Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers

    SIGNATURE REALTY ASSOCIATES

    2234 LITHIA CENTER LANE, Brandon, FL 33596
    (888) 270-7653
    Web Site
    Size: 10+ agents

    Agents

    Service Locations

    Property Types

    • Land
    • Commercial Sale

    Listings

    For Sale (98)

    View map
    Half Acre Land Parcel
    Contact for pricing
    0.50 Acres

    Half Acre Land Parcel

    Land parcel in Indian Lake Estates with community amenities.

    St Augustine Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Palm Beach Dr, Indian Lake Estates, FL 33855
    View details
    North Port Vacant Land Parcel
    Contact for pricing
    0.25 Acres

    North Port Vacant Land Parcel

    Vacant parcel in North Port, close to amenities.

    Sawyer Cir, North Port, FL 34288
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land in Indian Lake Estates with community amenities.

    Belmont Dr, Indian Lake Estates, FL 33855
    View details
    Waterfront Residential Lot
    $500,000
    0.51 Acres

    Waterfront Residential Lot

    Vacant lot with direct frontage on Pensacola Bay, level terrain, mature trees, and an existing riprap sea wall.

    Mike Gibson Ln, Milton, FL 32583
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land with community amenities in Indian Lake Estates, Florida.

    Palm Beach Dr, Indian Lake Estates, FL 33855
    View details
    West Tampa Non-Conforming Lot
    $104,900
    0.06 Acres

    West Tampa Non-Conforming Lot

    Residential land in desirable West Tampa, Florida.

    2906 W Heiter St, Tampa, FL 33607
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Half acre lot in a golf and boating community.

    Tropicana Dr, Indian Lake Estates, FL 33855
    View details
    Commercial Land in Polk City
    $1,200,000
    1.83 Acres

    Commercial Land in Polk City

    1.83 acres of commercial land available for sale.

    State Rd 33 Rd, Polk City, FL 33868
    View details
    Established Mixed-Use Commercial Property
    $1,499,000
    3,997 SF

    Established Mixed-Use Commercial Property

    Income-producing property with supermarket, bakery, and food truck.

    6101 Symmes Rd, Gibsonton, FL 33534
    View details
    Profitable Mixed-Use Commercial Property
    $1,499,000
    3,997 SF

    Profitable Mixed-Use Commercial Property

    High-visibility commercial property with multiple income streams in Gibsonton, FL.

    6101 Symmes Rd, Gibsonton, FL 33534
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Plumosa Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land in a community with golf and boating.

    Palm Beach Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Palm Beach Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Half acre of land with community amenities in Florida.

    Sarasota Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Lakeland Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Belmonte Dr, Indian Lake Estates, FL 33855
    View details
    Waterfront Land on Little Manatee River
    $775,000
    0.72 Acres

    Waterfront Land on Little Manatee River

    0.723 AC waterfront property with deep-water access and boat ramp.

    3312 W Shell Point Rd, Ruskin, FL 33570
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land with community amenities in Indian Lake Estates, FL.

    Alba Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land in a community with golf and boating amenities.

    Japonica Dr, Indian Lake Estates, FL 33855
    View details
    Lakefront Residential Homesite
    $145,000
    0.89 Acres

    Lakefront Residential Homesite

    Waterfront homesite in Shadow Run with lake views, mature setting, and RSC-2 zoning for a custom residence.

    Lake Hills Dr, Riverview, FL 33569
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Pinnata Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land in a community with golf and boating amenities.

    Sarasota Dr, Indian Lake Estates, FL 33855
    View details
    Cleared Land Parcel in Dover
    $350,000
    1.48 Acres

    Cleared Land Parcel in Dover

    1.48-acre cleared land parcel suitable for custom estate.

    13419 Cocopah Ln, Dover, FL 33527
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    1257 Pinnata Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land with community amenities in Indian Lake Estates, Florida.

    Palm Beach Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Tropicana Dr, Indian Lake Estates, FL 33855
    View details
    Picturesque Land with Development Potential
    $887,000
    6.13 Acres

    Picturesque Land with Development Potential

    Six acres of land with endless possibilities in Riverview, Florida.

    10904 Hackney Dr, Riverview, FL 33578
    View details
    Corner Lot in Marion Oaks
    $43,000
    0.29 Acres

    Corner Lot in Marion Oaks

    Prime corner lot ready for building in Marion Oaks.

