Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    17759 Gunn Hwy Odessa, FL 33556

    • Strip malls
    • 7,851 SF
    • 1.05 lot acres
    OFF-MARKET
    Value Estimations
    $1,255,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-5543162
    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.

    Current Use by Public Records

    • Strip malls

    Property Details for 17759 Gunn Hwy

    Year built
    2008
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.05 lot acres
    Property size
    7,851 SF
    Zone code
    PD
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    U142717001000000095704
    APU
    U142717001000000095704

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,455,000
      6.5%
      $1,345,000
      7%
      $1,245,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,915,000
      Current use
      OFFICE BUILDING
      $2,040,000
      Change: +6% Conversion: Moderate
      MEDICAL BUILDING
      $1,945,000
      Change: +2% Conversion: Difficult
      RETAIL STORES
      $1,710,000
      Change: -11% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,655,000
      Change: -14% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.5745
    Latitude
    28.1297
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,179
    $445,117
    $1,060,983
    $1,506,100
    -
    $445,117
    $1,060,983
    $1,506,100

    Comparable in this City

    • Value Estimation
      $3,075,000
      32,085 SF

      16824 Gunn Hwy

      SHOPPING CENTER, STRIP CENTER • 32,085 SF
      16824 Gunn Hwy, Odessa, FL 33556-2428
      View Details
    • Value Estimation
      $1,585,000
      12,160 SF

      8525 Gunn Hwy

      SHOPPING CENTER, STRIP CENTER • 12,160 SF
      8525 Gunn Hwy, Odessa, FL 33556
      View Details
    • Value Estimation
      $1,945,000
      17,540 SF

      8709 Gunn Hwy

      SHOPPING CENTER, STRIP CENTER • 17,540 SF
      8709 Gunn Hwy, Odessa, FL 33556-3210
      View Details
    • Value Estimation by Request
      1.09 Acres

      12382 State Road 54

      Neighborhood centers • 1.09 Acres
      12382 State Road 54, Odessa, FL 33556
      View Details
    • Value Estimation
      $6,280,000
      53,443 SF

      17621 Gunn Hwy

      REGIONAL SHOPPING CENTER, MALL • 53,443 SF
      17621 Gunn Hwy, Odessa, FL 33556-1912
      View Details
    • Value Estimation
      $27,975,000
      170,496 SF

      16400 State Rd 54

      WHOLESALE OUTLET, DISCOUNT STORE • 170,496 SF
      16400 State Rd 54, Odessa, FL 33556-3720
      View Details

    Similar Nearby for Sale

    • $3,600,000

      New Retail Building For Sale

      10,000 SF retail building anchored by Dollar Tree.
      11820 State Road 54, Odessa, FL 33556
      View Details
    • $3,600,000

      New Retail Building For Sale

      10,000 sq ft retail building anchored by Dollar Tree.
      11820 State Road 54, Odessa, FL 33556
      View Details
    • $399,988
      Pending

      Spacious Land with Storage Building

      0.57-acre parcel with storage building in Odessa, Florida.
      13229 Interlaken Rd, Odessa, FL 33556
      View Details
    • $5,250,000
      49.80 Acres

      Prime Odessa Land Parcel

      Exceptional 49.8-acre property in the heart of Odessa, Florida.
      16405 Boy Scout Rd, Odessa, FL 33556
      View Details
    • $4,999,000

      Land For Sale

      Land available for purchase.
      17924 Simms Rd, Odessa, FL 33556
      View Details
    • $5,995,000
      12.44 Acres

      Equestrian Estate with Lakefront Acreage

      Gated 12+ acre lakefront parcel with new barn and garage.
      10101 Tarpon Springs Rd, Odessa, FL 33556
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,194 SF

      Retail Space in Growing Community

      Retail space in a rapidly growing residential market.
      12474 State Road 54, Odessa, FL 33556
      View Details
    • Contact for pricing

      Premier Odessa Retail Pad Site

      Prime 1-acre pad site for lease.
      12382 State Road 54, Odessa, FL 33556
      View Details
    • Contact for pricing

      Land on State Road 54

      1.088 acre site on State Road 54 available for lease.
      12382 State Road 54, Odessa, FL 33556
      View Details
    • $1,247,325

      Odessa Office/Retail Facility For Lease

      190,320 RSF facility divisible to 30,000 SF in Odessa, FL.
      16400 State Road 54, Odessa, FL 33556
      View Details
    • Contact for pricing
      17,122 SF

      Odessa Medical Office Space for Lease

      Modern medical suites in thriving Starkey Ranch.
      12311 State Road 54, Odessa, FL 33556
      View Details
    • $51 SF/Yr
      9,000 SF

      Gunn Hwy Odessa Retail Space

      Prime Odessa Retail, Multiple Units Available
      2252 Gunn Hwy, Odessa, FL 33556
      View Details

    Property Visit Statistics

    • Visits by month
      5.1k
    • Visitors by month
      4.6k
    • Avg Time on site
      54 min
    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.
    17759 Gunn Hwy
    Odessa, FL 33556
    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.
    Sign Up Successful!
    You now have access to more from Realmo!