Add Listing
    For Lease
    • 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

    14920 BALM WIMAUMA ROAD Wimauma, FL 33598

    View on Map
    For Lease
    $6 SF/Yr

    Mixed Use - WIMAUMA, FL

    Type:Mixed Use
    Property size:
    300 SF
    Lot size:
    10.56 Acres
    Added:
    Jun 3, 2022
    Days on Market:
    1402
    Last Refresh:
    Apr 4 at 5:06 am

    Property Features for 14920 BALM WIMAUMA ROAD

    General Information

    Property type
    Commercial Lease
    Property subtype
    Mixed Use
    Zoning
    PD
    Pets allowed
    No
    Standard status
    Active
    APN
    U-25-31-20-ZZZ-000003-17690.0
    Size
    300 SF
    Lot size
    10.56 Acres

    Taxes and HOA fees

    Tax Year
    2021
    Tax Annual Amount
    815.47

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1940
    Building materials
    Frame
    Architectural style
    Other

    We can help!

    Listing Contact
    chris Spooner

    Listing agent chris Spooner License #3246934

    Listing office FLORIDA'S 1ST CHOICE RLTY LLC 3030 N Rocky Pointe DR Ste 150, Sun City Center, FL

    Listing date Jun 3, 2022

    MLS# T3379496 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    WIMAUMA, FL - Mixed Use

    Office and meeting spaces are available on a month-to-month basis in various sizes. The property offers ample parking, trash pick-up, and restrooms. An open area is available for meetings. Each office has been freshly painted and includes separate keyed locks for security in some of them. The building is located in Balm between 672 and 674 East of route 301, providing convenient access to Riverview, Wimauma, Sun City Center, Apollo Beach, and Ruskin. Back roads offer an easy drive to Lithia and Fish Hawk. Room 11 is 125 square feet, room 12 is 150 square feet, and room 13 is 176 square feet. The property is zoned PD and situated on a 10.56-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Bible Fellowship Church Good Samaritan Mission ... Charitable Organization

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Pharmacy Food Market Grocery & Convenience Store HVAC Service Grocery & Convenience Store Car Rental Facility Computer & Electronic Repair

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wimauma
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.2596968
    Latitude
    27.7586394

    Nearby Similar for Lease

    • $35/mo

      WIMAUMA, FL Mixed-Use Office Suite

      Office suite in a busy commercial center, ready to occupy.
      5113 STATE ROAD 674 SUITE 108, WIMAUMA, FL 33598
      View Details
    • Contact for pricing

      Retail Space in Growing Area

      Retail suites available in high-growth Hillsborough County location.
      740 Don Oaks St, Wimauma, FL
      View Details
    • Contact for pricing

      Retail Space in Growing Area

      Retail suites available in high-growth Hillsborough County location.
      740 Eleton Spgs Dr, Wimauma, FL
      View Details
    • Contact for pricing

      Office Suites in Growing Area

      Office suites available in high-growth Hillsborough County location.
      728 Eleton Spgs Dr, Wimauma, FL
      View Details

    FAQs

    What type of property is this?
    Office units - Office/meeting space available in WIMAUMA, FL with flexible rental options.
    Where is this office units located?
    The property is located at 14920 BALM WIMAUMA ROAD Wimauma, FL.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: Convenient location in Balm, easily accessible to Riverview, Wimauma, Sun City Center, Apollo Beach, Ruskin, Lithia and Fish Hawk.; Flexible rental options: rentable by the hour, day, or week.; Variety of office sizes available, including 125 sq ft, 150 sq ft, and 176 sq ft.
    (813) 363-3031
    We can help!
    Listing Contact
    chris Spooner
    Real Estate License ID: 3246934
    Learn More
    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.
    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!