Property profile

4570 128th St Opa Locka, FL 33054

OFF-MARKET
Manufacturing properties
Property ID
US18-4573059
40,068 SF 2.04 ac lot Built 1972
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 39,515-square-foot warehouse, situated on a 2.04-acre lot in Opa-locka, Florida, presents a compelling investment opportunity. Built in 1972, this single-story industrial property boasts a 20-foot ceiling height, providing ample vertical space for storage and operations. The property features two loading docks and two drive-in doors, ensuring efficient loading and unloading of goods. Ample parking is available with 17 designated spaces. The warehouse also includes 3,359 square feet of dedicated office space, perfect for administrative functions. Located in Miami-Dade County at 4570 NW 128th St, Opa-Locka, FL 33054, this property benefits from excellent accessibility. It enjoys direct frontage on Gratigny Motorway, with Palmetto Expressway less than ten minutes away. The lease does not include building services, property taxes, or utilities. This single-tenant warehouse offers a unique blend of functionality and strategic location, making it an attractive option for businesses seeking efficient and well-situated industrial space. The property's size, features, and convenient access to major roadways make it a highly desirable asset in the thriving Miami-Dade County market.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1972
Construction CONCRETE
Total area 40,068 SF
Lot 2.04 ac (88,930 SF)
Zoning code 7400:INDUSTRIAL,IND PK
APN 08-2129-005-1420
UPID US18-4573059

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
  • Big Box & Wholesale Store

Location

4570 128th St Opa Locka, FL 33054-5128
Opa Locka metro Census 505 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.07M
CAP Approach CAP
$8.28M
Comparable Approach Comparable
$6.88M
Blend (final) Blend
$4.82M

Owner & transaction history

since 2023
Last sale
$7.2M
1 recorded transaction
2023
$7.2M

Zoning & alternative use

7400:INDUSTRIAL,IND PK · 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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