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Property profile & analytics
FOR SALE
Banks

12610 SW 120Th St Miami, FL 33186

4,465 SF 0.2 ac lot Built 2006
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US18-5751038
Property summary
AI-generated overview

This exceptional investment opportunity presents a 4,280-square-foot special purpose property located at 12610 SW 120th St, Miami, FL 33186, within the thriving South Kendall Square shopping center in Miami-Dade County. Built in 2006, this pad site sits on an 8,540-square-foot lot and benefits from its strategic placement in a densely populated area, boasting over 200,000 residents within a three-mile radius. The property is currently occupied by a Chase Bank branch, which has maintained a consistent presence since 2005. This long-term tenant demonstrates the property's stability and desirability. The high annual deposits exceeding $180 million underscore the significant financial performance of this location. The property's strong tenant and prime location within a shopping center anchored by Walgreens and Starbucks make this a compelling investment opportunity, priced at $4,000,000. This is a rare chance to acquire a well-established, high-performing asset in a rapidly growing Miami submarket. The property's size and location offer significant potential for long-term appreciation and stable cash flow.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2006
Total area 4,465 SF
Lot 0.2 ac (8,538 SF)
Zoning code 6200:COMMERCIAL,ARTERIAL
APN 30-5913-028-0016
UPID US18-5751038
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • SOUTH KENDALL SQUARE Shopping Center & Mall
  • Chase Mortgage Loan Service Bank
  • Chase Bank Bank Loan Service
  • Chase ATM Atm
  • Armor Self Storage Unit Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ajo One Investments LLC · 4 yrs held
Ajo One Investments LLC
since 2021
1 recorded transaction
2021
$4.0M
Zoning & alternative use
6200:COMMERCIAL,ARTERIAL · Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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