Technical
Financial
Distress signals
Property profile

12610 SW 120Th St Miami, FL 33186

FOR SALE
Banks
Property ID
US18-5751038
4,465 SF 0.2 ac lot Built 2006
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Shopping Center & Mall
  • Loan Service Bank
  • Bank Loan Service
  • Atm
  • Storage Facility

Location

12610 SW 120Th St Miami, FL 33186
Miami metro Census 19402 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$500k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2021
1 recorded transaction
2021
$4.0M

Zoning & alternative use

6200:COMMERCIAL,ARTERIAL · Miami, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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