New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,185,000
Outlet malls
101 Opa Locka Blvd, Opa Locka, FL 33054-3512
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US18-1524796
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1960
Construction
CONCRETE
Total area
2,662 SF
Lot
1.69 ac (73,703 SF)
Zoning code
6600:COMMERCIAL,LIBERAL
APN
08-2121-006-0010
UPID
US18-1524796
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.11M
Blend (final)
Blend
$3.19M
Owner & transaction history
Opa Locka City Centre LLC · 5 yrs held
Opa Locka City Centre LLC
since 2021
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Opa Locka, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+29.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Opa Locka submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Opa Locka submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,525,000
ML approach
$3,330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,970,000
Change: +29% · Conversion: Easy
Blend value · Realmo final
$3.19M
Range $2.87M – $3.50M · ±10% · vs last sale $3.15M (May 5 2021)
Last sale anchor
$3.15M
May 5 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,196 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$70,501
Tax year 2023
Assessed value
$2,730,000
Assessed 2023
Previous assessed
$2,730,000
+0.0% YoY
Effective rate
2.58%
On assessed value
Assessed land
$2,211,090
Assessed improvement
$518,910
Land market value
$2,211,090
Improvement market value
$518,910
Total market value
$2,730,000
Applied tax rate
800.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
1960
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
4
Stories
1
Bathrooms
6
Total area
2,662 SF
Lot
1.69 ac (73,703 SF)
Zoning code
6600:COMMERCIAL,LIBERAL
APN
08-2121-006-0010
UPID
US18-1524796
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6600:COMMERCIAL,LIBERAL · Opa Locka, FL
Zoning 6600:COMMERCIAL,LIBERAL · permitted uses
6600:COMMERCIAL,LIBERAL · Opa Locka, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Opa Locka. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.0M
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1960
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
6
Lot
1.69 ac
Current owner
From public records · entity-resolved
Opa Locka City Centre LLC
Entity
Mailing address
151 OPA LOCKA BLVD, OPA LOCKA, FL 33054-3512
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2021
$3,150,000
Opa Locka City Centre LLC
Davcommercial Acquistions LLC
Warranty Deed
—
Mar 6, 2020
—
Davcommercial Acquisitions LLC
—
Deed Of Trust
related
$3,920,000 · City Nat'l Bk/fl
Feb 18, 2009
$1,800,000
Davcommercial Acquisition LLC
City Holding Corp
Warranty Deed
—
May 28, 2008
—
City Holding Corp
—
Trustees Deed
related
$10,000 · Stephen Manson
Mar 30, 2007
—
City Holding Corp
—
Trustees Deed
related
$100,000 · Stephen Manson
Nov 22, 2006
—
City Holding Corp
—
Trustees Deed
related
$100,000 · Jsrs Holdings LLC
Jun 7, 2001
$750,000
City Holding Corp
Double A Meat Corp
Grant Deed
—
—
—
Double A Meat Corp
—
Deed Of Trust
related
$300,000 · Law Investments INC
—
—
City Holding Corp
—
Deed Of Trust
related
$800,000 · Jsrs Holdings LLC
—
—
City Holding Corp
—
Deed Of Trust
related
$75,000 · Stephen Manson
—
—
City Holding Corp
—
Deed Of Trust
related
$75,000 · Stephen Manson
—
—
City Holding Corp
—
Deed Of Trust
related
$100,000 · Jsrs Holdings LLC
—
—
City Holding Corp
—
Deed Of Trust
related
$925,000 · Jsrs Holdings LLC
—
—
City Holding Corp
—
Deed Of Trust
related
$925,000 · Jsrs Holdings LLC
—
—
Davcommercial Acquisitions LLC
—
Deed Of Trust
related
$1,360,000 · Mercantile Commerce Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 101 Opa Locka Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
