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Investment Highlights

  • Leased, income-producing covered land: 5% cap at $6,500,000 on an NNN lease with annual escalations
  • ±8,500 SF improvements: ±3,500 SF two-story office + ±5,000 SF 5-bay warehouse
  • Rare 2.43± AC Heavy Industrial parcel in infill Opa-locka—scarce multi-acre heavy manufacturing zoning

Executive Summary

Newly leased, income-producing covered land on a scarce 2.43± AC Heavy Industrial site in Opa-locka, delivering immediate cash flow (5.00% cap at $6,500,000) and long-term land value in a rapidly tightening infill corridor. Improvements total ±8,500 SF (±3,500 SF two-story office + ±5,000 SF 5-bay warehouse). The site is fully paved and gated with a security camera system, wide truck circulation, and two existing truck scales/weigh stations. Heavy Industrial zoning supports true manufacturing and also accommodates lighter, yard-intensive uses such as outside storage. NNN lease with annual escalations and minimal landlord responsibilities—an ideal covered-land hold with multiple paths for future expansion or redevelopment.

Property Facts

Price $6,500,000
Price Per SF $768.32
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.43 AC
Rentable Building Area 8,460 SF
No. Stories 1
Year Built 1987
Tenancy Single
Parking Ratio 1.89/1,000 SF
Zoning I-2A - Zoned I-4 permitting heavy and intensive industrial uses including outdoor storage and truck parking

Amenities

  • Fenced Lot

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
08-2128-003-0530
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,795,754
  • Listing ID: 31667217

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 12705 Cairo Ln, Opa-locka, FL 33054

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