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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1228 Opa-Locka Blvd Opa-locka, FL 33054

6,500 SF Built 1940
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 6,500 square foot retail storefront in Opa-locka, Florida, currently operating as a successful hardware store for over 40 years. The property boasts 100% occupancy and includes two buildings situated on a nearly 12,000 square foot lot zoned B2, allowing for a wide range of commercial uses. The main building, constructed in 1940, features concrete block exterior walls with stucco, a metal roll-up loading door, central air conditioning, and a mezzanine level with office space. The interior offers mostly open retail space with a rear storage area. A second parcel includes a residential home. An additional 700 square feet of open-air space is currently used for pipe cutting. The property's prime location near Opa-locka Executive Airport and Miami International Airport (22 miles), combined with its flexible B2 zoning, presents significant potential for various businesses, including retail, wholesale, and light industrial uses. The property is offered fee simple and represents a rare chance to acquire a well-established, high-performing asset in a rapidly developing area. The asking price is $1,550,000, with a price per square foot of $238.46. The net rentable square footage is 7,400 square feet. The property consists of two buildings and two units.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1940
Total area 6,500 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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