Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9309 Florida Ave & Nec Of Busch Blvd Tampa, FL 33612
    Property profile & analytics

    9309 Florida Ave & Nec Of Busch Blvd, Tampa, FL 33612

    View on Map
    • Lifestyle centers
    • 160,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 9309 Florida Ave & Nec Of Busch Blvd

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    The Floriland Office Center, located at 9309 N Florida Ave & NEC of Busch Blvd in Tampa, Florida (zip code 33612), offers exceptional office and medical space opportunities. This multi-tenant property boasts a total of 160,000 square feet, with a minimum divisible space of 6,159 square feet and a maximum contiguous space of 13,068 square feet. Currently, 19,227 square feet is available. The building enjoys a highly visible location, easily accessible from I-275, and benefits from prominent pylon signage. Its strategic placement at a high-traffic, signalized intersection ensures excellent exposure. The property is situated in Hillsborough County and is anchored by Ultimate Medical Academy, providing a strong and established presence within the center. The property type is classified as Retail, Office, with subtypes including Executive Office, Medical Office, and Shopping Center. This makes it an ideal location for a variety of businesses seeking high visibility and convenient access in a thriving Tampa Bay area location. The property's coordinates are 28.0359662 latitude and -82.4567431 longitude.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4567
    Latitude
    28.036

    Comparable in this City

    • Value Estimation by Request
      30,226 SF

      1809-1835 Fowler Ave

      Individual retail properties
      1809-1835 Fowler Ave, Tampa, FL 33612
      View Details
    • Value Estimation
      $2,605,000
      17,443 SF

      11707 Clb Dr

      MEDICAL BUILDING
      11707 Clb Dr, Tampa, FL 33612-5521
      View Details
    • Value Estimation
      $805,000
      4,620 SF

      9724 Armenia Ave Ste, Unit 100

      MEDICAL BUILDING
      9724 Armenia Ave Ste, Tampa, FL 33612-7550
      View Details
    • Value Estimation
      $1,120,000
      4,696 SF

      2304 Fletcher Ave

      MEDICAL BUILDING
      2304 Fletcher Ave, Tampa, FL 33612-9404
      View Details
    • Value Estimation by Request
      3,754 SF

      12425 Florida Ave

      MEDICAL BUILDING
      12425 Florida Ave, Tampa, FL 33612-4201
      View Details
    • Value Estimation
      $530,000
      4,005 SF

      13124 Florida Ave

      MEDICAL BUILDING
      13124 Florida Ave, Tampa, FL 33612-3474
      View Details

    Similar Nearby for Sale

    • $1,650,000
      5,242 SF

      High-Exposure Commercial Building Near Busch Gardens

      Two-story commercial building with high visibility and strong income potential.
      3601 E Busch Blvd, Tampa, FL 33612
      View Details
    • Contact for pricing

      Medical/Professional Office Building For Sale

      17,500 SF medical/professional office building with spaces for lease.
      10549 N Florida Ave, Tampa, FL 33612
      View Details
    • Contact for pricing

      Medical/Professional Office Building For Sale

      17,500 SF medical/professional office building with ample parking.
      10549 N Florida Ave, Tampa, FL 33612
      View Details
    • $575,000

      Professional Condo Building in Tampa

      Stand-alone commercial condo with flexible space in prime location.
      13302 Winding Oak Ct, Tampa, FL 33612
      View Details
    • $525,000
      2,112 SF

      Versatile Tampa Medical Office Building

      Move-in ready office building near USF, ideal for investors.
      13308 Winding Oak Ct, Tampa, FL 33612
      View Details
    • Contact for pricing
      2,112 SF

      Tampa Commercial Condo Building For Sale

      Stand-alone commercial condo building in Tampa, suitable for professional or medical uses.
      13302 Winding Oak Ct, Tampa, FL 33612
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      156,880 SF

      Floriland Office Center: Tampa, FL

      Prime Tampa Office Space: 22,419 - 122,648 SF
      9309 Florida Ave, Tampa, FL 33612
      View Details
    • $66,000

      Versatile Tampa Commercial Space

      Ideal for salon, spa, medical, or offices in Tampa.
      9729 N Armenia Ave, Tampa, FL 33612
      View Details
    • Contact for pricing
      1,670 SF

      Retail, Medical, or Office Space

      Retail, medical, or office spaces available near University of South Florida.
      2701-2711 University Square Dr, Tampa, FL 33612
      View Details
    • Contact for pricing
      1,700 SF

      Medical Office Space Available

      8,200 SF medical office space for rent.
      12206 Bruce B Downs Blvd, Tampa, FL 33612
      View Details
    • Contact for pricing

      Former Dental Clinic Available

      Former dental clinic available for rent.
      10549 N Florida Ave, Tampa, FL 33612
      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.
    9309 Florida Ave & Nec Of Busch Blvd
    Tampa, FL 33612
    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

    Thank You for Inquiry
    9309 Florida Ave & Nec Of Busch Blvd, Tampa, FL, 33612
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!