2196 Ali Baba AveOpa-locka, FL 33054

Property Details for 2196 Ali Baba Ave

Year built

1946

Construction

CONCRETE

Lot size

0.35 AC

Property size (Sq ft)

778 SF

Zone code

6300:COMMERCIAL,RESTRICT

Property type

Retail properties

Property subtype

Outlet malls

APN

08-2122-003-1960

APU

821220031960

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $307,649

  6.5%

  $283,984

  7%

  $263,699

• Comparable approach

  Method

  Valuation

  Relative Method

  $276,517

  Geo Method

  $276,517

• Alternative Use

  Use

  Valuation

  Residential

  $239,551

  Hospitality

  $219,427

  Educational

  $182,561

  Medical

  $188,840

  Retail

  $283,984

Location Insight

City

Opa Locka

County

Miami-dade

State

Florida

Latitude

25.9088

Longitude

-80.2357

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

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