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    Property profile & analytics

    3500 Tampa Rd Oldsmar, FL 34677-6314

    • Car washes
    • 1,006 SF
    • 1.45 lot acres
    OFF-MARKET
    Last Sale
    Nov 22, 2021
    $5,161,300
    Value Estimations
    $5,620,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-8339242
    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

    • Tidal Wave Auto Spa | Car Wash / Car Wash

    Property Details for 3500 Tampa Rd

    Year built
    2020
    Construction
    CONCRETE BLOCKS
    Lot size
    1.45 lot acres
    Property size
    1,006 SF
    Property type
    Car washes
    APN
    15-28-16-62931-000-0010
    APU
    152816629310000010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,530,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Oldsmar
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6923
    Latitude
    28.0478
    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
    $28,779
    $0.00
    $0.00
    $1,650,032
    -
    $772,566
    $877,466
    $1,650,032

    Comparable in this City

    • Value Estimation
      $960,000
      2,947 SF

      3695 Tampa Rd

      CAR WASH • 2,947 SF
      3695 Tampa Rd, Oldsmar, FL 34677-6307
      View Details
    • Value Estimation
      $7,905,000
      38,028 SF

      240 Vollmer Ave

      AUTO REPAIR, GARAGE • 38,028 SF
      240 Vollmer Ave, Oldsmar, FL 34677-2985
      View Details
    • Value Estimation by Request
      980 SF

      600 St Petersburg Dr

      Automotive properties • 980 SF
      600 St Petersburg Dr, Oldsmar, FL 34677
      View Details
    • Value Estimation
      $2,195,000
      10,560 SF

      650 Douglas E Rd

      AUTO REPAIR, GARAGE • 10,560 SF
      650 Douglas E Rd, Oldsmar, FL 34677-4908
      View Details
    • Value Estimation
      $1,545,000
      3,324 SF

      175 Frst Lk S Blvd

      AUTO REPAIR, GARAGE • 3,324 SF
      175 Frst Lk S Blvd, Oldsmar, FL 34677-3028
      View Details
    • Value Estimation
      $1,625,000
      4,536 SF

      3691 State Rd 580th W

      AUTO REPAIR, GARAGE • 4,536 SF
      3691 State Rd 580th W, Oldsmar, FL 34677-5635
      View Details

    Similar Nearby for Sale

    • $625,000
      1,350 SF

      Oldsmar Auto Repair Shop - $625K

      Thriving Auto Repair Business - Turnkey Operation
      600 Saint Petersburg Dr, Oldsmar, FL 34677
      View Details
    • Contact for pricing

      Oldsmar Industrial Land For Sale

      5.6 acre industrial land with 2.21 buildable acres.
      Commerce Blvd, Oldsmar, FL 34677
      View Details
    • $415,000
      0.55 Acres

      OLDSMAR, FL - Land Opportunity

      0.55 acre lot suitable for development in OLDSMAR, FL.
      300 Douglas Rd W, Oldsmar, FL 34677
      View Details
    • $1,860,000
      6,100 SF

      Renovated Flex Space in Oldsmar

      Turn-key flex industrial/office property with recent improvements, ideal for investors.
      325 Mears Blvd, Oldsmar, FL 34677
      View Details
    • New
      $200,000
      0.19 Acres

      Vacant Lot in Oldsmar, FL

      Buildable lot in a desirable, growing community near Safety Harbor.
      503 Buckingham Ave W, Oldsmar, FL 34677
      View Details
    • $320,000
      Pending

      Commercial Acreage in Growing Oldsmar

      0.55 acres in Oldsmar's growing downtown, near upcoming developments.
      St Petersburg Dr, Oldsmar, FL 34677
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      14,400 SF

      Audubon Plaza Retail Space for Lease

      Oldsmar, FL Retail Space - High Visibility
      3800 Tampa Rd, Oldsmar, FL 34677
      View Details
    • Contact for pricing

      Retail Space at Forrest Lakes Plaza

      Retail spaces available at busy Tampa Road and Forest Lakes.
      3711 Tampa Rd, Oldsmar, FL 34677
      View Details
    • Contact for pricing
      31,120 SF

      Prime Oldsmar Retail Center

      12-suite shopping center, 2,310 SF available
      4013 Tampa Rd, Oldsmar, FL 34677
      View Details
    • Contact for pricing

      Retail Space in Palm Harbor

      Grocery anchored shopping center with outparcel opportunities in Palm Harbor.
      Tampa Rd, Oldsmar, FL 34677
      View Details
    • $16 SF/Yr
      10,511 SF

      Oldsmar Office Space For Lease

      10,511 SF Office Building, 2,100 SF Available
      120 Commerce Blvd, Oldsmar, FL 34677
      View Details
    • Contact for pricing
      300 SF

      Oldsmar Office Suites - Tampa Road

      Prime Oldsmar Office Space Available
      3980 Tampa Rd, Oldsmar, FL 34677
      View Details

    Property Visit Statistics

    • Visits by month
      25.9k
    • Visitors by month
      16.2k
    • Avg Time on site
      15 min
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    Oldsmar, FL 34677-6314
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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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