa-Locka's desirable and secure area.
      4628 NW 133rd St, Opa-Locka, FL 33054
      View Details
    • $5,000,000

      Opa-Locka Multifamily Investment Opportunity

      Fully occupied building with value-add upside in Opa Locka.
      13380 Port Said Rd, Opa-Locka, FL 33054
      View Details
    • $695,000

      Opa-Locka Multifamily Investment Opportunity

      Multifamily property in Opa-Locka with value-add potential.
      2013 Washington Ave, Opa-Locka, FL 33054
      View Details
    • $695,000
      3,490 SF

      Opa-Locka Fourplex Investment Opportunity

      Value-add fourplex in Opa-Locka with income growth potential.
      2013 Washington Ave, Opa-Locka, FL 33054
      View Details
    • $800,000
      2,815 SF

      Opa-Locka Fourplex Investment Opportunity

      Value-add fourplex with single-family home in Opa-Locka, Florida.
      1940 Ali Baba Ave, Opa-Locka, FL 33054
      View Details
    • $1,202,555
      2,552 SF

      Opa-locka Industrial Site Available

      Tenant-occupied industrial site for sale in Opa-locka, Florida.
      14060 NW 19TH Ave, Opa-locka, FL 33054
      View Details
    • $1,300,000

      Opa-Locka Multifamily Investment Opportunity

      Value-add multifamily investment with upside potential in Opa-Locka, Florida.
      1761 Ali Baba Ave, Opa-Locka, FL 33054
      View Details
    • $2,820
      1,470 SF

      Hialeah Industrial Warehouse For Sale

      Industrial warehouse in Hialeah, suitable for various commercial uses.
      12450 NW 38th Ave A12450, Opa-locka, FL 33054
      View Details
    • $500,000
      1,348 SF

      Opa-locka Industrial Warehouse For Sale

      1,348 SF industrial warehouse with prime visibility in Opa-locka.
      13443 NW 47th Ave 10, Opa-locka, FL 33054
      View Details

    FAQs

    What type of property is this?
    Warehouse - Renovated 4,700 SF warehouse available for purchase.
    Where is this warehouse located?
    The property is located at 14040 NW 19TH Ave Opa Locka, FL.
    What is the asking price?
    The asking price for this property is $1,339,500.
    What are key features of this property?
    This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit
    (407) 737-9797
    We can help!
    Listing Contact
    Mark Allen
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    14040 NW 19TH Ave, Opa-locka, FL 33054
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!