Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    605 Bloomingdale Ave Brandon, FL 33511-8112
    Property profile & analytics

    605 Bloomingdale Ave, Brandon, FL 33511-8112

    View on Map
    • Office buildings
    • 7,954 SF
    • 4.52 lot acres
    Off-Market
    Property ID
    US18-4202988
    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
    $1,145,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Assured Mental & Physical Health, LLC / Medical Clinic
    • DoctorBlind's Blinds & Shades of Brandon / (Bike/Boat/Book/etc) Store / Home Decor Store
    • Sunnyside Enterprise llc / Construction Company
    • Beauty Plus of Riverview / Hair Salon / Nail Salon
    • Brandon Equine Medical Center / Veterinary Clinic

    Property Details for 605 Bloomingdale Ave

    Year built
    1995
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    4.52 lot acres
    Zone code
    AS-1
    Property type
    Office buildings
    APN
    U113020ZZZ000002867400
    APU
    U113020ZZZ000002867400

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,088,000
      Market price range: $1.04M - $2.03M
      AI Estimate
      $817,000
      Market price range: $727k - $1.59M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,540,000
      Current use
      RETAIL STORES
      $1,835,000
      Change: +19% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $1,675,000
      Change: +9% Conversion: Easy
      MEDICAL BUILDING
      $1,645,000
      Change: +7% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,500,000
      Change: -2% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Brandon
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.275
    Latitude
    27.891
    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
    $16,048
    $342,540
    $563,860
    $906,400
    -
    $342,540
    $563,860
    $906,400

    Comparable in this City

    • Value Estimation
      $2,335,000
      15,460 SF

      1210 Millennium Pkwy

      OFFICE BUILDING
      1210 Millennium Pkwy, Brandon, FL 33511-4896
      View Details
    • Value Estimation
      $2,280,000
      9,157 SF

      1335 Oakfield Dr

      OFFICE BUILDING
      1335 Oakfield Dr, Brandon, FL 33511-4823
      View Details
    • Value Estimation
      $910,000
      3,648 SF

      1147 Professional Park Dr

      OFFICE BUILDING
      1147 Professional Park Dr, Brandon, FL 33511-4887
      View Details
    • Value Estimation
      $1,115,000
      4,474 SF

      1110 Brandon Blvd

      OFFICE BUILDING
      1110 Brandon Blvd, Brandon, FL 33511-4128
      View Details
    • Value Estimation
      $3,150,000
      12,648 SF

      1037 Brandon Blvd

      OFFICE BUILDING
      1037 Brandon Blvd, Brandon, FL 33511-5515
      View Details
    • Value Estimation
      $1,375,000
      8,188 SF

      220 Hilltop Rd

      OFFICE BUILDING
      220 Hilltop Rd, Brandon, FL 33511-4826
      View Details

    Similar Nearby for Sale

    • $365,000
      1,304 SF

      Freestanding Brandon Office Building For Sale

      Commercial office building in the heart of Brandon, Florida.
      109 E Robertson St, Brandon, FL 33511
      View Details
    • $365,000

      Freestanding Brandon Commercial Office Building

      Commercial office building in Brandon with tenant in place.
      109 E Robertson St, Brandon, FL 33511
      View Details
    • Contact for pricing
      10,920 SF

      Brandon Office Building For Sale

      Office building with 10,920 square feet of space.
      910 Oakfield Dr, Brandon, FL 33511
      View Details
    • $249,000
      Pending

      Medical Office Condo For Sale

      1,460 SF medical office condo near Brandon Regional Hospital.
      500 Vonderburg Dr, Brandon, FL 33511
      View Details
    • $249,900
      Pending

      Renovated Medical Office Condo

      Turnkey medical office in prime Brandon location.
      500 Vonderburg Dr, Brandon, FL 33511
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,638 SF

      Renovated Office Building in Brandon

      Freestanding, newly renovated office building with fenced yard for rent.
      711 Lithia Pinecrest Rd, Brandon, FL 33511
      View Details
    • Contact for pricing

      Office Space For Rent

      Office space available for rent in Brandon, Florida.
      350 East Robertson St, Brandon, FL 33511
      View Details
    • $119,284

      Move-in Ready Lab and Office

      Professional space suited for medical, biotech, or engineering users.
      1070 E Brandon Blvd, Brandon, FL 33511
      View Details
    • Contact for pricing

      Office Suites Available For Lease

      Office suites available for lease at 345 E Robertson St.
      345 E Robertson St, Brandon, FL 33511
      View Details
    • Contact for pricing
      Pending

      Prime Brandon Commercial Space Available

      Exceptional commercial property with high visibility and ample parking.
      1107 Lithia Pinecrest Rd, Brandon, FL 33511
      View Details
    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.
    605 Bloomingdale Ave
    Brandon, FL 33511-8112
    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

    Thank You for Inquiry
    605 Bloomingdale Ave, Brandon, FL, 33511
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!