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    12260 8Th St Miami, FL 33184
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    Property profile & analytics

    12260 8Th St Miami, FL 33184

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    • Commercial real estate
    Off-Market
    Property ID
    US18-1621163
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Progressive / Financial Advisor / Insurance Agency
    • Dental Blush Tamiami FL / Dental Office
    • M & M Family Insurance LTD / Insurance Agency
    • Orly's Barber Shop / Barber Shop
    • Florida DUI Lawyer - The Ticket Clinic / Law Firm

    Property Details for 12260 8Th St

    Year built
    1982
    Property type
    Commercial real estate

    Description

    This exceptional executive office suite, ideally located at 12260 SW 8th St in Miami, Florida, presents a fantastic investment opportunity. Built in 1982, this property is priced at $99,000 and offers a turnkey solution for business owners. The property is classified as an executive office and is situated in the vibrant Miami-Dade County, zip code 33184. Its convenient location offers easy access to various amenities and transportation networks within the Miami metropolitan area. The property's precise coordinates are 25.7604721 latitude and -80.3944151 longitude. Prospective buyers should note that establishing a new corporation or business entity is a requirement for licensing and operational purposes. This is a perfect opportunity for entrepreneurs seeking a well-positioned, established office space to launch or expand their business. The property's size and specific features are not detailed in the provided information, but the asking price reflects a competitive market value for a turnkey executive office in this desirable Miami location. Serious inquiries are encouraged to explore this promising investment opportunity further. This is a freehold property, and the sale includes the building itself. Further due diligence is recommended to confirm all aspects of the property's suitability for the intended business use.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.3944151
    Latitude
    25.7604721

    Comparable in this City

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      Retail Property For Sale

      Retail property available for purchase in Miami, Florida.
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      Miami Retail Business Opportunity

      Established Miami retail business specializing in special-occasion dresses.
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      Established Pet Grooming Business Opportunity

      Turnkey pet grooming business with loyal clientele in Miami.
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      Turn-Key Insurance Business Opportunity

      Insurance franchise with pre-approved licensing, permits, and carrier appointments.
      Insurance Franchise, Miami, FL 33184
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    • $288,000
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      Miami Office/Apartment Building

      800 SF, $288K, Prime Location
      957 122Nd Ave, Miami, FL 33184
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    • $250,000

      Established Pet Grooming Business Opportunity

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      1,600 SF

      Established Argentinian & Italian Restaurant

      Family-operated restaurant near FIU, serving since 1999.
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      Established Beauty Salon For Sale

      Thriving beauty salon in a high-traffic Miami shopping plaza.
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      Office Unit For Rent

      Office unit with build-to-suit space and prime location.
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    • $2,500 /Mo

      Miami Office Space For Rent

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      61,523 SF

      New Construction Industrial Space Available

      New construction industrial space for lease in multi-purpose Class A park.
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      1,540 SF

      Retail Space in High-Traffic Area

      Retail space available in a busy Miami shopping center.
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      Retail Space in West Miami

      Shopping center anchored by Publix on SW 8th Street.
      13850 SW 8Th St, Miami, FL 33184
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    • Contact for pricing
      900 SF

      Retail Space in High-Traffic Area

      Retail space in a busy shopping center anchored by Publix.
      13740 SW 8Th St, Miami, FL 33184
      View Details
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    Miami, FL 33184
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    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
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