Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    823 NE 125th St North Miami, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available for lease in North Miami, Florida.

    Type:RETAIL
    Property size:
    1,350 SF
    Lot size:
    0.12 Acres
    Added:
    Mar 27, 2025
    Days on Market:
    395
    Last Refresh:
    Apr 5 at 11:05 pm

    Property Features for 823 NE 125th St

    General Information

    Standard status
    Active
    Size
    1,350 SF
    Lot size
    0.12 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 823 NE 125th St Contact us

    We can help!

    Listing Contact
    Hector Gutierrez

    Listing agent Hector Gutierrez

    Listing office IMC Equity Group

    Listing date Mar 27, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of IMC Equity Group

    Overview

    Retail Space in North Miami

    The Taft Retail Center is a one-story strip retail center constructed of concrete block and stucco. Built in 1948 and 1985, the structure is reported to be in good condition. The building has a rectangular shape and a total area of 21,600 square feet. The property is on grade, with all utilities available. The available retail space is 1,350 square feet.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1687
    Latitude
    25.892

    Nearby Similar for Lease

    • $5,500/Mo

      Remodeled Turn-Key North Miami Office

      Brand new, remodeled open space office in North Miami.
      12550 Biscayne Blvd, North Miami, FL 33181
      View Details
    • $2,999/Mo

      North Miami Retail Space Available

      Retail, office, or showroom space in high-traffic area.
      13639 W Dixie Hwy, North Miami, FL 33161
      View Details
    • $8,000/Mo

      North Miami Retail Sublease Opportunity

      Medical office sublease in a Publix-anchored shopping center.
      12890 Biscayne Blvd, North Miami, FL 33181
      View Details
    • $400/Mo

      North Miami Office Space Available

      Multi-unit office space with 24-hour security, off Biscayne Blvd.
      13499 Biscayne Blvd, North Miami, FL 33181
      View Details
    • Sponsored
      Contact for pricing

      Causeway Square

      1801 123Rd St, Unit 314, North Miami, FL 33181
      View Details
    • Contact for pricing

      Mixed-Use Building in North Miami

      Retail and office spaces for lease in North Miami.
      950 Northeast 124th Street, North Miami, FL, 33161
      View Details
    • Contact for pricing

      Retail Center on SR-922

      Retail center with high traffic frontage in North Miami.
      859 Ne 125th St, North Miami, FL
      View Details
    • Contact for pricing

      Versatile Warehouse and Storage Options

      Multiple warehouse and storage spaces available near major thoroughfares.
      12144 Northeast 14th Avenue, North Miami, FL, 33161
      View Details
    • $300/Mo

      North Miami Office/Medical Space

      Newly renovated commercial space in high-traffic North Miami location.
      12700 W Dixie Hwy, North Miami, FL 33161
      View Details
    • Contact for pricing

      North Miami Flex/Industrial Space

      Flex/industrial space available for rent in North Miami.
      1925-1996 NE 149th St, North Miami, FL
      View Details
    • Contact for pricing

      North Miami Retail/Office Space

      Located in the heart of North Miami on busy 125th.
      927-955 NE 125th St, North Miami, FL
      View Details
    • $24 SF/Yr

      North Miami Retail Space Available

      Versatile retail space in a high-traffic North Miami neighborhood.
      12208 NW 7th Ave, North Miami, FL
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail space available for lease in North Miami, Florida.
    Where is this strip mall located?
    The property is located at 823 NE 125th St North Miami, FL.
    What are key features of this property?
    This property features: 21,600 Sq Ft Retail Center; Good Condition; One Story, Detached Structure
    (305) 893-9955 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Hector Gutierrez
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!