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Property profile & analytics
FOR LEASE
Office buildings

12108 N 56Th St Temple Terrace, FL 33617

11,890 SF 1.03 ac lot Built 1987
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-0449564
Property summary
AI-generated overview

Palm Plaza, located at 12108 N 56th St, Temple Terrace, FL 33617, offers a diverse range of office spaces ideal for various business needs. This two-story, Class B building, constructed in 1986, encompasses 12,343 square feet and features ten suites, accommodating businesses of all sizes. The property is currently offering 3,000 square feet of vacant space, with units ranging from a minimum of 600 square feet to a maximum contiguous space of 3,000 square feet. The building's diverse subtypes include medical, executive, creative, and traditional office spaces, as well as retail options, making it a versatile location for a variety of tenants. Second-floor units, ranging from 600 to 1200 square feet, each include a private bathroom. The building is well-maintained and professionally managed. Its convenient location near the University of South Florida (USF) provides excellent access to a skilled workforce and a vibrant community. While there is no elevator, the building's two-story design ensures easy accessibility to most units. This property presents a unique opportunity for businesses seeking a well-located, versatile, and well-maintained office space in the thriving Temple Terrace market. The property is situated in Hillsborough County.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,890 SF
Lot 1.03 ac (44,704 SF)
Zoning code CG
APN T1028191HK000000000001
UPID US18-0449564
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.32M
Comparable Approach Comparable
$1.23M
Blend (final) Blend
$1.27M
Owner & transaction history
Linked Capital Group Fund 2 LLC · 1 yrs held
Linked Capital Group Fund 2 LLC
since 2025
7 recorded transactions
2025
$1.5M
2020
Price N/A
2014
$775,000
2013
$100
2005
$946,400
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CG · Temple Terrace, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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