Opa-Locka

Opa-Locka Airport Periphery - 12 Acres

NW 135th St area, Opa-Locka, FL

Public folio mask: 08-2118-***-0100

Under Screen

Ask

$4.8M

◉Broker

Acreage

12.00 acres

△Estimated

Land basis

$9.18 / SF

Diligence score

5.0 / 10

Underwriting notes

Cheap basis with material environmental risk. Keep it in the stack only with a disciplined diligence gate.

Fit to Corridor Memo

Supported exit

$55.46 / SF

Spread to corridor exit

$46.28 / SF

Current zoning

Target zoning

IU-1

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 GU or needs a conversion into IU-1.

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

Traded • 2025-03-07

◉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 Research • 2026-02-26

✓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

JLL • 2025-08-22

✓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 Capital • 2026-03-31

≈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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Opa-Locka Airport Periphery - 12 Acres