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    Property profile & analytics

    3800 Tampa Rd Oldsmar, FL 34677

    • Strip malls
    • 14,480 SF
    • 1.51 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-3686099
    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

    • Domino's Pizza / Take-out & Catering
    • Total by Verizon / Mobile Phone Store / Electronics & Wireless Store
    • The Back Nine Golf | Oldsmar, FL / Golf Course
    • Pinch A Penny Pool Patio Spa / (Bike/Boat/Book/etc) Store / Hardware & Home Improvement
    • Home Floors Design Center / Carpet & Flooring Store / Hardware & Home Improvement

    Property Details for 3800 Tampa Rd

    Year built
    1986
    Construction
    CONCRETE BLOCKS
    Lot size
    1.51 lot acres
    Property size
    14,480 SF
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    23-28-16-63936-069-0050
    APU
    232816639360690050

    Description

    Audubon Plaza, located at 3800 Tampa Road in Oldsmar, Florida (zip code 34677), offers a prime retail leasing opportunity. This 14,400 square foot multi-tenant building features one immediately available space of 780 square feet, ideal for medical or office use. The property boasts exceptional street visibility due to its Tampa Road frontage, providing significant exposure to high traffic volume. Pylon signage is available, enhancing marketing and brand recognition. Access to the property is convenient and straightforward. The building has been under the same ownership and property management since 1986, ensuring consistent upkeep and reliable management. This long-standing ownership demonstrates a commitment to the property's success and stability. Flexible lease terms and competitive rates are available to suit various business needs. The property's location in Oldsmar, Florida offers a strong market for retail businesses, particularly those catering to the local community. This is a rare opportunity to secure a well-located retail space with excellent visibility and a proven track record. Interested parties should inquire for further details and to discuss lease options.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,681,000
      Market price range: $2.06M - $6.43M
      AI Estimate
      $2,681,000
      Market price range: $2.06M - $6.43M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $4,020,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $3,655,000
      Change: -9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Oldsmar
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6746
    Latitude
    28.0419
    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
    $29,502
    $0.00
    $0.00
    $1,740,000
    -
    $879,562
    $860,438
    $1,740,000

    Comparable in this City

    • Value Estimation
      $2,505,000
      6,124 SF

      3180 Tampa Rd

      SHOPPING CENTER, STRIP CENTER • 6,124 SF
      3180 Tampa Rd, Oldsmar, FL 34677-2297
      View Details
    • Value Estimation by Request
      780 SF

      3675 State Rd 580th W

      SHOPPING CENTER, STRIP CENTER • 780 SF
      3675 State Rd 580th W, Oldsmar, FL 34677-5617
      View Details
    • Value Estimation
      $1,835,000
      6,220 SF

      161 Douglas W Rd

      SHOPPING CENTER, STRIP CENTER • 6,220 SF
      161 Douglas W Rd, Oldsmar, FL 34677-2818
      View Details
    • Value Estimation
      $575,000
      3,500 SF

      200 Saint Petersburg W Dr

      SHOPPING CENTER, STRIP CENTER • 3,500 SF
      200 Saint Petersburg W Dr, Oldsmar, FL 34677-3544
      View Details
    • Value Estimation
      $3,730,000
      12,167 SF

      3730 Tampa Rd

      SHOPPING CENTER, STRIP CENTER • 12,167 SF
      3730 Tampa Rd, Oldsmar, FL 34677-6301
      View Details
    • Value Estimation
      $500,000
      3,520 SF

      201 Saint Petersburg E Dr

      SHOPPING CENTER, STRIP CENTER • 3,520 SF
      201 Saint Petersburg E Dr, Oldsmar, FL 34677-3709
      View Details

    Similar Nearby for Sale

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      Oldsmar Auto Repair Shop - $625K

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      3,850 SF

      Retail/Office Condo on Tampa Road

      Large condo suitable for retail, office, or medical use.
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    • $415,000
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      OLDSMAR, FL - Land Opportunity

      0.55 acre lot suitable for development in OLDSMAR, FL.
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    • $1,750,000
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      Renovated Flex Space in Oldsmar

      Turn-key flex industrial/office property with recent improvements, ideal for investors.
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      Oldsmar Industrial Land For Sale

      5.6 acre industrial land with 2.21 buildable acres.
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    • $415,000

      Commercial Lot on Tampa Road

      0.55 acre lot suitable for development.
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Spaces on Tampa Road

      Retail spaces available in Oldsmar, excellent visibility and access.
      4022-4058 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
      1,381 SF

      Retail Spaces on Tampa Road

      Retail spaces available with high visibility and multiple access points.
      4022-4040 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
    • Contact for pricing
      915 SF

      Retail Spaces in Anchored Center

      Retail and restaurant spaces available in a busy shopping center.
      3150 Tampa Rd, Oldsmar, FL 34677
      View Details
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    Oldsmar, FL 34677
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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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