Property profile

609 Robertson St Brandon, FL 33511

OFF-MARKET
Auto shops
Property ID
US18-2923051
5,010 SF 0.41 ac lot Built 1976
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 4,650 square foot, single-story Midas Auto Services franchise located at 609 W Robertson St, Brandon, FL 33511. The property sits on a 0.41-acre lot and boasts a 6.75% cap rate with a Net Operating Income (NOI) of $97,792. The absolute NNN lease, with the tenant responsible for all property expenses, including taxes, insurance, and maintenance, ensures minimal landlord responsibilities. The current lease, with a franchisee tenant, commenced August 1, 2023, and has a remaining term of approximately 3.7 years, plus two five-year renewal options. Built in 1976 and renovated in 2005, the property benefits from its strategic location in Brandon, Florida, a thriving suburb of Tampa, with high traffic counts (61,500 AADT on nearby W Brandon Boulevard) and strong demographics. Within a three-mile radius, the population exceeds 103,719, and the average household income surpasses $100,766. The property is zoned CG - General Commercial - Hillsborough County, and its proximity to major retail centers, including the Brandon Mall and Brandon Exchange, further enhances its value and potential for long-term growth. This is a rare opportunity to acquire a stable, high-performing asset with a nationally recognized tenant and significant upside potential. The asking price is $1,448,770.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1976
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,010 SF
Lot 0.41 ac (18,000 SF)
Zoning code CG
APN U272920ZZZ000002652900
UPID US18-2923051

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop

Location

609 Robertson St Brandon, FL 33511-4919
Brandon metro Census 13311 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.09M
CAP Approach CAP
by Request
Comparable Approach Comparable
$930k
Blend (final) Blend
$1.08M

Owner & transaction history

since 2025
Last sale
$1.1M
5 recorded transactions
2025
$1.3M
2021
$1.1M
2012
$730,000
2007
$675,000
1998
$667,000

Zoning & alternative use

CG · Brandon, FL
Top alternative use upside
Apartment house (5+ units) $1.8M +87.0%
Neighborhood: shopping center $1.2M +29.3%
Retail stores $1.2M +22.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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