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Manufacturing Facility with Outdoor Storage
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4355 NW 128 St, Opa Locka, FL 33054

Manufacturing property with substantial land area, outdoor storage, heavy power, and finished office space.

Property Size128,732 SF
Price / SF$264.11
Days on Market54

Property Features for 4355 NW 128 St

General Information

Standard status Active
Size 128,732 SF
Property subtype INDUSTRIAL
Listing Agency: CBRE | Miami
Listed By: Mateo Coman
Source: Moodyscre
Added: Sep 2 Changed: Oct 1 Last Checked: Oct 24 at 6:29PM

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 | Miami

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Investment Insights

Based on property information with market context.

Manufacturing property at 4355 NW 128 St in Opa Locka, Florida, comprising approximately 7.47 acres, or ±325,554 square feet, of total land. The improvements include two buildings: a 102,332-square-foot primary structure and a separate 26,400-square-foot building. The facility offers 22-foot clear height, heavy power, and high-end office finishes.

The site also includes outdoor storage, adding an exterior component to the manufacturing operation. The property combines substantial land area with more than 128,000 square feet of building improvements across the two structures.

Key Highlights

  • ±325,554 total land SF across 7.47 total AC
  • Building 1 contains 102,332 SF
  • Building 2 contains 26,400 SF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$2,100,066
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$42,001,320 $42.0M
Cap Rate 7%
$30,000,943 $30.0M
Cap Rate 9%
$23,334,067 $23.3M
Market Conditions
NOI Build-Up for 128,732 SF
Gross rent
$2.60M $20.16/SF
− Vacancy
−$124.6K −$0.97/SF
EGI
$2.47M $19.19/SF
− OpEx
−$370.6K −$2.88/SF
NOI
$2.10M $16.31/SF
Area
Miami, FL
Vacancy
4.80%
Lease Rate
$20.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$42,001,320
Cap Rate 7%
$30,000,943
Cap Rate 9%
$23,334,067

Alternative Uses

Best Use
Warehouse
$30.00M
$26.25M – $35.00M (±1% cap)
NOI $2,100,066 @ 7.0% cap · market cap 6.18%
Second Best
Industrial
$24.71M
$21.62M – $28.82M (±1% cap)
NOI $1,729,466 @ 7.0% cap · market cap 5.09%
Theoretical Best
Specialty Retail
$86.89M
$76.03M – $101.38M (±1% cap)
NOI $6,082,645 @ 7.0% cap · market cap 17.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby

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

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - Manufacturing property with substantial land area, outdoor storage, heavy power, and finished office space.
Where is this manufacturing property located?
The property is located at 4355 NW 128 St Opa Locka, FL.
What is the asking price?
The asking price for this property is $34,000,000.
What are key features of this property?
This property features: ±325,554 total land SF across 7.47 total AC; Building 1 contains 102,332 SF; Building 2 contains 26,400 SF
(305) 374-1000 Call to check price and availability
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