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    11205 Sheldon Rd Tampa, FL 33625
    Property profile & analytics

    11205 Sheldon Rd, Tampa, FL 33625

    View on Map
    • Lifestyle centers
    Off-Market
    Property ID
    US18-1174442
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Flippers Express Wash / Car Wash
    • Sheldon Plaza Llc / Car Wash

    Property Details for 11205 Sheldon Rd

    Year built
    2004
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional Tampa, Florida retail property, located at 11205 Sheldon Rd, 33625, presents a lucrative investment opportunity. Built in 2004, this multi-faceted complex boasts a convenience store, shopping center, and car wash, all generating substantial income. The property's strong performance is reflected in its impressive 9.13% cap rate and $840,000 NOI. A key component is an established United States Postal Office tenant, providing consistent monthly revenue. The diverse tenant mix ensures a steady stream of customers, maximizing profitability. This Hillsborough County location offers easy access for both local residents and commuters, further enhancing its appeal. The asking price is $9,200,000, representing a compelling return on investment for discerning buyers seeking a high-yield, diversified retail portfolio addition. This turnkey operation requires minimal operational oversight, making it an ideal investment for both seasoned investors and those seeking passive income generation. The property's strategic location and diverse revenue streams position it for continued growth and success in the thriving Tampa market. This is a rare opportunity to acquire a well-established, high-performing retail complex in a prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.5822381
    Latitude
    28.051886

    Comparable in this City

    • $900,000
      Pending

      Two Acre Development Opportunity

      Two acre land parcel for development in Tampa, Florida.
      12853 Olive Jones Rd, Tampa, FL 33625
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    • $875,000
      Pending

      Prime Tampa Professional Office Suites

      Two contiguous office suites in a high-traffic Tampa location.
      6938 W Linebaugh Ave, Tampa, FL 33625
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    • $250,000
      0.12 Acres

      Land in Prime Tampa Location

      Padded land ready for development in a desirable Tampa location.
      44 Avonwood St, Tampa, FL 33625
      View Details
    • $300,000
      0.13 Acres

      Cleared Homesite Ready for Construction

      Cleared lot in desirable location, ready for custom build.
      410 Skytrail, Tampa, FL 33625
      View Details
    • $290,000
      0.13 Acres

      Cleared Homesite in Tampa, FL

      Cleared lot ready for new construction in a desirable location.
      310 Skytrail, Tampa, FL 33625
      View Details

    Similar Nearby for Sale

    • $900,000
      Pending

      Two Acre Development Opportunity

      Two acre land parcel for development in Tampa, Florida.
      12853 Olive Jones Rd, Tampa, FL 33625
      View Details
    • $875,000
      Pending

      Prime Tampa Professional Office Suites

      Two contiguous office suites in a high-traffic Tampa location.
      6938 W Linebaugh Ave, Tampa, FL 33625
      View Details
    • $250,000
      0.12 Acres

      Land in Prime Tampa Location

      Padded land ready for development in a desirable Tampa location.
      44 Avonwood St, Tampa, FL 33625
      View Details
    • $300,000
      0.13 Acres

      Cleared Homesite Ready for Construction

      Cleared lot in desirable location, ready for custom build.
      410 Skytrail, Tampa, FL 33625
      View Details
    • $290,000
      0.13 Acres

      Cleared Homesite in Tampa, FL

      Cleared lot ready for new construction in a desirable location.
      310 Skytrail, Tampa, FL 33625
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Citrus Park Town Center Mall

      Retail space available in Citrus Park Town Center Mall.
      8021 Citrus Park Town Center Mall, Tampa, FL 33625
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space in Citrus Park

      Retail space available in a well-located shopping center.
      12845 Citrus Park Plz Dr, Tampa, FL 33625
      View Details
    • Contact for pricing

      Retail Space Near Citrus Park

      Power center retail space conveniently located near Westfield Citrus Park.
      12845 Citrus Park Dr, Tampa, FL 33625
      View Details
    • Contact for pricing

      Citrus Park Power Center Space

      Retail space in a power center near Citrus Park Town Center.
      12845 Citrus Park Town Center Mall, Tampa, FL 33625
      View Details
    • Contact for pricing

      Citrus Park Retail Space Available

      Retail spaces available in a power center near Westfield Mall.
      12845 Citrus Park Plz Dr, Tampa, FL 33625
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    • Contact for pricing
      4,954 SF

      Freestanding Retail Building For Rent

      4,954 SF freestanding building on 1.73 acre outparcel.
      7805 Gunn Hwy, Tampa, FL 33625
      View Details

    Property Visit Statistics

    • Visits by month
      759
    • Visitors by month
      1.0k
    • Avg Time on site
      31 min
    Request Owner's contact information
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    11205 Sheldon Rd
    Tampa, FL 33625
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    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
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