Entity Owned
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For Sale
Contact for pricing
12900 NW 38Th Ave, Opa Locka, FL 33054
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Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1990
Construction
CONCRETE
Total area
22,836 SF
Lot
1.09 ac (47,480 SF)
Zoning code
7400:INDUSTRIAL,IND PK
APN
08-2129-010-0060
UPID
US18-4993649
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
General Contractor
-
Metal Fabrication Plant Factory
-
Law Firm
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$24.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$24.65M
Owner & transaction history
since 2024
Last sale
$24.7M
5 recorded transactions
Zoning & alternative use
7400:INDUSTRIAL,IND PK · Opa Locka, FL
Top alternative use upside
Restaurant
$16.9M
+291.0%
Commercial (general)
$16.9M
+289.8%
Office building
$15.6M
+259.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$24.65M
Value range
$22.19M – $27.12M
±10% around blend
Estimated value / SF
$1,079 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
60
$22.19M
blend $24.65M
$27.12M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
22,836 SF
Lot area
1.09 ac
Year built
1990
Stories
1
APN
08-2129-010-0060
Zoning
7400:INDUSTRIAL,IND PK
Assessed value
$2,706,000
Annual tax
$68,332
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$7.07M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.4 mi away · 21,100 SF
6.3 mi away · 16,113 SF
6.4 mi away · 27,222 SF
6.6 mi away · 24,788 SF
9.2 mi away · 21,987 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$24.65M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 64 sales
$190
+469%
Submarket 1600 sales
$268
+303%
County 2032 sales
$249
+333%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $1,079/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+291%
vs current-use indication
Commercial (general)
Office Building
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$24.65M
Move the market yield to see immediate price impact.
Value / SF
$1,079
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.55M
$31.06M
$22.18M
$17.26M
$1.73M
$34.51M
$24.65M
$19.17M
$1.90M
$37.96M
$27.11M
$21.09M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$6.30M
0.9 mi · Sep 2025 · $252/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$68,332
Tax year 2023
Assessed value
$2,706,000
Assessed 2023
Previous assessed
$2,706,000
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$1,139,520
Assessed improvement
$1,566,480
Land market value
$1,139,520
Improvement market value
$1,566,480
Total market value
$2,706,000
Applied tax rate
800.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1990
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
22,836 SF
Lot
1.09 ac (47,480 SF)
Zoning code
7400:INDUSTRIAL,IND PK
APN
08-2129-010-0060
UPID
US18-4993649
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
7400:INDUSTRIAL,IND PK · Opa Locka, FLZoning 7400:INDUSTRIAL,IND PK · permitted uses
7400:INDUSTRIAL,IND PK · Opa Locka, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.09 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
7400:INDUSTRIAL,IND PK
Jurisdiction
Opa Locka, FL
Recorded code
7400:INDUSTRIAL,IND PK
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for 7400:INDUSTRIAL,IND PK in Opa Locka, FL.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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