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Industrial Warehouse Condo
For Sale
$430,000

4620-4620 Nw 133rd St, Opa Locka, FL 33054

Warehouse condominium with two offices, a bathroom, and street-level loading access.

Property Size1,711 SF
Price / SF$251.32
Days on Market8

Property Features for 4620-4620 Nw 133rd St

General Information

Standard status Active
Size 1,711 SF
Zoning I-3

Warehouse & Industrial

Clear Height 20 ft
Drive-In Doors 1

Building Details

Year Built 2006
Construction Twin-Tee
Listing Agency: King Industrial Realty Inc.
Listed By: L. Brian King · License #3028902
Source: Exprealty
Added: Oct 14 Changed: Oct 19 Last Checked: Oct 20 at 11:37PM

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 King Industrial Realty Inc.

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Investment Insights

Based on property information with market context.

This 1,711 SF warehouse condominium includes two offices and a bathroom, with one street-level loading door. The space has a 20-foot clear ceiling height and twin-tee construction. Built in 2006, the property is zoned I-3 Industrial.

Key Highlights

  • 1,711 SF warehouse condominium
  • Two offices and one bathroom
  • One street‑level loading door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,912
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$558,240 $558.2K
Cap Rate 7%
$398,743 $398.7K
Cap Rate 9%
$310,133 $310.1K
Market Conditions
NOI Build-Up for 1,711 SF
Gross rent
$34.5K $20.16/SF
− Vacancy
−$1.7K −$0.97/SF
EGI
$32.8K $19.19/SF
− OpEx
−$4.9K −$2.88/SF
NOI
$27.9K $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%
$558,240
Cap Rate 7%
$398,743
Cap Rate 9%
$310,133

Alternative Uses

Best Use
Warehouse
$398.7K
$348.9K – $465.2K (±1% cap)
NOI $27,912 @ 7.0% cap · market cap 6.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.15M
$1.01M – $1.35M (±1% cap)
NOI $80,846 @ 7.0% cap · market cap 18.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Warehouses

Suggested Use

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

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

Lease Details

20 ft
Clear height
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

725
Businesses Nearby
Well-served
Demand for This Use

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

Similar Off Market Nearby

  • Quantum Storage Systems — 4820 NW 128th St, Opa-locka, FL 33054
  • Overdrive Miami — 4705 NW 132nd St, Miami, FL 33054
  • www.911shred.com — 13200 NW 38th Ct, Opa-locka, FL 33054

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse condominium with two offices, a bathroom, and street-level loading access.
Where is this warehouse located?
The property is located at 4620-4620 Nw 133rd St Opa Locka, FL.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: 1,711 SF warehouse condominium; Two offices and one bathroom; One street‑level loading door
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