    Marion Oaks Mnr, Ocala, FL 34474
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land with community amenities in Indian Lake Estates, FL.

    Palm Beach Dr, Indian Lake Estates, FL 33855
    View details
    Plant City Land Opportunity
    $225,000
    2.31 Acres

    Plant City Land Opportunity

    2.3-acre cleared land parcel in Plant City, Florida.

    8706 Mary Ivy Dr, Plant City, FL 33567
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Alba Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land with community amenities in Indian Lake Estates, FL.

    Alba Dr, Indian Lake Estates, FL 33855
    View details
    Port Charlotte Multi-Family Zoned Land
    $38,900
    0.23 Acres

    Port Charlotte Multi-Family Zoned Land

    Multi-family zoned lot in South Gulf Cove community.

    9438 Panama Cir, Port Charlotte, FL 33981
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land with community amenities in Indian Lake Estates, Florida.

    Tropicana Dr, Indian Lake Estates, FL 33855
    View details
    AR Zoned Buildable Land Parcel
    $769,000
    14.41 Acres

    AR Zoned Buildable Land Parcel

    Zoned for agriculture and 1-acre parcels, offering room for custom homesites or a small development setup.

    14815 Sherrod Croft Ln, Dade City, FL 33525
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Belmonte Dr, Indian Lake Estates, FL 33855
    View details
    Residential Land in LABELLE, FL
    Contact for pricing
    0.23 Acres

    Residential Land in LABELLE, FL

    Residential land available in LABELLE, Florida.

    8042 Windswept Cir, Labelle, FL 33935
    View details
    Residential Lot in North Port
    Contact for pricing
    0.23 Acres

    Residential Lot in North Port

    Residential lot perfect for investment or immediate construction.

    1137174216 Cecil Ave, North Port, FL 34288
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Palm Beach Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land in a community with golf and boating amenities.

    Althea Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates community with golf and boating.

    Orchid Dr, Indian Lake Estates, FL 33855
    View details
    Waterfront Land on Little Manatee River
    $449,000
    0.42 Acres

    Waterfront Land on Little Manatee River

    Prime waterfront property with deep-water access and flexible zoning.

    3312 W Shell Point Rd, Ruskin, FL 33570
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Half acre lot in a community with various amenities.

    Belmonte Dr, Indian Lake Estates, FL 33855
    View details
    Apollo Beach Golf Course Lot
    $179,900
    0.29 Acres

    Apollo Beach Golf Course Lot

    Residential lot in Apollo Beach, ready for your dream home.

    901 Eagle Ln, Apollo Beach, FL 33572
    View details
    2.4 Acre Vacant Land
    $249,900
    2.40 Acres

    2.4 Acre Vacant Land

    Build your dream home on this 2.4-acre vacant lot.

    7211 Tumbleton Ct, Dover, FL 33527
    View details
    Oversized Residential Lot For Sale
    Contact for pricing
    0.39 Acres

    Oversized Residential Lot For Sale

    Residential lot (0.39 Acre) with public water, priced to sell.

    5634 Anderson Rd, Port Charlotte, FL 33981
    View details
    Residential Lot in Burnt Store
    $31,000
    0.22 Acres

    Residential Lot in Burnt Store

    Vacant lot in deed-restricted community with water and sewer access.

    24472 Manizales Ct, Punta Gorda, FL 33955
    View details
    Duplex Zoned Lot For Sale
    $38,900
    0.23 Acres

    Duplex Zoned Lot For Sale

    Duplex zoned lot near amenities, seller financing available.

    12215 Tetzel Ave, Port Charlotte, FL 33981
    View details
    Plant City Land For Sale
    $480,000
    9.73 Acres

    Plant City Land For Sale

    9.73 acres of land in Plant City, Florida.

    Justin Ln, Plant City, FL 33565
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land with golf, pickleball, and boating amenities.

    Belmonte Dr, Indian Lake Estates, FL 33855
    View details
    Prime Land in North Port
    $1,400,000
    3.62 Acres

    Prime Land in North Port

    3.62 acres ideal for commercial or residential development.

    1200 N Biscayne Dr, North Port, FL 34291
    View details
    Waterfront Land on Little Manatee
    $349,000
    0.30 Acres

    Waterfront Land on Little Manatee

    0.30 AC waterfront property with deep-water access.

    3306 W Shell Point Rd, Ruskin, FL 33570
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    581 Plumosa Dr, Indian Lake Estates, FL 33855
    View details
    Valrico Office with Prime Frontage
    $499,000
    2,311 SF

    Valrico Office with Prime Frontage

    PD-zoned property with high visibility and versatile interior space.

