Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    887 Bloomingdale Ave Brandon, FL 33511

    • Specialty properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Truly Greek / Restaurant

    Property Details for 887 Bloomingdale Ave

    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional opportunity presents the chance to acquire a thriving, fully operational Mediterranean restaurant located at 887 E Bloomingdale Ave, Brandon, FL 33511. Priced at $147,000, this turnkey business boasts a proven track record of profitability and is ideally situated within the bustling Bloomingdale Square shopping center. The restaurant enjoys a prime location directly adjacent to a Publix supermarket, alongside other prominent tenants including Bealls, LA Fitness, McDonald's, and Dollar Tree, ensuring high foot traffic and visibility. This high-traffic intersection sees over 53,000 vehicles daily. The surrounding affluent neighborhoods, with average household incomes exceeding $90,000, provide a strong and stable customer base. The business model includes a successful off-site catering and delivery service, further enhancing revenue streams. The property itself is classified as special purpose land with zero units. This is a rare opportunity to own a well-established and profitable restaurant in a prime location within a thriving commercial center. The business is ready for immediate operation, offering a seamless transition for the new owner. This is a truly turnkey operation with significant potential for continued growth and success. The property is located in Hillsborough County, Florida.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brandon
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.2726
    Latitude
    27.8913

    Comparable in this City

    • Value Estimation by Request
      7,500 SF

      Address Not Disclosed

      Hospitality properties • 7,500 SF
      0 Address Not Disclosed, Brandon, FL 33511
      View Details
    • Value Estimation
      $380,000
      11,983 SF

      401 Brandon Blvd

      FUNERAL HOME • 11,983 SF
      401 Brandon Blvd, Brandon, FL 33511-5001
      View Details
    • Value Estimation by Request
      10.40 Acres

      at Oakfield Lakewood Dr

      Land • 10.40 Acres
      at Oakfield Lakewood Dr, Brandon, FL 33511
      View Details
    • Value Estimation by Request
      2.76 Acres

      731 Lumsden Rd

      Land • 2.76 Acres
      731 Lumsden Rd, Brandon, FL 33511
      View Details
    • Value Estimation by Request
      1.90 Acres

      1828-1840 Providence Rd

      Land • 1.90 Acres
      1828-1840 Providence Rd, Brandon, FL 33511
      View Details
    • Value Estimation
      $325,000
      9,512 SF

      1094 Bloomingdale Ave

      DAY CARE, PRE-SCHOOL • 9,512 SF
      1094 Bloomingdale Ave, Brandon, FL 33511
      View Details

    Similar Nearby for Sale

    • $695,000

      Bloomingdale Avenue Specialty Property

      Specialty property available on Bloomingdale Avenue, Brandon, Florida.
      160 E Bloomingdale Ave, Brandon, FL 33511
      View Details
    • $400,000

      Land For Sale

      Land available for sale.
      4868 Rambling River Rd, Brandon, FL 33511
      View Details
    • $1,100,000
      1.90 Acres

      Brandon Residential Land Opportunity

      1.9-acre residential land, prime location.
      1828-1840 Providence Rd, Brandon, FL 33511
      View Details
    • $750,000

      Prime Buildable Parcel in Brandon

      1.23-acre parcel in high-demand area, ideal for development.
      142 E Bloomingdale Ave, Brandon, FL 33511
      View Details
    • $749,000

      Estate Property with Development Potential

      Two-acre estate with home, garage, and development potential.
      832 S Parsons Ave, Brandon, FL 33511
      View Details
    • $1,100,000

      Residential Land Site in Brandon, FL

      1.9-acre residential land site in Brandon, Florida.
      1828 Providence Rd, Brandon, FL 33511
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      1,697 SF

      Brandon, FL Office/Medical Space

      Office/Medical space with great visibility in Brandon, Florida.
      920 W Lumsden Rd, Brandon, FL 33511
      View Details
    • Contact for pricing
      48,922 SF

      Prime Medical Office Building in Brandon

      Spacious medical suites, ample parking.
      510 Vonderburg Dr, Brandon, FL 33511
      View Details
    • Contact for pricing
      69,007 SF

      Lithia Square Retail Center

      Brandon, FL: Prime Retail Space Available
      901 Lithia Pinecrest Rd, Brandon, FL 33511
      View Details
    • $23 SF/Yr
      1,307 SF

      Brandon Medical Office Suite

      Functional medical office suite in established Brandon medical complex.
      500 Vonderburg Dr, Brandon, FL 33511
      View Details
    • $22 SF/Yr
      1,750 SF

      Brandon, FL First-Floor Office Space

      1,750 SF office space in Brandon, FL for rent.
      1602 Oakfield Dr, Brandon, FL 33511
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Power Center

      Retail space available in a Target-anchored power center.
      215-235 Brandon Town Center Dr, Brandon, FL 33511
      View Details
    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.
    887 Bloomingdale Ave
    Brandon, FL 33511
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.