Opa-locka, Florida Commercial Real Estate 1 Listing

Opa-locka, Florida: A Premier Destination for Commercial Real Estate

Introduction

Opa-locka, Florida, is emerging as a significant player in the commercial real estate (CRE) market due to its strategic location, diverse economy, and robust infrastructure. Known for its unique architectural style and rich history, the city covers approximately 4.2 square miles and serves as a hub for various industries, including logistics, aerospace, and manufacturing. Its proximity to major transportation networks and economic initiatives makes Opa-locka an attractive destination for commercial real estate investments.

Economic and Industry Overview

Opa-locka is home to several burgeoning industries that fuel the demand for commercial properties. The city's economy is largely driven by:

Aerospace and Defense: With its close proximity to Miami-Opa Locka Executive Airport, the city hosts numerous aerospace companies that require industrial and office spaces.
Logistics and Distribution: Opa-locka's strategic location near major highways makes it ideal for logistics firms, driving demand for warehouse and distribution facilities.
Manufacturing: The city supports a range of manufacturing operations, contributing to the need for industrial properties.

Opa-locka benefits from regional economic development initiatives aimed at enhancing infrastructure and attracting new businesses. The Beacon Council plays a pivotal role in these efforts.

Strategic Location and Transportation Infrastructure

Opa-locka's location provides significant logistical advantages:

Highways: The city is accessible via major highways, including I-95 and the Palmetto Expressway (SR 826), enhancing connectivity to regional markets.
Airports: Proximity to Miami-Opa Locka Executive Airport and Miami International Airport facilitates ease of transport for goods and personnel.
Ports: The Port of Miami, a crucial trade gateway, is located nearby, offering vital shipping connections.

These transportation networks provide excellent distribution capabilities, access to skilled labor pools, and proximity to coastal markets. For more information, visit the Florida Department of Transportation website.

Commercial Real Estate Inventory & Zoning

Opa-locka's commercial real estate landscape includes several key submarkets:

Central Business District (CBD): A mix of office spaces and retail properties.
Industrial Corridors: Areas dedicated to warehouse and distribution facilities.
Innovation Districts: Zones designed to foster tech and research development.

The city has implemented zoning changes to encourage development, with incentives for developers in designated areas. For zoning maps and detailed information, visit the City of Opa-locka Zoning Department.

Major Employers and Institutions

Significant employers and institutions in Opa-locka include:

Aerospace and Defense Firms: Companies such as Lockheed Martin have operations in the area.
Government Centers: Local government services that contribute to the area's employment base.
Educational Institutions: Nearby universities and colleges that drive demand for office and retail spaces.

For more details, explore the Opa-locka Economic Development Corporation.

Notable Commercial Developments & Projects

Opa-locka is witnessing several large-scale commercial developments, including:

Mixed-Use Projects: Developments combining residential, retail, and office spaces.
Opportunity Zones: Areas identified for economic revitalization with tax incentives for investors.

Public-private partnerships play a key role in these projects. Visit the Opa-locka Planning Department for project maps and updates.

Building Permits, Planning, and Development Tools

For developers and investors, Opa-locka provides several resources:

These tools facilitate efficient navigation through the city's development processes.

Market Data & Economic Reports

Opa-locka offers access to various public data sets, including those from census.gov and the city's open data portal. Brevitas enhances this data with AI-powered aggregation, providing comprehensive market insights. Explore Brevitas-powered dashboards for Opa-locka CRE insights.

Why Use Brevitas for Opa-locka, Florida CRE?

Brevitas offers cutting-edge tools for CRE professionals in Opa-locka:

AI-Driven Discovery: Streamlines property searches and matches.
Real-Time Market Alerts: Keeps you informed about new opportunities.
Smart Property Pages: Provides detailed property information.
Dealroom Collaboration: Facilitates seamless transaction processes.

Unique features include auto-generated listing pages, email and landing page tools, and integration with brokers and developers. With exclusive listings and premium exposure, Brevitas is the go-to marketplace for Opa-locka commercial real estate.