Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7562 Starkey Rd Seminole, FL 33777

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces available on a newly developed center.

    Type:Retail
    Property size:
    6,432 SF
    Added:
    Aug 23, 2024
    Days on Market:
    602
    Last Refresh:
    Mar 17 at 1:22 pm

    Property Features for 7562 Starkey Rd

    General Information

    Standard status
    Active
    Size
    6,432 SF
    Property subtype
    Retail

    Spaces For Lease

    at 7562 Starkey Rd Contact us

    We can help!

    Listing Contact
    Brooke LoGalbo

    Listing agent Brooke LoGalbo License #SL3328409

    Listing office ACRE Commercial Real Estate

    Listing date Aug 23, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of ACRE Commercial Real Estate

    Overview

    Retail Space on Busy Corner

    Available for lease are retail spaces ranging from 1,065 to 6,432 square feet. The property is part of a newly developed center, with a Circle K under construction, estimated to be completed in Q2 2026. Situated on a busy, signalized corner, the location benefits from high traffic volume, with 80,000 cars passing daily (53,000 AADT on Park Boulevard and 27,500 AADT on Starkey Road). Highly visible pylon signage is available on both Starkey Road and Park Boulevard. The property is located on a busy thoroughfare connecting I-275 to the Gulf Coast beaches. The area is densely populated, with 251,237 residents within a 5-mile radius.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Seminole
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7632918
    Latitude
    27.8404403

    Nearby Similar for Lease

    • $42,000/mo

      Seminole Blvd Automotive/Retail Space

      Automotive or retail space on busy Seminole Blvd.
      5715 SEMINOLE Blvd, Seminole, FL 33772
      View Details
    • Contact for pricing

      Office Space Available For Rent

      Coworking and office spaces available for rent.
      7340 Bryan Dairy Rd, Seminole, FL 33777
      View Details
    • $18/mo

      Retail Space Available For Lease

      Retail space available for lease in Seminole, Florida.
      9139 Park Blvd, Seminole, FL
      View Details
    • Contact for pricing

      Retail Space in Active Corridor

      Retail space in active Largo corridor near Winn-Dixie.
      10202 Seminole Boulevard, Seminole, FL
      View Details
    • Contact for pricing

      Renovated Warehouse with Gated Yard

      Recently renovated warehouse with office, shop building, and gated yard.
      11050 70th Ave N, Seminole, FL 33772
      View Details
    • $24/mo

      Retail Space in Publix-Anchored Center

      Retail space available in high-traffic, densely populated area.
      10801 Starkey Rd, Seminole, FL
      View Details
    • Contact for pricing

      Retail Space on Park Boulevard

      Retail spaces available with high visibility and ample parking.
      9025-9097 Park Blvd, Seminole, FL
      View Details
    • $129/mo

      Seminole Warehouse Spaces Available

      Three warehouse spaces available for rent, suitable for various uses.
      10990 70th Ave, Seminole, FL 33772
      View Details
    • $19/mo

      Class A Office Building

      Medical and professional office space available for rent.
      7500 Bryan Dairy Rd, Seminole, FL
      View Details
    • Contact for pricing

      Retail Space on Busy Corner

      Retail space available on a busy, signalized corner.
      7600 Starkey Rd, Seminole, FL
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Seminole, Florida.
      12975 Park Blvd, Seminole, FL 33777
      View Details
    • Contact for pricing

      Retail Space in Oakhurst Plaza

      Retail space for lease anchored by Publix in Seminole.
      9201-9394 Oakhurst Road, Seminole, FL 33776
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail spaces available on a newly developed center.
    Where is this retail space located?
    The property is located at 7562 Starkey Rd Seminole, FL.
    What are key features of this property?
    This property features: High traffic location: 80,000 cars passing daily at a busy, signalized corner.; Newly developed center with Circle K under construction (est. Q2 2026).; Highly visible pylon signage on Starkey Rd and Park Blvd.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Brooke LoGalbo
    Real Estate License ID: SL3328409
    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!