Property profile

14495 NW 22Nd Ave Opa Locka, FL 33054

FOR SALE
Outlet malls
Property ID
US18-4997415
5,712 SF 0.47 ac lot Built 1950
Individually Owned 7-yr Hold Free & Clear
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Property summary

AI-generated overview

This Opa-locka, Florida retail property offers a compelling investment opportunity. Located at 14495 NW 22nd Ave, this 5,712 square foot building sits on a 20,438 square foot lot and boasts a prime location on a busy thoroughfare, ensuring high visibility and exposure. Currently operating at 100% occupancy with two tenants under a gross lease, the property provides immediate income generation. The building, constructed in 1950 and renovated in 1987, features 15 parking spaces. The B-2 zoning allows for a variety of retail uses, including convenience stores, quick-service restaurants, and other local services. With a remaining lease term of 3 years, this multi-tenant property presents a strong cash flow potential. The asking price is $1,990,000, translating to $348.39 per square foot. This institutional-grade investment is ideal for those seeking a stable, income-producing asset in a high-traffic area with significant development potential. The property's large parking area and prominent location on a major corridor further enhance its appeal.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1950
Construction CONCRETE
Total area 5,712 SF
Lot 0.47 ac (20,438 SF)
Zoning code 6600:COMMERCIAL,LIBERAL
APN 08-2122-005-1120
UPID US18-4997415

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
  • Atm
  • Grocery & Convenience Store

Location

14495 NW 22Nd Ave Opa Locka, FL 33054
Opa Locka metro Census 418 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.84M

Owner & transaction history

since 2019
1 recorded transaction
2019
$100

Zoning & alternative use

6600:COMMERCIAL,LIBERAL · Opa Locka, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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