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    1201 Opa Locka Blvd Opa-locka, FL 33054

    For Sale
    $308,000

    Prime location, high traffic, diverse commercial zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional mixed-use property, located at 1201 Opa Locka Blvd in Opa-locka, Florida (zip code 33054), presents a compelling investment opportunity. Built in 1940, this property is zoned for both residential and commercial B2 use, offering remarkable versatility. The B2 zoning allows for a wide range of commercial enterprises, including but not limited to: fast food drive-thrus, restaurants, retail stores, medical offices, coffee shops, banquet halls, hotels, motels, real estate offices, car dealerships, and more. Its strategic corner lot location at NW 135th St near NW 27th Avenue provides exceptional visibility and accessibility. The property benefits from its proximity to major transportation arteries, including I-95, NW 135th Street, Hwy 441, Gratigny Pkwy, and I-75, ensuring high traffic volume. Furthermore, its adjacency to a new Murphy Oil gas station and its location one block from NW 27th Ave (a road with over 20 million annual travelers) significantly enhances its commercial potential. The property's central location in Miami offers easy access to significant amenities, including the new Amazon Warehouses, Opa Locka Airport, Miami International Airport, downtown Miami, and Broward County. The asking price for this property is $308,000.

    Property Features for 1201 Opa Locka Blvd

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1940

    HighLights

    • $308,000 asking price.
    • Mixed‑use retail property built in 1940.
    • Located at 1201 Opa Locka Blvd, Opa‑locka, FL 33054.
    • Zoned for B2 commercial use, allowing for various retail and service businesses.
    • Corner lot near major roadways (I‑95, I‑75, Hwy 441), Opa‑Locka Airport, and Amazon warehouses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Opa-locka
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2446452
    Latitude
    25.8989515

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Retail property - Prime location, high traffic, diverse commercial zoning.
    Where is this retail property located?
    The property is located at 1201 Opa Locka Blvd Opa-locka, FL.
    What is the asking price?
    The asking price for this property is $308,000.
    What are key features of this property?
    This property features: $308,000 asking price.; Mixed-use retail property built in 1940.; Located at 1201 Opa Locka Blvd, Opa-locka, FL 33054.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1201 Opa Locka Blvd Opa-locka, FL 33054
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