Add Listing
    For Sale
    • 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

    8925 Honeywell Rd Gibsonton, FL

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    7.13 acres zoned PD for apartment development.

    Type:LAND
    Lot size:
    7.13 Acres
    Added:
    Aug 7, 2025
    Days on Market:
    240
    Last Refresh:
    Apr 1 at 10:28 pm

    Property Features for 8925 Honeywell Rd

    General Information

    Standard status
    Active
    Lot size
    7.13 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Ryan Sampson
    Ryan Sampson

    Listing agent Ryan Sampson License #257003598

    Listing office Eshenbaugh Land Company

    Listing date Aug 7, 2025

    Source Moodyscre

    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 Eshenbaugh Land Company

    Overview

    Land for Apartment Development

    This property offers 7.13 acres (MOL) located at the northwest intersection of Symmes Road and East Bay Road in the Gibsonton/Riverview area of Florida. The property is currently zoned PD, which allows for the construction of up to 233 apartment units, with the potential for 249 units under the Live Local rule. Water and sewer services are available to the property, and the site has no wetlands.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Gibsonton
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.29
    Latitude
    27.94

    Nearby Similar for Sale

    • $699,999

      Gibsonton Land with Development Potential

      8.06 acres with development potential in a growing area.
      12730 BULLFROG CREEK ROAD, GIBSONTON, FL 33534
      View Details
    • $995,000
      1,118 SF

      Mixed-Use Property with Warehouse

      Remodeled office and warehouse on 1.26 acres, fenced.
      11134 S 41 HIGHWAY, GIBSONTON, FL 33534
      View Details
    • $1,499,000
      3,997 SF

      Established Commercial Site For Sale

      Highly visible commercial site with supermarket, equipment, and food truck.
      6101 SYMMES ROAD, GIBSONTON, FL 33534
      View Details
    • $1,499,000
      3,997 SF

      Established Commercial Site For Sale

      Highly visible commercial site with supermarket, equipment, and food truck.
      6101 SYMMES ROAD, GIBSONTON, FL 33534
      View Details
    • $275,000

      Water Access Vacant Land Opportunity

      Vacant land in Gibsonton, Florida, with private boat launch.
      9924 PENINSULAR DRIVE, GIBSONTON, FL 33534
      View Details
    • $9,950,000

      Waterfront Land Development Opportunity

      16.96 acres approved for 101 luxury townhomes on Alafia River.
      9234 OLD GIBSONTON DRIVE, GIBSONTON, FL 33534
      View Details
    • $160,000

      Residential Land in Gibsonton, FL

      Land parcel for residential development with Alafia River access.
      9923 ALAVISTA DRIVE, GIBSONTON, FL 33534
      View Details
    • $275,000

      Cleared Commercial Corner Lot

      0.20-acre commercial corner lot on high-traffic U.S. Highway 41.
      10007 S 41 HIGHWAY, GIBSONTON, FL 33534
      View Details
    • $799,000

      Land in Gibsonton, Florida

      Three parcels of land for sale in Gibsonton, Florida.
      12020 BULLFROG CREEK ROAD, GIBSONTON, FL 33534
      View Details
    • $400,000

      Alafia River Redevelopment Opportunity

      6.45 acres with extensive waterfront on the Alafia River.
      7610 ANNA AVENUE, GIBSONTON, FL 33534
      View Details
    • $1,995,000
      21,840 SF

      Turnkey Mobile Home Community

      Well-maintained mobile home community in Gibsonton, Florida with strong rental potential.
      6304 EUGENE ACRES LANE, GIBSONTON, FL 33534
      View Details
    • $229,500

      Waterfront Lot on Bay Drive

      0.22-acre canal-front lot with direct access to Tampa Bay.
      9919 BAY DRIVE, GIBSONTON, FL 33534
      View Details

    FAQs

    What type of property is this?
    Land - 7.13 acres zoned PD for apartment development.
    Where is this land located?
    The property is located at 8925 Honeywell Rd Gibsonton, FL.
    What are key features of this property?
    This property features: Zoned PD for up to 233 apartment units, potentially 249 with Live Local rule.; 7.13 total acres (MOL) at the NW intersection of Symmes Road and East Bay Road.; Water and sewer are available to the property.
    (813) 287-8787 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Ryan Sampson
    Ryan Sampson
    Real Estate License ID: 257003598
    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!