Flex Space with Loading
3921 NW 135th Street, Opa Locka, FL 33054
For Sale
Contact for pricing
A showroom, office, and warehouse layout combines customer-facing areas with loading infrastructure and B-3 Commercial Intensive zoning.
Property Size22,106 SF
Price / SF$0.00
Days on Market20
Property Features for 3921 NW 135th Street
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Road Access
Building Details
Year Built
Listing Agency:
Fausto Commercial Realty Consultants Inc
(786) 748-7373
Listed By:
Benjamin Kunzle · License FL #3634365
(754) 204-8236
Source:
Lehmannflorida
Added: Oct 22
Changed: Nov 10
Last Checked: Nov 10 at 2:20PM
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 Fausto Commercial Realty Consultants Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex property at 3921 NW 135th Street combines showroom, office, and warehouse areas. Building features include approximately 16-foot ceiling heights, 400-amp three-phase electrical service, and 10+ designated parking spaces. Loading is served by three dock-high positions, two street-level ramps at the front, and another ramp at the rear. The property was built in 1988.
Located along NW 135th Street in Opa-locka, the property has frontage on the street. B-3 Commercial Intensive zoning accommodates commercial activities such as retail sales, showrooms, construction trades, and enclosed light industrial or light manufacturing operations, subject to applicable municipal requirements and approvals.
Located along NW 135th Street in Opa-locka, the property has frontage on the street. B-3 Commercial Intensive zoning accommodates commercial activities such as retail sales, showrooms, construction trades, and enclosed light industrial or light manufacturing operations, subject to applicable municipal requirements and approvals.
Key Highlights
- Three dock‑high loading positions, two front street‑level ramps, and an additional rear ramp
- 400‑amp, three‑phase electrical service
- Approximately 16‑foot ceiling heights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$296,986
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,939,720
$5.9M
Cap Rate 7%
$4,242,657
$4.2M
Cap Rate 9%
$3,299,844
$3.3M
Market Conditions
NOI Build-Up for 22,106 SF
Gross rent
$445.7K $20.16/SF
− Vacancy
−$21.4K −$0.97/SF
EGI
$424.3K $19.19/SF
− OpEx
−$127.3K −$5.76/SF
NOI
$297.0K $13.43/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,939,720
Cap Rate 7%
$4,242,657
Cap Rate 9%
$3,299,844
Alternative Uses
Best Use
Retail
$10.30M
$9.02M – $12.02M
NOI $721,223 @ 7.0% cap
Second Best
Warehouse
$5.15M
$4.51M – $6.01M
NOI $360,626 @ 7.0% cap
Theoretical Best
Specialty Retail
$14.92M
$13.06M – $17.41M
NOI $1,044,518 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,134
Businesses Nearby
Well-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
$291,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Miami-Dade County, FL
Properties on Market for Flex space in Miami-Dade County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Walkers First Class Catering — 3856 NW 125th St, Opa-locka, FL 33054
- Kiss My Grits Kitchen — 151 Douglas Rd, Opa-locka, FL 33054
- Tyson's Catering Services — 361 Opa-locka Blvd, Opa-locka, FL 33054
- Aroma Catering Inc — 530 Sharazad Blvd, Opa-locka, FL 33054
Frequently Asked Questions
What type of property is this?
Flex space - A showroom, office, and warehouse layout combines customer-facing areas with loading infrastructure and B-3 Commercial Intensive zoning.
Where is this flex space located?
The property is located at 3921 NW 135th Street Opa Locka, FL.
What are key features of this property?
This property features: Three dock‑high loading positions, two front street‑level ramps, and an additional rear ramp; 400‑amp, three‑phase electrical service; Approximately 16‑foot ceiling heights
