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    Property profile & analytics
    OFF-MARKET Estimated value $550,000
    Outlet malls

    2196 Ali Baba Ave, Opa Locka, FL 33054-2842

    778 SF 0.35 ac lot Built 1946
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US18-1585384
    Property summary
    AI-generated overview

    This exceptional 1,323 square foot retail space is located at 2196 Ali Baba Ave in Opa-locka, Florida, 33054. The property is a single-tenant unit within a building containing only one suite, offering complete autonomy and control. Its zoning classification is 6300. The APN is 08-21-22-003-1960. Situated on a prominent corner lot, this retail space boasts high visibility and significant foot traffic, making it ideal for a variety of businesses. The high exposure ensures maximum brand recognition and customer reach. The flexible space is suitable for a wide range of uses, from retail establishments and restaurants to professional service providers. The property presents endless possibilities for entrepreneurs seeking a prime location to establish or expand their business. This is a fantastic opportunity to secure a well-positioned retail space in a thriving community. The property's location offers easy access to major transportation routes and ample parking, ensuring convenient access for both customers and employees. Don't miss this chance to lease this exceptional retail space.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 1946
    Construction CONCRETE
    Total area 778 SF
    Lot 0.35 ac (15,231 SF)
    Zoning code 6300:COMMERCIAL,RESTRICT
    APN 08-2122-003-1960
    UPID US18-1585384
    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
    • Times Square Inn Hotel & Motel
    • Ali Baba Ave Apartment Complex
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $685k
    CAP Approach CAP
    $390k
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $550k
    Owner & transaction history
    Amara Construction Group LLC · 5 yrs held
    Amara Construction Group LLC
    since 2020
    Last sale
    $503,000
    1 recorded transaction
    2020
    $503,000
    Zoning & alternative use
    6300:COMMERCIAL,RESTRICT · Opa Locka, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $575,000 +29.2%
    Office building $530,000 +19.2%
    Auto repair, garage $510,000 +14.3%
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