12108 N 56Th St Temple Terrace, FL 33617
For Lease
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG · Temple Terrace, FLTemple Terrace. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.