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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13630 120th St Miami, FL 33186-7389

    • Community centers
    • 117,395 SF
    • 21.99 lot acres
    OFF-MARKET
    Value Estimations
    $2,045,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3917264
    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.

    Current Use by Public Records

    • Ashes Cigar And Lounge / Cigar Shop / Bar
    • Famous Footwear / Shoe Store
    • Gold and Carat Exchange - London Square / Gold Dealer / Jewelry Appraiser
    • Sally Beauty / Beauty Supply Store / Barber Supply Store
    • Subway / Restaurant / Fast Food Restaurant

    Property Details for 13630 120th St

    Year built
    2008
    Lot size
    21.99 lot acres
    Property size
    117,395 SF
    Zone code
    6200:COMMERCIAL,ARTERIAL
    Property type
    Community centers
    APN
    30-5914-127-0010
    APU
    3059141270010

    Description

    This exceptional retail property, located at 13630 SW 120th St in Miami, Florida (zip code 33186), offers a prime opportunity for businesses seeking space in the thriving West Kendall market. The property, known as London Square, is a community center totaling 299,182 square feet and currently features multiple tenancies. There are 6,115 square feet of vacant space available, divisible into units ranging from a minimum of 3,020 square feet to a maximum contiguous space of 3,095 square feet. The property's strategic location at the intersection of SW 137th Ave and SW 120th St, just 1.5 miles west of the Florida Turnpike, ensures high visibility and convenient access for customers. This makes it an ideal location for a variety of retail businesses seeking exposure to a significant consumer base. The property is situated in Miami-Dade County and offers a unique chance to establish or expand a retail presence in a dynamic and growing area. Interested parties should inquire about available unit sizes and lease terms. The property's size and layout provide flexibility for various retail concepts.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $2,045,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.4144
    Latitude
    25.6544
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $953,428
    $19,446,916
    $38,549,084
    $57,996,000
    -
    $19,446,916
    $38,549,084
    $57,996,000

    Comparable in this City

    • Value Estimation
      $1,640,000
      16,651 SF

      11700 104th St

      MINI-MALL • 16,651 SF
      11700 104th St, Miami, FL 33186-3601
      View Details
    • Value Estimation
      $1,550,000
      88,038 SF

      12100 127th Ave

      MINI-MALL • 88,038 SF
      12100 127th Ave, Miami, FL 33186-4663
      View Details
    • Value Estimation by Request
      293,001 SF

      137Th Ave

      Lifestyle centers • 293,001 SF
      0 137Th Ave, Miami, FL 33186
      View Details
    • Value Estimation
      $1,820,000
      84,426 SF

      12502 88th St

      MINI-MALL • 84,426 SF
      12502 88th St, Miami, FL 33186-1817
      View Details
    • Value Estimation
      $1,695,000
      116,289 SF

      14601 104th St

      MINI-MALL • 116,289 SF
      14601 104th St, Miami, FL 33186-2905
      View Details
    • Value Estimation
      $1,590,000
      35,431 SF

      12014 88th St

      MINI-MALL • 35,431 SF
      12014 88th St, Miami, FL 33186-2002
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      293,001 SF

      Kendale Lakes Plaza Retail Space

      Prime Miami Retail Space Available
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      3,193 SF

      Retail and Office Space Available

      Multi-use property with retail and office spaces for lease.
      13440 SW 120Th St, Miami, FL 33186
      View Details
    • Contact for pricing
      8,690 SF

      Kendale Lakes Plaza Retail Space

      Retail space available in a 293,001 square foot shopping center.
      13835 Sw 88Th St, Miami, FL 33186
      View Details
    • Contact for pricing
      900 SF

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      Recently renovated retail space in a grocery-anchored shopping center.
      12528-12690 SW 88Th St, Miami, FL 33186
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    • Contact for pricing

      West Kendall Retail and Office

      Multi-use property with retail and office space available for lease.
      13630 120Th St, Miami, FL 33186
      View Details
    • $35 SF/Yr
      2,304 SF

      Retail Space in Kendall Shopping Center

      Retail space available in a popular Kendall shopping center.
      13550-13750 SW 120Th St, Miami, FL 33186
      View Details
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    Miami, FL 33186-7389
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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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