Bulk Small-Bay Condo Opportunity: 15 of 22 Warehouse… — Sale in Opa-Locka, FL

Price: Contact for price
Listing type: For sale
Asset type: Industrial Property
Location: Opa-Locka, FL 33054
Submarket: North Central Dade
Year built: 1971

Photos

Bulk Small-Bay Condo Opportunity: 15 of 22 Warehouse… — Sale in Opa-Locka, FL, photo 1 of 2

Bulk Small-Bay Condo Opportunity: 15 of 22 Warehouse… — Sale in Opa-Locka, FL, photo 2 of 2

Investment Figures

Cap rate: 3.91%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present for sale 15 small-bay warehouse condominium units located in Opa-locka, Florida. The opportunity presents a prime acquisition opportunity within Miami-Dade County’s highly competitive industrial market. Spanning approximately 22,842 rentable square feet, this small-bay industrial asset perfectly positions an investor or owner-user to capitalize on South Florida's critical shortage of flexible, small-bay spaces. Positioned directly on the heavily trafficked NW 27th Avenue corridor, the property offers exceptional logistical efficiency. Located less than one mile south of the Palmetto Expressway (SR 826), providing swift connections to Interstate 95, Florida's Turnpike, and the Golden Glades Interchange. The asset features rapid proximity to the Opa-locka Executive Airport and Miami International Airport, enabling seamless local and international supply chain distribution. Operating under Miami-Dade County’s flexible Light Industrial zoning framework, the property accommodates intensive commercial uses ranging from wholesaling and assembly to specialized automotive and mechanical services. The Opa-locka and greater Miami Gardens industrial corridors are undergoing a massive wave of capital infill. As neighboring parcels transform into institutional-grade logistics facilities and modern multi-million-dollar flex complexes, the underlying land value floor for surrounding properties continues to rise. Bound by tight geographical constraints and strict zoning barriers, this asset is strongly positioned for long-term capital appreciation and compounding rental growth. Investment Highlights: • Product Scarcity: Small-bay industrial properties are in critically short supply across Miami-Dade County. • Tenant Versatility: Small-bay properties easily accommodate e-commerce distributors, local service providers, trade contractors, or light manufacturing tenants. • Lower Vacancy Risk: Small-bay spaces sustain exceptionally high occupancy

Market Context

This industrial in Opa-Locka, FL is listed for sale. It is offered at an approximate 3.9% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1971. Compare it against other industrial listings for sale in Opa-Locka, FL — view the full market.

As of Q2 2026, the Miami industrial market showed a 6.4% vacancy rate, and average asking rents near $15.91/SF/yr. Source: multiple brokerage reports, Q2 2026.

Industrial market FAQ

Is the Miami industrial market tightening or softening?: Vacancy is around 6.4% (Q2 2026).

Estimated Price per SF

$108.40/SF – $788.38/SF

Mid: $328.49/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.