    2109 Lithia Pinecrest Rd, Valrico, FL 33596
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land in a community with golf and boating amenities.

    Belmonte Dr, Indian Lake Estates, FL 33855
    View details
    Corner Lot on SR 60
    $299,000
    5.73 Acres

    Corner Lot on SR 60

    5.73-acre corner lot with development potential in Lake Wales.

    Doherty Dr, Lake Wales, FL 33898
    View details
    Land in South Gulf Cove
    $38,900
    0.23 Acres

    Land in South Gulf Cove

    Multi-family zoned lot with utilities in thriving community.

    9430 Panama Cir, Port Charlotte, FL 33981
    View details
    Residential Lot in South Gulf
    Contact for pricing
    0.23 Acres

    Residential Lot in South Gulf

    Residential lot in a community with utilities in place.

    10026 Hackensack St, Port Charlotte, FL 33981
    View details
    Residential Lot in Burnt Store
    $39,000
    0.22 Acres

    Residential Lot in Burnt Store

    Homesite in deed-restricted community with low HOA.

    25872 Prada Dr, Punta Gorda, FL 33955
    View details
    Oversized Corner Lot with Water Views
    $44,900
    0.32 Acres

    Oversized Corner Lot with Water Views

    Oversized corner lot with panoramic water views in Port Charlotte.

    16285 Rennie Rd, Port Charlotte, FL 33981
    View details
    Half Acre Land Parcel
    Contact for pricing
    0.50 Acres

    Half Acre Land Parcel

    Half acre land in Indian Lake Estates, Florida.

    Laguna Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Half acre lot in Indian Lake Estates, Florida.

    Laguna Dr, Indian Lake Estates, FL 33855
    View details
    Cleared Land in Rotonda West
    Contact for pricing
    0.30 Acres

    Cleared Land in Rotonda West

    Cleared 0.3 acre lot in growing Rotonda West community.

    93 Annapolis Ln, Rotonda West, FL 33947
    View details
    Half Acre Land Parcel
    Contact for pricing
    0.50 Acres

    Half Acre Land Parcel

    Land parcel in Indian Lake Estates, Florida with community amenities.

    Palm Beach Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Palm Beach Dr, Indian Lake Estates, FL 33855
    View details
    Plant City Commercial Zoned Land
    $149,900
    0.39 Acres

    Plant City Commercial Zoned Land

    0.39 acres of commercially zoned land in Plant City.

    N Warnell St, Plant City, FL 33563
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land with golf, pickleball, and boating amenities.

    Belmonte Dr, Indian Lake Estates, FL 33855
    View details
    Residential Lot in Port Charlotte
    Contact for pricing
    0.23 Acres

    Residential Lot in Port Charlotte

    Residential lot with utilities available, close to beaches and amenities.

    8215 Dittmar St, Port Charlotte, FL 33981
    View details
    Residential Lot in Port Charlotte
    Contact for pricing
    0.23 Acres

    Residential Lot in Port Charlotte

    Residential lot with utilities available, seller financing offered.

    14192 S Bend Ave, Port Charlotte, FL 33981
    View details
    Residential Lot in Growing Area
    Contact for pricing
    0.23 Acres

    Residential Lot in Growing Area

    Standard lot in North Port, build your dream home!

    Hungary Rd, North Port, FL 34288
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Portulaca Dr, Indian Lake Estates, FL 33855
    View details
    Land in Indian Lake Estates
    Contact for pricing
    0.60 Acres

    Land in Indian Lake Estates

    Half acre lot in central Florida community with amenities.

    Palm Beach Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land with golf, pickleball, and boating amenities.

    Palm Beach Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Belmonte Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land in a community with golf and boating amenities.

    Calendula Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land with community amenities in Indian Lake Estates, FL.

    Palm Beach Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Sarasota Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Residential land in Indian Lake Estates with community amenities.

    Sarasota Dr, Indian Lake Estates, FL 33855
    View details
    Half Acre Land in Florida
    Contact for pricing
    0.50 Acres

    Half Acre Land in Florida

    Land in Indian Lake Estates with community amenities.

    Sarasota Dr, Indian Lake Estates, FL 33855
    View details
    Corner Lot on State Road
    $385,000
    5.05 Acres

    Corner Lot on State Road

    5.05 acre corner lot with commercial potential.

