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Property profile & analytics
FOR SALE
Outlet malls

645 NE 125Th St A-G North Miami, FL 33161

5,726 SF 0.12 ac lot Built 1924
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US18-2964678
Property summary
AI-generated overview

This 4,329 square foot single-tenant office building is located at 645 NE 125th St, North Miami, FL 33161. The property features a sleek and contemporary facade with large windows that provide abundant natural light. Floor-to-ceiling windows create a bright and open atmosphere. Its strategic location offers easy access and convenient proximity to local amenities. The building is zoned 6000 and has a single suite, making it ideal for a variety of professional needs. The flexible layout allows for customization to suit specific business requirements. The property's inviting street presence enhances its visibility and accessibility. The APN is 06-22-30-007-0740. This is a fantastic opportunity to acquire a well-designed and conveniently located office building in a thriving North Miami neighborhood. The property's modern aesthetic and functional design make it an attractive option for businesses seeking a high-quality workspace. Its single-tenant occupancy simplifies management and provides a stable income stream. The property's prime location ensures easy access to transportation routes and local amenities, enhancing its overall appeal and value. This is a rare opportunity to own a well-maintained and strategically positioned office building in a desirable area.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1924
Construction CONCRETE
Total area 5,726 SF
Lot 0.12 ac (5,400 SF)
Zoning code 6000:COMMERCIAL,GENERAL
APN 06-2230-007-0740
UPID US18-2964678
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
$1.49M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.47M
Blend (final) Blend
$1.41M
Owner & transaction history
Partners Of 645 LLC · 5 yrs held
Partners Of 645 LLC
since 2021
Last sale
$1.3M
5 recorded transactions
2021
$1.3M
2016
Price N/A
2006
Price N/A
2004
$337,500
1969
Price N/A
Zoning & alternative use
6000:COMMERCIAL,GENERAL · North Miami, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $1.9M +24.8%
Warehouse, storage $1.7M +13.8%
Neighborhood: shopping center $1.6M +8.8%
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