Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    187 Brandon Town Center Dr Brandon, FL 33511
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    187 Brandon Town Center Dr Brandon, FL 33511

    View on Map
    • Outlet malls
    • 122,752 SF
    • 9.09 lot acres
    For Lease
    View Listing →
    187 Brandon Town Center Dr, Brandon, FL 33511 For Lease
    Contact for pricing

    187 Brandon Town Center Dr, Brandon, FL 33511

    Retail space available in a Target-anchored power center.

    187 Brandon Town Center Dr, Brandon, FL 33511
    View Listing
    Property ID
    US18-5369501
    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

    • Fade_express / Barber Shop
    • Target Grocery / Grocery & Convenience Store / Food Market
    • Cardtronics ATM / Atm
    • Chau N. Nguyen, PharmD / Pharmacy
    • Roshni Shah, PharmD / Pharmacy

    Property Details for 187 Brandon Town Center Dr

    Year built
    1992
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    9.09 lot acres
    Property size
    122,752 SF
    Zone code
    PD
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    U292920ZZZ000002690500
    APU
    U292920ZZZ000002690500

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $17,091,000
      Market price range: $12.7M - $39.3M

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

    Location Insight

    • Map
    • Local Demand
    City
    Brandon
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3237
    Latitude
    27.9359
    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
    $168,679
    $6,176,982
    $3,100,818
    $9,277,800
    -
    $6,176,982
    $3,100,818
    $9,277,800

    Comparable in this City

    • Value Estimation
      $24,630,000
      248,795 SF

      11110 Cswy Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 248,795 SF
      11110 Cswy Blvd, Brandon, FL 33511-2900
      View Details
    • Value Estimation
      $15,010,000
      165,085 SF

      11375 Cswy Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 165,085 SF
      11375 Cswy Blvd, Brandon, FL 33511-2904
      View Details
    • Value Estimation
      $16,430,000
      167,609 SF

      1515 Brandon Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 167,609 SF
      1515 Brandon Blvd, Brandon, FL 33511-5600
      View Details
    • Value Estimation
      $14,985,000
      141,818 SF

      2021 Brandon Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 141,818 SF
      2021 Brandon Blvd, Brandon, FL 33511-4701
      View Details
    • Value Estimation
      $23,450,000
      232,670 SF

      1208 Brandon Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 232,670 SF
      1208 Brandon Blvd, Brandon, FL 33511-5529
      View Details
    • Value Estimation
      $4,110,000
      29,844 SF

      1106 Brandon Blvd

      WHOLESALE OUTLET, DISCOUNT STORE • 29,844 SF
      1106 Brandon Blvd, Brandon, FL 33511-5517
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Lake Brandon Village Retail Center

      102,022 SF, 4-tenant center in Brandon, Florida.
      11335 Causeway Blvd, Brandon, FL 33511
      View Details
    • $3,500,000
      6,800 SF

      Town Center Retail Investment

      High-return retail space, prime location.
      2016 Town Center Blvd, Brandon, FL 33511
      View Details
    • $365,000
      1,304 SF

      Freestanding Brandon Commercial Office Building

      Commercial office building in Brandon with tenant in place.
      109 E Robertson St, Brandon, FL 33511
      View Details
    • $325,000
      10,010 SF

      Established Retail Business Opportunity

      Discount retail business with strong customer loyalty on major thoroughfare.
      1423 E Brandon Blvd, Brandon, FL 33511
      View Details
    • Contact for pricing
      1,280 SF

      142 S MOON AVENUE, BRANDON, FL 33511

      Storefront properties • 1,280 SF
      142 S Moon Ave, Brandon, FL 33511
      View Details
    • Contact for pricing
      25,000 SF

      25,000 SF Retail Space Available

      25,000 SF retail space with high traffic count.
      610-640 E Brandon Blvd, Brandon, FL 33511
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,142 SF

      Retail Space Near Westfield Mall

      Retail space available near Westfield Brandon Mall with high visibility.
      11007-11011 Causeway Blvd, Brandon, FL 33511
      View Details
    • Contact for pricing

      Retail Space in Power Center

      Retail space available in a Target-anchored power center.
      187 Brandon Town Center Dr, Brandon, FL 33511
      View Details
    • Contact for pricing

      Retail Space Near Brandon Mall

      15,652 SF retail space near Brandon Exchange Mall.
      328 Brandon Town Center Dr, Brandon, FL 33511
      View Details
    • Contact for pricing
      4,020 SF

      Retail Space in Lithia Square

      Neighborhood shopping center anchored by Walmart Neighborhood Market.
      901-927 Lithia Pinecrest Rd, Brandon, FL 33511
      View Details
    • Contact for pricing
      1,068 SF

      Retail Space Anchored by Publix

      Retail space available in Valrico, anchored by Publix.
      1901-1999 E Brandon Blvd, Valrico, FL 33511
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space in Brandon Center

      Retail property in a high-density area near Tampa.
      11381-11385 Causeway Blvd, Brandon, FL 33511
      View Details

    Property Visit Statistics

    • Visits by month
      168.1k
    • Visitors by month
      119.5k
    • Avg Time on site
      31 min
    View Listing
    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.
    187 Brandon Town Center Dr
    Brandon, FL 33511
    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!