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Retail Strip Plaza with Storage
For Sale
$895,000
Pending

9933 SEMINOLE BLVD, Seminole, FL 33772

5-unit retail strip includes multiple storage units at the rear with excess land and room for heavy-vehicle parking.

Property Size7,144 SF
Lot Size2.20 Acres
Days on Market179

Property Features for 9933 SEMINOLE BLVD

General Information

Standard status Pending
Size 7,144 SF
Lot size 2.20 Acres
Property subtype Retail

Taxes and HOA fees

Annual Taxes $8,535

Building Details

Building Size 7,144 SF
Year Built 1958
Listing Agency: HIGH POINT REALTY INC
Listed By: David Kerr · License #BK3235605
Source: Judibeck
Added: Apr 29 Changed: Oct 16 Last Checked: Oct 23 at 3:37PM

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 HIGH POINT REALTY INC

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Investment Insights

Based on property information with market context.

This for-sale strip plaza combines front retail space with rear self-storage. The property features a 5-unit plaza with a furniture store occupying three units, along with a furniture repair store and a barber. In the back, there are three large storage units and three smaller storage units. The site also includes excess land and room for parking heavy vehicles.

The property is located on a 2.2-acre lot with exposure to Seminole Blvd, supporting convenient visibility for the existing mix of uses.

Overall, the configuration provides on-site retail frontage along with multiple storage bays at the rear, complemented by additional land area for continued site utility.

Key Highlights

  • 5‑unit retail strip plaza built in 1958 on a 2.2 AC lot
  • Includes 3 large storage units plus 3 smaller storage units at the rear
  • Excess land for future development and additional parking for heavy vehicles

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,136
Cap Rate
7.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,402,720 $1.4M
Cap Rate 7%
$1,001,943 $1.0M
Cap Rate 9%
$779,289 $779.3K
Market Conditions
NOI Build-Up for 7,144 SF
Gross rent
$107.2K $15.00/SF
− Vacancy
−$7.0K −$0.98/SF
EGI
$100.2K $14.03/SF
− OpEx
−$30.1K −$4.21/SF
NOI
$70.1K $9.82/SF
Area
Pinellas County, FL
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,402,720
Cap Rate 7%
$1,001,943
Cap Rate 9%
$779,289

Alternative Uses

Best Use
Retail
$1.00M
$876.7K – $1.17M (±1% cap)
NOI $70,136 @ 7.0% cap · market cap 7.84%
Second Best
Self Storage
$946.4K
$828.1K – $1.10M (±1% cap)
NOI $66,251 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,075 @ 7.0% cap · market cap 14.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Auto Parts Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

633
Businesses Nearby

Demographics for 33772, FL

24,121
Population
12,340
Households
2
Avg Household Size
51
Median Age
32%
College-Educated
93%
High-School Grad
5.3 sq mi
ZIP Area
4,551
Density / Sq Mi
$74,026
Median Household Income
$46,187
Median Earnings
$1,454
Median Rent
$327,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - 5-unit retail strip includes multiple storage units at the rear with excess land and room for heavy-vehicle parking.
Where is this strip mall located?
The property is located at 9933 SEMINOLE BLVD Seminole, FL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 5‑unit retail strip plaza built in 1958 on a 2.2 AC lot; Includes 3 large storage units plus 3 smaller storage units at the rear; Excess land for future development and additional parking for heavy vehicles
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