14935 27Th AveOpa-locka, FL 33054

Property Details for 14935 27Th Ave

Year built

1968

Construction

CONCRETE

Lot size

0.99 AC

Property size (Sq ft)

25,380 SF

Zone code

7100:INDUSTRIAL,LIGHT MFG

Property type

Warehouses

APN

08-2122-025-0560

APU

821220250560

Description

This exceptional single-tenant warehouse, located at 14935 NW 27th Ave in Opa Locka, offers 8,000 square feet of versatile space ideal for manufacturing or distribution. The property boasts a 380-square-foot office area with one bathroom, providing ample administrative space. The warehouse itself features a generous clear height of 17' 9" and a maximum ceiling height of 19' 6", maximizing storage and operational efficiency. Loading and unloading are facilitated by a 10' wide by 10' high exterior loading dock. Ample parking is available with eight car spaces and one trailer space. The property is zoned 7100 and sits on a highly desirable street in Opa Locka. The building benefits from a robust 400-amp electrical capacity, perfectly suited for power-intensive operations. The lease term is flexible, ranging from three to five years, with an annual rent of $15.00 per square foot plus sales tax (price negotiable). This property presents a unique opportunity to secure a well-located, functional warehouse in a thriving area. The APN is 08-21-22-025-0560. The total building size is 25,380 square feet, with this 8,000 square foot section available for lease. This is a single-story building with one suite.

• CAP approach

  CAP return

  Valuation

  6%

  $15,323,200

  6.5%

  $14,144,500

  7%

  $13,134,200

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,727,350

  Geo Method

  $5,727,350

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $7,237,050

  Mixed-Use / Specialty

  $7,198,490

  Hospitality / Lodging

  $5,264,680

  Office

  $7,142,430

  Institutional / Educational

  $7,478,960

  Residential Income

  $8,750,380

  Multifamily

  $10,565,500

  Automotive / Energy

  $6,410,540

  Parking / Income-Based Land

  $2,224,810

  Restaurant / Food Service

  $3,716,750

  Healthcare / Senior Housing

  $7,395,000

Location Insight

City

Opa Locka

County

Miami-dade

State

Florida

Latitude

25.9102

Longitude

-80.2435

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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