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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    15711 Mapledale Blvd Greater Northdale, FL 33624

    • Office Properties & Spaces
    • 8,262 SF
    • 0.84 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 15711 Mapledale Blvd

    Year built
    1999
    Lot size
    0.84 lot acres
    Property size
    8,262 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional 8,262 square foot executive office building, located at 15711 Mapledale Blvd in Tampa, Florida (33624), presents a compelling investment opportunity. The property, known as the Mapledale Professional Center, boasts 100% occupancy, generating a strong net operating income (NOI) of $143,761 and a 6.25% capitalization rate. Built in 1999 and renovated in 2015, this single-story building sits on a 0.84-acre lot and features 46 surface parking spaces (a 5.5/1000 ratio). The parking lot was repaved and restriped in 2020. The asking price is $2,300,000, translating to $278.38 per square foot. The property is zoned PD and is currently under the ownership of Mapledale Partners, LLC. This multi-tenant building offers a stable income stream and significant potential for future growth within the Greater Northdale area of Hillsborough County. The property's strong financials, combined with its desirable location and recent improvements, make it an attractive investment for discerning buyers. The APN is 016353-6000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Greater Northdale
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.5064
    Latitude
    28.0973

    Comparable in this City

    • Value Estimation
      $470,000
      2,112 SF

      5121 Ehrlich Rd Ste, Unit 106

      CONDOMINIUM OFFICES • 2,112 SF
      5121 Ehrlich Rd Ste, Tampa, FL 33624-2049
      View Details
    • Value Estimation
      $470,000
      2,112 SF

      5121 Ehrlich Rd Ste, Unit 103

      CONDOMINIUM OFFICES • 2,112 SF
      5121 Ehrlich Rd Ste, Tampa, FL 33624-2049
      View Details
    • Value Estimation
      $465,000
      2,112 SF

      5121 Ehrlich Rd Ste, Unit 107

      CONDOMINIUM OFFICES • 2,112 SF
      5121 Ehrlich Rd Ste, Tampa, FL 33624-2049
      View Details
    • Value Estimation
      $470,000
      2,112 SF

      5121 Ehrlich Rd Ste, Unit 109

      CONDOMINIUM OFFICES • 2,112 SF
      5121 Ehrlich Rd Ste, Tampa, FL 33624-2072
      View Details
    • Value Estimation
      $490,000
      2,068 SF

      14914 Casey Rd, Unit 1

      CONDOMINIUM OFFICES • 2,068 SF
      14914 Casey Rd, Tampa, FL 33624-2317
      View Details
    • Value Estimation
      $470,000
      1,980 SF

      14926 Casey Rd, Unit 4

      CONDOMINIUM OFFICES • 1,980 SF
      14926 Casey Rd, Tampa, FL 33624-2317
      View Details

    Similar Nearby for Sale

    • $1,400,000
      5,050 SF

      Professional Office Building For Sale

      Well-maintained office building with two units, strong investment opportunity.
      4242-4244 W Linebaugh Ave, Tampa, FL 33624
      View Details
    • $1,345,000
      4,500 SF

      Professional Office in Crowne Point

      4,500 SF professional office space for sale.
      4260 W Linebaugh Ave, Tampa, FL 33624
      View Details
    • New
      $950,000
      2.41 Acres

      Vacant Lot in Carrollwood, Tampa

      Potentially commercially zoned vacant lot in the desirable Carrollwood area.
      5927 Lynn Rd, Tampa, FL 33624
      View Details
    • $150,000

      Ready-to-Build Site in Central Location

      Centrally located land with existing utilities, ready for development.
      12321 Cambridge Ave, Tampa, FL 33624
      View Details
    • New
      $950,000
      2.41 Acres

      Prime Land in Tampa, FL

      Commercially zoned vacant lot in Tampa's desirable Carrollwood area.
      5927 Lynn Rd, Tampa, FL 33624
      View Details
    • $1,750,000

      Specialty Property in Tampa, Florida

      Specialty property available for sale in Tampa, Florida.
      15509 Casey Rd, Tampa, FL 33624
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr
      40,000 SF

      Tampa Office Space: 40,000 SF

      Class A Office, Newly Renovated
      4406 Linebaugh Ave, Tampa, FL 33624
      View Details
    • $2,900,000
      4,212 SF

      Tampa Office Building For Rent

      High-quality office building in Tampa, Florida, built in 2007.
      5252 Ehrlich Rd, Tampa, FL 33624
      View Details
    • $22 SF/Yr
      2,623 SF

      Office Space with Atrium Entrance

      Two-story office building featuring a prominent atrium entrance.
      3810 Northdale Blvd, Tampa, FL 33624
      View Details
    • $23 SF/Yr

      Office Building with Extensive Glass

      42,930 SF office building featuring extensive glass in Tampa.
      4014 Gunn Hwy #110, Tampa, FL 33624
      View Details
    • $23 SF/Yr

      Garden-Style Office Building For Rent

      38,891 SF garden-style office in Northwest Tampa's Carrollwood area.
      4010 Gunn Hwy #220, Tampa, FL 33624
      View Details
    • $2,083 /Mo
      1,000 SF

      Carrollwood Area Professional Office Space

      Professional office space in a sought-after Carrollwood location.
      14926-14928 Casey Rd, Tampa, FL 33624
      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.
    15711 Mapledale Blvd
    Greater Northdale, FL 33624
    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.