Industrial Condo
New
For Sale
$430,000
4620 NW 133rd St 4620, Opa Locka, FL 33054
A two-office layout, street-level loading, and industrial zoning support practical warehouse operations.
Property Size1,711 SF
Price / SF$251.32
Days on Market3
Property Features for 4620 NW 133rd St 4620
General Information
Standard status
Active
Size
1,711 SF
Property subtype
Industrial
Zoning
I-3
Warehouse & Industrial
Clear Height
20 ft
Drive-In Doors
1
Building Details
Building Size
1,711 SF
Year Built
2006
Listing Agency:
King Industrial Realty, Inc.
Listed By:
L. Brian King · License #3028902
(305) 316-2167
Source:
Elliman
Added: Oct 16
Last Checked: Oct 16 at 2:15PM
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-square-foot warehouse condominium includes two offices, a bathroom, and a street-level loading door. The building was constructed in 2006 and has a 20-foot clear ceiling height with twin-tee construction. I-3 industrial zoning is in place.
The property is located at 4620 NW 133rd St in Opa-locka. Association services include trash collection, roof maintenance, and upkeep of common areas.
The property is located at 4620 NW 133rd St in Opa-locka. Association services include trash collection, roof maintenance, and upkeep of common areas.
Key Highlights
- 1,711 SF warehouse condominium with two offices and a bathroom
- Street‑level loading door
- 20‑foot clear ceiling height with twin‑tee construction
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
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
NOI $80,846 @ 7.0% cap · market cap 18.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
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
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
Vacancy Rate% for Industrial in South region
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 - A two-office layout, street-level loading, and industrial zoning support practical warehouse operations.
Where is this warehouse located?
The property is located at 4620 NW 133rd St 4620 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 with two offices and a bathroom; Street‑level loading door; 20‑foot clear ceiling height with twin‑tee construction
