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

    8717 136th St Miami, FL 33176-5858

    • Turn key restaurants
    • 11,372 SF
    • 1.17 lot acres
    OFF-MARKET
    Value Estimations
    $920,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4756541
    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

    • Samurai / Japanese Restaurant
    • S'CFixing Glass Doors / Corporate Office / Glass Repair Service

    Property Details for 8717 136th St

    Year built
    1975
    Construction
    CONCRETE
    Lot size
    1.17 lot acres
    Property size
    11,372 SF
    Zone code
    6400:COMMERCIAL,CENTRAL
    Property type
    Turn key restaurants
    APN
    30-5016-038-0010
    APU
    3050160380010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $750,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,086,000
      Market price range: $913k - $2.51M

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.3347
    Latitude
    25.6445
    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
    $69,035
    $2,293,425
    $2,106,575
    $4,400,000
    -
    $2,293,425
    $2,106,575
    $4,400,000

    Comparable in this City

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      $535,000
      7,439 SF

      9090 97th Ave

      RESTAURANT • 7,439 SF
      9090 97th Ave, Miami, FL 33176-1650
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    • Value Estimation by Request
      3,419 SF

      9710 Kendall Dr

      RESTAURANT • 3,419 SF
      9710 Kendall Dr, Miami, FL 33176-1943
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    • Value Estimation
      $515,000
      2,776 SF

      13901 Dixie Hwy

      RESTAURANT • 2,776 SF
      13901 Dixie Hwy, Palmetto Bay, FL 33176-7234
      View Details
    • Value Estimation
      $525,000
      8,053 SF

      9050 136th St

      RESTAURANT • 8,053 SF
      9050 136th St, Miami, FL 33176-5879
      View Details
    • Value Estimation by Request
      3,786 SF

      9871 Kendall Dr

      RESTAURANT • 3,786 SF
      9871 Kendall Dr, Miami, FL 33176-1805
      View Details
    • Value Estimation
      $705,000
      5,946 SF

      11500 Kendall Dr

      RESTAURANT • 5,946 SF
      11500 Kendall Dr, Miami, FL 33176-1003
      View Details

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      Miami Restaurant - Turnkey Opportunity

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      Miami Multifamily Investment Opportunity

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      Spacious East Kendall Office Condo

      Furnished office condo in East Kendall with multiple offices.
      11120 N Kendall Dr, Miami, FL 33176
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    • New
      $650,000
      0.14 Acres

      Residential Lot in Kendall, Florida

      6,098 sq ft lot requiring variance for construction.
      128 Sw 128Th Ct, Kendall, FL 33176
      View Details

    Similar Nearby for Lease

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      26,821 SF

      Prime Palmetto Bay Retail Space

      High-traffic retail center, multiple suites available.
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      1,943 SF

      Retail Space in Kendall Square

      Ground floor retail space in a new mixed-use development.
      16950 SW 93Rd St, Miami, FL 33176
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      7,000 SF

      New Retail Space Near Home Depot

      Brand new retail units with high traffic and full air conditioning.
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      56,876 SF

      Cutler Bay Flex/Warehouse Space

      Flex/warehouse space in Cutler Bay with frontage on 106th Ave.
      19200 SW 106Th Ave, Cutler Bay, FL 33176
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      Retail Space in West Kendall

      Retail spaces available in West Kendall shopping center.
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    • Contact for pricing
      2,575 SF

      Retail Space on Kendall Drive

      Retail spaces available in high-traffic Miami shopping center.
      8805-8835 SW 107Th Ave, Miami, FL 33176
      View Details
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    8717 136th St
    Miami, FL 33176-5858
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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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