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12940 Northwest 27th Avenue...

Updated May 12, 2025

Bilt advertisement
Ryan Hanks Acquires Automotive Property In Opa Locka, FL From David Cloran For $3.8M
SOLDOther

Ryan Hanks Acquires Automotive Property In Opa Locka, FL From David Cloran For $3.8M

12940 Northwest 27th Avenue, Opa Locka, Florida 33054, United States

$3,800,000

$3,714/SF

Building Size

1,023 SF

Asset Type

Other

Closing

Apr 25, 2022

About this deal

AI

A automotive property located at 12940 NW 27th Ave in Opa Locka, FL has been sold for $3,800,000. The property spans across 1,023 square feet and was sold at a price per square foot of $3,715.

Summary of transaction details

  • Property Type: Automotive
  • Transaction Amount: $3,800,000
  • Address: 12940 NW 27th Ave, Opa Locka, FL
  • Square Footage: 1,023
  • Price per Square Foot: $3,715
  • Market: Opa Locka, FL

Ryan Hanks has bought the property from David Cloran for the aforementioned price.

The other sale at 12940 Northwest 27th Avenue, Opa Locka, Florida 33054, United States in Opa Locka, Florida sold for $3.8M in 2022. The building is 1,023 square feet, implying about 3.7K per square foot on the published price. Named participants on the 12940 Northwest 27th Avenue, Opa Locka, Florida 33054, United States sale are Ryan Hanks. This page is the Opa Locka, Florida file for the 12940 Northwest 27th Avenue, Opa Locka, Florida 33054, United States other sold: pricing, party profiles, and other closed other comps from the same Opa Locka sit in the Market section below. Filter that Opa Locka other set by closing date to see what else sold near 12940 Northwest 27th Avenue, Opa Locka, Florida 33054, United States around 2022. Published consideration for 12940 Northwest 27th Avenue, Opa Locka, Florida 33054, United States is $3.8M, dated 2022. Cite this Ryan Hanks Acquires Automotive Property In Opa Locka, FL From David Cloran For $3.8M sale when underwriting similar other product around Opa Locka, Florida.

Players

Ryan Hanks

Madison Capital Group

Broker

$284.2M

vol

7 deals

Broker

Ryan Hanks

Buyer

$284.2M

vol

7 deals

Buyer

Opa Locka Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $3.7K per square foot on a published $3.8M for 1,023 square feet (2022).

Visit Ryan Hanks to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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