Gas Station Store for
For Sale
$3,500,000
14126 NW 27th Avenue Opa-Locka, Opa Locka, FL 33054
Busy store in gas station, open 24 hours.
Property Size3,326 SF
Days on Market231
Property Features for 14126 NW 27th Avenue Opa-Locka
General Information
Standard status
Active
Size
3,326 SF
Property subtype
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$11,324
Building Details
Building Size
3,326 SF
Year Built
1984
Listing Agency:
Midtown Realty International
Listed By:
Alexander E Hernandez · License #3013502
(305) 253-5600
Source:
Silverleafrealtygroup
Added: Jan 15
Changed: Sep 3
Last Checked: Sep 2 at 3:59PM
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 Midtown Realty International
Investment Insights
Based on property information with market context.
A store located within a gas station is available for sale. The property benefits from a convenient location with easy access. The store features an open cooler designed to maintain product condition. The business operates 24 hours a day.
Key Highlights
- Store for sale
- Open 24 hours a day
- Good location with easy access
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
$157,155
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
4.49%
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%
$3,143,100
$3.1M
Cap Rate 7%
$2,245,071
$2.2M
Cap Rate 9%
$1,746,167
$1.7M
Market Conditions
NOI Build-Up for 3,326 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
$212.7K $63.96/SF
− Vacancy
−$3.2K −$0.96/SF
EGI
$209.5K $63.00/SF
− OpEx
−$52.4K −$15.75/SF
NOI
$157.2K $47.25/SF
Area
Miami, FL
Vacancy
1.50%
Lease Rate
$63.96 /SF/Yr
Expense Ratio
25.00%
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%
$3,143,100
Cap Rate 7%
$2,245,071
Cap Rate 9%
$1,746,167
Alternative Uses
Best Use
Specialty Retail
$2.25M
$1.96M – $2.62M
NOI $157,155 @ 7.0% cap · market cap 4.49%
Second Best
Retail
$1.55M
$1.36M – $1.81M
NOI $108,513 @ 7.0% cap · market cap 3.10%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,389
Businesses Nearby
Under-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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Food Town Center — 1960 Opa-Locka Blvd, Opa-locka, FL 33054
- Tropic Save — 13931 NW 27th Ave, Opa-locka, FL 33054
- Chavez Distributors — 151 Opa-locka Blvd, Opa-locka, FL 33054
- Power supermarket Smok Shop — 14560 NW 22nd Ave, Opa-locka, FL 33054
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Busy store in gas station, open 24 hours.
Where is this grocery and convenience store located?
The property is located at 14126 NW 27th Avenue Opa-Locka Opa Locka, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Store for sale; Open 24 hours a day; Good location with easy access
