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

    2337 NW 149th St, Opa Locka, FL 33054

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Commercial property available for rent in Opa-locka, Florida.

    Type:Industrial
    Added:
    Apr 15, 2024
    Days on Market:
    761
    Last Refresh:
    Mar 17 at 1:20 pm

    Property Features for 2337 NW 149th St

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Spaces For Lease

    at 2337 NW 149th St Contact us

    Bay 1 $16/Mo

    Size
    8,393 SF
    Type
    Industrial
    Total SF Available: 8,393 SFnOffice SF: 400 SFn1 Drive in DoornImmediate Occupancy
    Contact us

    We can help!

    Listing Contact
    Larry Genet
    Larry Genet

    Listing agent Larry Genet License #FL BK3126847

    Listing office CBRE - Fort Lauderdale

    Listing date Apr 15, 2024

    Source Crexi

    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 CBRE - Fort Lauderdale

    HighLights

    • Located in between Red Road and SR 441

    Overview

    This commercial property is located in Opa-locka, Florida, situated between Red Road and SR 441.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Opa Locka
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.239933
    Latitude
    25.910408

    Nearby Similar for Lease

    • $17 SF/Yr
      8,000 SF

      Opa-Locka Warehouse with Dock Loading

      8,000 SF warehouse with high dock and 3-phase power.
      14935 NW 27th Ave, Opa-Locka, FL 33054
      View Details
    • $2,750/Mo

      Opa-Locka Storefront Retail Space

      Retail space next to Amazon Fulfillment Center with high ceilings.
      1230 Opa Locka Blvd, Opa-Locka, FL 33054
      View Details
    • Contact for pricing
      3,120 SF

      Opa-Locka Industrial Spaces Available

      Industrial spaces with office, heavy power, and street access.
      3820 NW 135th St, Opa-Locka, FL 33054
      View Details
    • $16 SF/Yr
      8,393 SF

      Opa-locka Warehouse Space Available

      Warehouse space for rent with office and restrooms.
      2337 Northwest 149th Street, Opa-locka, FL, 33054
      View Details
    • $2,000/Mo

      Modern Duplex Unit Available

      Move-in ready duplex with modern finishes and included services.
      13425 NW 31st Ave 2, Opa-locka, FL 33054
      View Details
    • $7,200/Mo
      400 SF

      Opa Locka Free-Standing Building

      400 sq.ft. free-standing building with fenced storage yard.
      14041 NW 20th Ave, Opa Locka, FL
      View Details
    • $6,450/Mo
      3,600 SF

      Opa Locka Free-Standing Warehouse

      3,600 sqft free-standing warehouse with offices and storage.
      14020 Nw 19th Ave, Opa Locka, FL
      View Details
    • $8,600/Mo
      4,700 SF

      Free-Standing Warehouse with Storage Yard

      4,700 sq ft warehouse with offices and storage yard.
      14040 Nw 19th Ave, Opa Locka, FL
      View Details
    • Contact for pricing
      2,918 SF

      Opa-locka Industrial Condo Warehouse

      Industrial condo warehouse with office buildout, suitable for various businesses.
      3815 NW 125th St, Opa-locka, FL 33054
      View Details
    • Contact for pricing

      Industrial Outdoor Storage Truck Parking

      Secured truck parking and outdoor storage near major highways.
      12905 Nw 32nd Ave, Opa Locka, FL
      View Details
    • $38 SF/Yr
      1,500 SF

      Retail Space in Miami Gardens

      Local shopping center with high traffic and excellent exposure.
      16650 NW 27th Ave, Opa Locka, FL
      View Details
    • Contact for pricing
      758,387 SF

      Industrial Park in Central Dade

      New industrial park in the Central Dade submarket of Miami.
      12691 Northwest 42nd Avenue, Opa-locka, FL, 33054
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial property available for rent in Opa-locka, Florida.
    Where is this specialty property located?
    The property is located at 2337 NW 149th St Opa Locka, FL.
    What are key features of this property?
    This property features: Located in between Red Road and SR 441
    (402) 441-5823 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Larry Genet
    Larry Genet
    Real Estate License ID: FL BK3126847
    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
    2337 NW 149th St, 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!