The Real Commercial Property at the Address 12800 NW 38 Ave, Opa-locka, FL 33054 Reportedly Traded On March 07, 2019

This is a news story only, not a listing.

It has been officially reported that the property located at 12800 NW 38 Ave in Opa-locka within zip code 33054 and with the folio number 08-1290-010-0070 sold on March 07, 2019. The sale type was recorded as "Forced sale; under duress; foreclosure prevention." Selling prices of properties as recorded at the property appraiser frequently do not represent the whole story; thus full transaction details should be confirmed with the parties. Specific information about the buyer and seller in this transaction may be found by navigating to our property appraiser links for this property, clicking through on the link to "Main Page with Lot Outline, Aerial Views," then clicking through on the applicable sale on the date March 07, 2019 and with an amount of $4,500,000.00 about two thirds down the page, under the heading "Sales Information."

When considering this 12800 NW 38 Ave property sale one should consider other properties within its zip code 33054, some of which are currently for sale in this same zip code, as well as off-market listings in the area. Information on prior sales of area properties as well as current listings can be useful to gauge area pricing, but are not perfectly reliable. Current zip code 33054 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33054 Commercial Property Investment Profile page, displaying metrics on sales trends, turnover, and more.

It can also prove insightful to view other commercial property holdings of and other information related to the property's recent ownership . Finally, a review of nearby businesses and resources and area traffic levels can be insightful, allowing the prospective buyer to quickly get a feel for area commerce and resources.

A birdseye view of the property is displayed above and a street map of the location is below. Additional information on this property, including other sales transactions amounts and links directly to pages for this property at the Miami-Dade County Property Appraiser website, can be found at this site's information page for this property. Note that the above birdseye aerial view and map herein were generated using the address recorded with the county property appraiser for the folio entered for this listing and that they are provided on a best efforts basis only and are not guaranteed.

Update: This 12800 NW 38 Ave property in Opa-locka within the zip code 33054 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 50,151 adjusted square feet of building that was built in 1990 showing an effective year built (also) of 1990. This 50,151 building adjusted square footage sets it in the 50,000 to 60,000 square feet range. Having 104,544 square feet of lot, one would generally place it in a 100,000 to 125,000 square feet (lot size) range. Further, again on a date after the sale, the property is referenced by Miami-Dade county as zoned 7400 - INDUSTRIAL - INDUSTRIAL P with a land use of 4132 - LIGHT MANUFACTURING : LIGHT MFG & FOOD PROCESSING. This Miami-Dade reference for zoning is believed to translate into I-3 zoning in Opa-locka, Florida, information about which may be found here. Any such (I-3 zoned properties) in may be found here. Note that since this was reported subsequent to the sale, it is possible these were different at the time of the sale. Also, commercial properties have been listed for sale near this one, including 0000 ali baba ave, 1201 Opa Locka Blvd, 1219 Sharazad Blvd, 1230 Opa Locka Blvd, 12705 Cairo Ln, 13091 NW 43rd Ave, 13240 Port Said Rd, 1331 Sharazad Blvd, 13400 Alexandria Dr, 13720 NW 22nd Ave, 14441 NW 27th Ave, 14566 NW 22nd Ave, 15015 NW 22 Ave, 16525 NW 27th Ave, 2070 Ali Baba Ave, 22 ave, 240 Bahman Ave, 2570 NW 152nd Ter, 3699 NW 135th St, 620 Opa Locka Blvd, ali baba ave, E. Bunche Park Dr, JANN AVE, NW 27th AVE, and others.