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Industrial Property Sale in Opa Locka, Miami at 14310 NW 24th Ave for $918,000
Successful Sale of 14310 NW 24th Ave in Opa Locka.
In a remarkable close to the month, our brokerage successfully facilitated the sale of the industrial property located at 14310 NW 24th Ave, nestled in the vibrant neighborhood of Opa Locka, Miami.
Sale Overview
This transaction, led by our team leader Christian N. Peter II CCIM, underscores our commitment to excellence and precision in the commercial real estate sector. Dark Horse Commercial represented the Seller and found the buyer for this transaction. The property, known for its strategic location and robust industrial capabilities, was sold for an impressive $918,000.
Sale Price: $918,000
Address: 14310 NW 24th Ave, Opa Locka, Miami
Asset Class: Industrial
Price per Square Foot: $45.67
Building Specifications
Originally built in 1970, this industrial gem boasts a single-story structure, offering a sprawling 20,845 square feet of total rentable space on a 1.097-acre lot. Its expansive layout is perfectly suited for a variety of industrial applications, underscoring its market appeal.
Proximity to major transportation routes, enhancing logistical convenience.
Situated in Opa Locka, a burgeoning hub for industrial growth.
Easy access to Miami's extensive network of suppliers and distributors.
Location Benefits
Opa Locka is renowned for its industrial prowess, making it a sought-after locale for businesses seeking growth and connectivity. The neighborhood is bustling with opportunities, surrounded by notable businesses and just a stone's throw from key transportation links such as the Opa Locka Executive Airport and major highways.
Close to: Opa Locka Executive Airport, providing logistical advantages.
Transportation: Easy access to major highways for efficient distribution.
Nearby Attractions: A thriving industrial community and business environment.
Sale Details
This transaction marks another milestone, with the property transacting at a competitive $45.67 per square foot. The buyer, Michael Spetko eager to tap into Opa Locka's industrial potential, saw the value in the property's strategic location and robust structural features.
Full Price: $918,000
Buyer: 14310 NW 24 Ave LLC
Seller: TSC 14310 LLC
Lot Size: 36,117 SF
Building Size: 20,845 SF
Market Analysis
The sale of 14310 NW 24th Ave aligns with current market trends, where industrial spaces in Miami are in high demand. This transaction highlights the attractiveness of Opa Locka as a hub for industrial growth, driven by its strategic location and accessibility.
Key Trend: Rising demand for industrial spaces in Miami.
Significance: Enhancing the area's reputation as a viable business hub.
Expertise: Our brokerage's role in navigating market complexities.
Conclusion
The successful sale of this property underscores its key selling points: strategic location, expansive industrial capabilities, and alignment with market trends. Our brokerage proudly facilitated this transaction, leveraging our market expertise to deliver exceptional results for our clients.
For inquiries or further information, please contact our office.
Christian Peter
Founder of Dark Horse Commercial Real Estate, a Miami-based firm specializing in income-generating commercial properties.
With 20+ years in the business, he’s helped clients buy, sell, and invest across Industrial, Multi-Family, Retail, and Office assets.
Assistance Hours
Mon – Fri 9:00am – 5:00pm
Phone Number:
(305) 987-3053
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Mon – Fri 9:00am – 4:00pm
Phone Number:
(305) 987-3053