    State Road 60 E, Lake Wales, FL 33898
    View details
    Commercial Intensive Land Development Site
    $2,375,000
    5.50 Acres

    Commercial Intensive Land Development Site

    Infill 5.5-acre parcel with CI zoning, supporting a wide range of industrial and commercial uses in Tampa.

    2811 N 62Nd St, Tampa, FL 33619
    View details
    Multi-Tenant Medical Office Building For Sale
    Contact for pricing

    Multi-Tenant Medical Office Building For Sale

    Multi-tenant medical office building near Emmanuel Medical Center.

    2020 Colorado Ave, Turlock, CA 95382
    View details
    Land for Sale
    Contact for pricing

    Land for Sale

    Land available for purchase.

    715 Granada Dr, Indian Lake Estates, FL 33855
    View details
    Land for Sale
    $79,900

    Land for Sale

    Land available in Indian Lake Estates, Florida.

    26 Lantana Dr S, Indian Lake Estates, FL 33855
    View details
    Land For Sale
    Contact for pricing

    Land For Sale

    Land available for sale.

    623 Granada Dr, Indian Lake Estates, FL 33855
    View details
    Land for Sale
    Contact for pricing

    Land for Sale

    Land available for purchase.

    823 Pandora Dr, Indian Lake Estates, FL 33855
    View details
    North Port Prime Real Estate
    Contact for pricing

    North Port Prime Real Estate

    3.62 acres in North Port, ideal for commercial/residential development.

    1200 N Biscayne Dr, North Port, FL 34291
    View details
    Renovated Office Building For Sale
    Contact for pricing
    2,125 SF

    Renovated Office Building For Sale

    Newly renovated commercial building suitable for various business types.

    6481 Deland Ave, Indian Lake Estates, FL 33855
    View details
    Commercial Land Ready to Build
    Contact for pricing

    Commercial Land Ready to Build

    Commercial land with completed survey and inspections, ready for development.

    8028 Windswept Cir, Labelle, FL 33935
    View details
    Move-In Ready Townhome with Upgrades
    Contact for pricing
    1,555 SF

    Move-In Ready Townhome with Upgrades

    Well-maintained townhome with modern features and community amenities.

    34196 Polacca Ln, Wesley Chapel, FL 33543
    View details
    Land Available in LaBelle, FL
    Contact for pricing

    Land Available in LaBelle, FL

    Land with completed survey, environmental inspection, and geotechnical testing.

    8042 Windswept Cir, Labelle, FL 33935
    View details
    Waterfront Land on Little Manatee
    $850,000

    Waterfront Land on Little Manatee

    0.723 AC waterfront property with deep-water access and boat ramp.

    3312 West Shell Point Rd, Ruskin, FL 33570
    View details
    Land for Sale in Riverview
    $887,000

    Land for Sale in Riverview

    Land available in Riverview, Florida.

    10904 Hackney Dr, Riverview, FL 33578
    View details
    Land in Indian Lake Estates
    $79,900

    Land in Indian Lake Estates

    Land available in Indian Lake Estates, Florida.

    26 Lantana Dr S, Indian Lake Estates, FL 33855
    View details
    Tampa Commercial Land For Sale
    Contact for pricing
    840 SF

    Tampa Commercial Land For Sale

    5.5-acre commercial land parcel in Tampa's industrial corridor.

    2811 N 62Nd St, Tampa, FL 33619
    View details
    Prime Frontage on Lithia Pinecrest
    $499,000

    Prime Frontage on Lithia Pinecrest

    PD-zoned property with high visibility and versatile interior space.

    2109 Lithia Pinecrest Rd, Valrico, FL 33596
    View details
    Plant City 2.3-Acre Land Parcel
    $225,000

    Plant City 2.3-Acre Land Parcel

    2.3-acre Plant City land parcel with paid impact fees.

    8706 Mary Ivy Dr, Plant City, FL 33567
    View details

    For Lease (1)

    View map
    Historic Third Ward Office Space
    Contact for pricing

    Historic Third Ward Office Space

    Office space in a vibrant location with lake and city views.

    219 North Milwaukee St, Milwaukee, WI 53202
    View details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    SIGNATURE REALTY ASSOCIATES
    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.
    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
    SIGNATURE REALTY ASSOCIATES
    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

    Thank You for Inquiry
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!