14566 22nd Ave, Opa Locka, FL 33054-3715
This exceptional 7,344-square-foot retail property, located at 14566 NW 22nd Ave in Opa-locka, Florida, presents a compelling investment and development opportunity. Currently vacant, this single-story, 1950-built building sits on a spacious 17,811-square-foot lot and offers ample parking with 20 spaces. Priced at $1,600,000 ($217.86/SF), the property boasts versatile B-2 zoning, allowing for a variety of retail uses, including fast food and grocery stores. A mixed-use zoning overlay further enhances its potential, permitting up to 150 dwelling units per acre and up to eight stories, making it ideal for developers seeking to capitalize on the area's growth within the Urban Development Boundary. The property's prime location ensures high visibility and accessibility, making it an attractive proposition for owner-users and investors alike. The anticipated occupancy date is November 1, 2024. This is a 100% ownership opportunity. The property is for sale by owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6600:COMMERCIAL,LIBERAL · Opa Locka, FLOpa Locka. Always verify with local authorities before improvements.
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.