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KEY BAY CAPITAL

Investor Room

Pipeline and parcel diligence

15015 NW 22nd Ave Commercial Land site preview

Opa-Locka

15015 NW 22nd Ave Commercial Land

15015 NW 22nd Ave, Opa-locka, FL 33054

Public folio mask: 30-3022-***-0890

Image: LandSearch / New Capital Realty

Under Screen

Ask

$450K

Broker

Acreage

0.27 acres

Broker

Land basis

$38.26 / SF

Diligence score

6.9 / 10

Underwriting notes

Small but real public listing with an actual street-facing land image. Works as an optionality screen, not a flagship campus parcel.

Open original listing

Fit to Corridor Memo

Supported exit

$55.46 / SF

Spread to corridor exit

$17.20 / SF

Current zoning

6600 Commercial

Target zoning

Commercial / mixed-use

This screen inherits the corridor-level power, cap-rate and rack-rate assumptions from the corridor memo. It is not presented as a parcel-specific appraisal or utility commitment.

Open full corridor memo

Execution Checklist

1. Verify zoning path

Confirm whether the site clears today under 6600 Commercial or needs a conversion into Commercial / mixed-use.

2. Request utility letter

Corridor assumptions are only a screen. No IC committee should rely on them without a parcel-specific utility response.

3. Environmental gate

Run Phase I before hard pursuit on any non-core parcel, especially in Opa-Locka or conversion-heavy Medley screens.

Source Stack

Performance Food Group Buys 3.53-Acre Opa-Locka Site for $8.53M

Traded2025-03-07

Broker

Opa-Locka industrial land comp. Derived basis equals $55.46/SF on 3.53 acres.

Open source

North America Data Center Trends H2 2025

CBRE Research2026-02-26

Verified

Primary-market average asking rate increased to $195.94/kW/month. Sites with power access inside 18-36 months are highly sought after. Powered sites in Northern Virginia and the Northeast exceeded $8 million per acre.

Open source

Data center availability crisis deepens as vacancy hits historic low

JLL2025-08-22

Verified

JLL says North America inventory reached 15.5 GW in H1 2025 and average asset-level cap rates held around 6%.

Open source

Corridor Capacity Screen Assumptions

Key Bay Capital2026-03-31

Assumption

Medley and Opa-Locka lack publicly disclosed corridor-level capacity letters. Capacity ranges shown are screening estimates only and should be replaced with utility will-serve letters at LOI.

Open source

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