Material Recovery
For Sale
Contact for pricing
2330 NW 149th St, Opa Locka, FL 33054
Facility comprises three interconnected buildings for cardboard, paper, and plastic recycling operations.
Property Size164,311 SF
Lot Size5.07 Acres
Price / SF$180
Days on Market480
Property Features for 2330 NW 149th St
General Information
Standard status
Active
Size
164,311 SF
Lot size
5.07 Acres
Property subtype
INDUSTRIAL
Additional Details
Clear Height
42 ft
Building Details
Buildings
3
Listing Agency:
Americas Commercial Real Estate
(786) 277-4416
Listed By:
Alexander Bernaldo, SIOR · License #SL434665
(786) 277-4416
Source:
Moodyscre
Added: Apr 9, 2025
Changed: Jul 30
Last Checked: Jul 30 at 11:09AM
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 Americas Commercial Real Estate
Investment Insights
Based on property information with market context.
This Material Recovery Facility (MRF) specializes in cardboard, paper, and plastic recycling. The site totals 5.07 acres and includes three interconnected buildings totaling 164,311 square feet under roof.
Designed for material processing, the facility features ceiling heights ranging from 31 to 42 feet. The property is strategically positioned between Miami-Dade and Broward Counties, supporting regional recycling and processing needs.
With a multi-building, interconnected layout and substantial under-roof area, this facility is built to accommodate recycling operations focused on cardboard, paper, and plastic recovery.
Designed for material processing, the facility features ceiling heights ranging from 31 to 42 feet. The property is strategically positioned between Miami-Dade and Broward Counties, supporting regional recycling and processing needs.
With a multi-building, interconnected layout and substantial under-roof area, this facility is built to accommodate recycling operations focused on cardboard, paper, and plastic recovery.
Key Highlights
- 5.07‑acre Material Recovery Facility (MRF) site between Miami‑Dade and Broward Counties
- Three interconnected buildings totaling 164,311 SF under roof
- MRF specializing in cardboard, paper, and plastic recycling
Financial Insights For Industrial
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 | $3.31M | $20.16 |
| − Vacancy | −$159.0k | −$0.97 |
| EGI | $3.15M | $19.19 |
| − OpEx | −$946.1k | −$5.76 |
| NOI | $2.21M | $13.43 |
164,311 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$31.54M
$27.59M – $36.79M
NOI $2,207,457 @ 7.0% cap · market cap 7.46%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$110.91M
$97.05M – $129.40M
NOI $7,763,769 @ 7.0% cap · market cap 26.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
42 ft
Clear height
Location Intelligence
Trade Area within ½ mile
924
Businesses Nearby
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
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Facility comprises three interconnected buildings for cardboard, paper, and plastic recycling operations.
Where is this manufacturing property located?
The property is located at 2330 NW 149th St Opa Locka, FL.
What is the asking price?
The asking price for this property is $29,576,000.
What are key features of this property?
This property features: 5.07‑acre Material Recovery Facility (MRF) site between Miami‑Dade and Broward Counties; Three interconnected buildings totaling 164,311 SF under roof; MRF specializing in cardboard, paper, and plastic recycling
