1228 Opa-Locka Blvd Opa-locka, FL 33054
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.