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Property profile & analytics
FOR LEASE
Amusement parks
12691 Northwest 42Nd Ave Opa Locka, FL 33054
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-4416042
For Lease
1 / 3
$220,000
12691 Northwest 42Nd Ave, Opa Locka, FL 33054
View Listing →
Property profile
Verified
Property type
Amusement parks
Use group
AMUSEMENT PARK
Year built
1985
Construction
CONCRETE
Total area
1,000 SF
Lot
33.78 ac (1,471,483 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
08-2129-000-0050
UPID
US18-4416042
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
-
OPA LOCKA DENTAL SERVICES, INC Dental Office
-
Las Americas Restaurant Restaurant
-
Antigua Yarda Parking Lot & Garage
-
ATM Machine at Pon Di Endz - Opa-locka Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$160k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$220k
Owner & transaction history
Ta Ironwood Industrial II LLC · 1 yrs held
Ta Ironwood Industrial II LLC
since 2025
5 recorded transactions
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Opa Locka, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
$160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$220k
Range $198k – $242k · ±10%
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
$220 / 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
$296,008
Tax year 2023
Assessed value
$10,812,871
Assessed 2023
Previous assessed
$10,812,871
+0.0% YoY
Effective rate
2.74%
On assessed value
Assessed land
$9,372,618
Assessed improvement
$1,440,253
Land market value
$9,372,618
Improvement market value
$1,440,253
Total market value
$10,812,871
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
Amusement parks
Use group
AMUSEMENT PARK
Status
For Lease
Year built
1985
Construction
CONCRETE
Heating
NONE
Buildings
4
Stories
1
Total area
1,000 SF
Lot
33.78 ac (1,471,483 SF)
Zoning code
6500:COMMERCIAL,CLASSIF
APN
08-2129-000-0050
UPID
US18-4416042
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6500:COMMERCIAL,CLASSIF · Opa Locka, FLZoning 6500:COMMERCIAL,CLASSIF · permitted uses
6500:COMMERCIAL,CLASSIF · Opa Locka, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Construction
CONCRETE
Heating
NONE
Stories
1
Buildings
4
Lot
33.78 ac
Current owner
From public records · entity-resolved
Ta Ironwood Industrial II LLC
Entity
Mailing address
90 PARK AVE FL #32, NEW YORK, NY 10016-1316
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2025
$94,073,000
Ta Ironwood Industrial II LLC
Gpt Nw 42nd Avenue Owner II LLC
Special Warranty Deed
—
Oct 19, 2018
—
Gpt Nw 42nd Ave Owner II LLC
—
Grant Deed
related
$1,220,000,000 · Citibank
Jul 25, 2017
$38,082,600
Gpt Nw 42nd Avenue Owner II LLC
Bodwin Ltd
Warranty Deed
—
Mar 27, 2009
—
Bodwin Ltd
—
Deed Of Trust
related
$6,000,000 · Citibank NA
—
—
Bodwin Ltd
—
Deed Of Trust
related
$5,000,000 · Far East National 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.
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