For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Opa-locka Warehouse with Secured Yard Title is generated by Realmo AI

    2600 Ali Baba Ave, Opa Locka, FL 33054

    View on Map
    Claim this Listing
    For Sale
    $4,650,000

    20,100 SF warehouse with 21,000 SF secured yard.

    Type:Industrial
    Property size:
    20,100 SF
    Lot size:
    0.95 Acres
    Price / SF:
    $231/SF
    Added:
    Mar 11, 2026
    Days on Market:
    120
    Last Refresh:
    Jul 2 at 8:59 pm

    Property Features for 2600 Ali Baba Ave

    General Information

    Standard status
    Active
    Size
    20,100 SF
    Lot size
    0.95 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1946

    We can help!

    Contact an agent
    Yuniel De Varona Rodriguez

    Listing office

    Listing date Mar 11, 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 Yuniel De Varona Rodriguez

    HighLights

    • Significant income upside via rent adjustments, repositioning, or partial owner use.
    • Fully leased property generating $19,000/month gross income.
    • 20,100 SF multi‑bay warehouse plus 21,000 SF secured, paved yard.
    • Flexible I‑1 Light Industrial zoning suitable for diverse uses.
    • Excellent access to major transportation arteries (SR‑826, I‑95, Gratigny Expressway) and Opa‑locka Executive Airport.
    • Features include street‑level loading, three‑phase power, and secured yard.

    Overview

    This property presents an industrial opportunity in Opa-locka, featuring a 20,100 square foot multi-bay warehouse complemented by a 21,000 square foot secured and paved yard. The property is currently fully leased and generates a gross monthly income of $19,000, with existing rents positioned 40–50% below market rates. The I-1 Light Industrial zoning accommodates logistics, distribution, contractor operations, storage, and similar uses. The warehouse includes street-level loading and three-phase power. The secured yard is suitable for outdoor storage or parking. The location provides access to SR-826, I-95, the Gratigny Expressway, and Opa-locka Executive Airport.

    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 $405.2k $20.16
    − Vacancy −$19.5k −$0.97
    EGI $385.8k $19.19
    − OpEx −$57.9k −$2.88
    NOI $327.9k $16.31
    20,100 SF · lease $20.16/SF/yr · vacancy 4.80% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $4.68M
    $4.10M – $5.47M (±1% cap)
    NOI $327,901 @ 7.0% cap · market cap 7.05%
    Second Best
    Industrial
    $3.86M
    $3.38M – $4.50M (±1% cap)
    NOI $270,036 @ 7.0% cap · market cap 5.81%
    Theoretical Best
    Specialty Retail
    $13.57M
    $11.87M – $15.83M (±1% cap)
    NOI $949,734 @ 7.0% cap · market cap 20.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Dental Office Law Firm Restaurant Spa & Massage Center Pharmacy Gym & Fitness Center Skin Care Clinic Hair Salon Parking Lot & Garage

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

    Similar Places Nearby

    • 855 632 5315 — 2990 NW 132nd Terrace, Opa-locka, FL 33054
    • GS — 14851 NW 27th Ave, Opa-locka, FL 33054
    • GLOBAL PARKING & STORAGE — 2111 NW 141st St, Opa-locka, FL 33054
    • Mbi Llc — 3380 nw 151st terrace, 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
    -80.2432
    Latitude
    25.9051

    FAQs

    What type of property is this?
    Warehouse - 20,100 SF warehouse with 21,000 SF secured yard.
    Where is this warehouse located?
    The property is located at 2600 Ali Baba Ave Opa Locka, FL.
    What is the asking price?
    The asking price for this property is $4,650,000.
    What are key features of this property?
    This property features: Significant income upside via rent adjustments, repositioning, or partial owner use.; Fully leased property generating $19,000/month gross income.; **20,100 SF multi‑bay warehouse plus 21,000 SF secured, paved yard.**
    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