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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Turn key restaurants
640 125th St North Miami, FL 33161-5504
Entity Owned
18-yr Hold
Free & Clear
Property ID
US18-8191168
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1996
Construction
CONCRETE
Total area
2,200 SF
Lot
0.22 ac (9,500 SF)
Zoning code
6000:COMMERCIAL,GENERAL
APN
06-2230-032-0050
UPID
US18-8191168
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$645k
Owner & transaction history
Pri Properties LLC · 18 yrs held
Pri Properties LLC
since 2007
7 recorded transactions
Zoning & alternative use
6000:COMMERCIAL,GENERAL · North Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Miami submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Miami submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$293 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$19,748
Tax year 2023
Assessed value
$1,343,100
Assessed 2023
Previous assessed
$673,252
+99.5% YoY
Effective rate
1.47%
On assessed value
Assessed land
$665,000
Assessed improvement
$678,100
Land market value
$665,000
Improvement market value
$678,100
Total market value
$1,343,100
Applied tax rate
600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1996
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
2,200 SF
Lot
0.22 ac (9,500 SF)
Zoning code
6000:COMMERCIAL,GENERAL
APN
06-2230-032-0050
UPID
US18-8191168
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
6000:COMMERCIAL,GENERAL · North Miami, FL
Zoning 6000:COMMERCIAL,GENERAL · permitted uses
6000:COMMERCIAL,GENERAL · North Miami, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Miami. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Pri Properties LLC
Entity
Free & Clear · 18 yrs held
Mailing address
602 S MAIN ST, GAINESVILLE, FL 32601-6718
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2017
—
Florida Bells LLC
—
Grant Deed
related
$40,000,000 · Bank Of America
Jun 1, 2016
—
Florida Bells LLC
—
Deed
related
$35,000,000 · Wells Fargo Bk
Aug 13, 2007
$700,500
Pri Properties LLC
Fiesta Hospitality LLC
Warranty Deed
—
Dec 6, 1999
$950,600
Fiesta Hospitality LLC
Taco Bell Of America INC
Grant Deed
$1,036,000 · Captec Financial Group INC
Jan 29, 1999
$202,100
Taco Bell Of America INC
Taco Bell Corp
Grant Deed
related
—
—
—
Florida Bells LLC
—
Loan Modification
related
$2,500,000 · Wells Fargo Bk
—
—
Pri Properties LLC
—
Loan Modification
related
$27,000,000 · Wells Fargo Bk
—
—
Florida Bells LLC
—
Loan Modification
related
$35,000,000 · Wells Fargo Bk
—
—
Florida Bells LLC
—
Deed Of Trust
related
$20,500,000 · Wells Fargo Bk Nw NA
—
—
Pri Properties LLC
—
Loan Modification
related
$22,500,000 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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