Add Listing
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    450 125Th Ter North Miami, FL 33161

    • Outlet malls
    • 21,401 SF
    • 1.66 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-6103408
    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

    • Outlet malls

    Property Details for 450 125Th Ter

    Year built
    1958
    Construction
    CONCRETE
    Lot size
    1.66 lot acres
    Property size
    21,401 SF
    Zone code
    6000:COMMERCIAL,GENERAL
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    06-2230-037-0020
    APU
    622300370020

    Description

    This exceptional retail investment opportunity presents a 64,303-square-foot strip center located at 450 NE 125th St, North Miami, Florida, 33161, in Miami-Dade County. The property offers a flexible layout suitable for a variety of retail uses, with a minimum divisible space of 546 square feet and a maximum contiguous space of 14,250 square feet. Currently, a 14,250-square-foot parcel is vacant, presenting a significant opportunity for expansion or lease to a single, large tenant. The property's strategic location in North Miami provides excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and strong consumer demographics. The multiple tenancy structure allows for diverse income streams and a robust tenant mix. This well-maintained property offers a compelling investment opportunity in a thriving retail market. The property's address is easily accessible from major roadways, ensuring convenient access for both customers and employees. With its substantial size and flexible space options, this retail center is well-positioned for long-term growth and profitability. The property is situated in a dynamic area of North Miami, offering a strong potential for return on investment. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,894,000
      Market price range: $4.04M - $7.90M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,590,000
      Current use
      OFFICE BUILDING
      $6,975,000
      Change: +25% Conversion: Easy
      WAREHOUSE, STORAGE
      $6,365,000
      Change: +14% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $6,085,000
      Change: +9% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    North Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.1892
    Latitude
    25.8896
    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
    $51,912
    $3,606,400
    $10,000
    $3,616,400
    -
    $3,606,400
    $10,000
    $3,616,400

    Comparable in this City

    • Value Estimation
      $835,000
      3,334 SF

      1300 125th St

      WHOLESALE OUTLET, DISCOUNT STORE • 3,334 SF
      1300 125th St, North Miami, FL 33161-5938
      View Details
    • Value Estimation
      $1,400,000
      15,056 SF

      1450 123rd St

      WHOLESALE OUTLET, DISCOUNT STORE • 15,056 SF
      1450 123rd St, North Miami, FL 33161-6083
      View Details
    • Value Estimation
      $3,560,000
      15,360 SF

      14500 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 15,360 SF
      14500 Dixie Hwy, Miami, FL 33161-3031
      View Details
    • Value Estimation
      $2,040,000
      7,424 SF

      11099 Biscayne Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 7,424 SF
      11099 Biscayne Blvd, Miami, FL 33161-7478
      View Details
    • Value Estimation
      $1,365,000
      5,250 SF

      13033 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 5,250 SF
      13033 Dixie Hwy, North Miami, FL 33161-4951
      View Details
    • Value Estimation by Request
      4,688 SF

      13886 Dixie Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 4,688 SF
      13886 Dixie Hwy, North Miami, FL 33161-3343
      View Details

    Similar Nearby for Sale

    • New
      $2,000,000
      7,742 SF

      North Miami Retail Investment Opportunity

      Fully leased retail center with value-add potential in North Miami.
      12985 W Dixie Hwy, North Miami, FL 33161
      View Details
    • Contact for pricing

      Drive-Thru Ready Freestanding Building

      Freestanding building with drive-thru on high-traffic W Dixie Highway.
      14100 W Dixie Hwy, Miami, FL 33161
      View Details
    • Contact for pricing

      North Miami Drive-Thru Opportunity

      Vacant drive-thru with large parking lot in North Miami.
      900 NE 125Th St, Miami, FL 33161
      View Details
    • Contact for pricing
      1,430 SF

      New Take 5 Oil Change

      Recently constructed property leased to Take 5 Oil Change.
      15045 NW 7Th Ave, Miami, FL 33161
      View Details
    • $5,500,000

      Prime North Miami Retail Property

      High-traffic retail building, ample parking.
      14444 Dixie Hwy, Miami, FL 33161
      View Details
    • Contact for pricing

      Renovated Corner Building in North Miami

      Freestanding, renovated corner building with parking in North Miami.
      997 NE 125Th St, Miami, FL 33161
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      800 SF

      North Miami Retail/Office Space

      Located in the heart of North Miami on busy 125th.
      927-955 NE 125Th Ter, North Miami, FL 33161
      View Details
    • Contact for pricing
      3,950 SF

      Retail Space Sublease Opportunity

      Sublease opportunity in Palmetto Bay's Colonial Palms Plaza.
      13611-13621 S Dixie Hwy, Miami, FL 33161
      View Details
    • Contact for pricing
      1,350 SF

      Retail Space in North Miami

      Retail space available for lease in North Miami, Florida.
      823 NE 125Th Ter, North Miami, FL 33161
      View Details
    • Contact for pricing
      2,242 SF

      Retail Center on SR-922

      Retail center with high traffic frontage in North Miami.
      859 Ne 125Th Ter, North Miami, FL 33161
      View Details
    • Contact for pricing
      4,000 SF

      North Miami Retail Space Available

      Retail space available in North Miami's business corridor.
      870 NE 125Th Ter, North Miami, FL 33161
      View Details
    • Contact for pricing
      2,916 SF

      Colonial Palms Plaza Retail Space

      Retail space available in high-traffic Miami location.
      13605 S Dixie Hwy, Miami, FL 33161
      View Details
    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.
    450 125Th Ter
    North Miami, FL 33161
    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!