Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6702 Benjamin Rd Tampa, FL 33634-4400

    • Warehouses
    • 16,800 SF
    • 9.41 lot acres
    OFF-MARKET
    Last Sale
    Jan 20, 2022
    Value Estimations
    $3,030,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0226921
    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

    • Westcoast Communication Services / Telecommunications Service
    • Westcoast Computer Services Inc. / Tech Support Center / IT Consulting Firm
    • Sentinel Security Systems, Inc. / Security Service
    • Superior Foundation Solutions / General Contractor / Construction Company
    • Westcoast Communication Services Inc. / Business To Business Service

    Property Details for 6702 Benjamin Rd

    Year built
    1982
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    9.41 lot acres
    Property size
    16,800 SF
    Zone code
    SPI-AP-5
    Property type
    Warehouses
    APN
    U312818ZZZ000001017300
    APU
    U312818ZZZ000001017300

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,130,000
      6.5%
      $3,810,000
      7%
      $3,540,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $3,340,000
      Current use
      MEDICAL BUILDING
      $4,540,000
      Change: +36% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $4,370,000
      Change: +31% Conversion: Moderate
      RETAIL STORES
      $3,730,000
      Change: +12% Conversion: Moderate
      OFFICE BUILDING
      $3,685,000
      Change: +10% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $3,240,000
      Change: -3% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.543
    Latitude
    28.0083
    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
    $189,777
    $2,034,986
    $9,590,114
    $11,625,100
    -
    $2,034,986
    $9,590,114
    $11,625,100

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      6021 Chelsea St

      STORAGE YARD (JUNK, SALVAGE) • 0.17 Acres
      6021 Chelsea St, Tampa, FL 33634
      View Details
    • Value Estimation
      $2,065,000
      27,091 SF

      5147 Clifton St

      MINI-WAREHOUSE, STORAGE • 27,091 SF
      5147 Clifton St, Tampa, FL 33634-8011
      View Details
    • Value Estimation
      $1,820,000
      19,396 SF

      6904 Cypress Park Dr

      MINI-WAREHOUSE, STORAGE • 19,396 SF
      6904 Cypress Park Dr, Tampa, FL 33634-4462
      View Details
    • Value Estimation
      $560,000
      1,869 SF

      6207 Hillsborough Ave

      MINI-WAREHOUSE, STORAGE • 1,869 SF
      6207 Hillsborough Ave, Tampa, FL 33634-5234
      View Details
    • Value Estimation by Request
      72,852 SF

      8130 Anderson Rd

      Manufacturing properties • 72,852 SF
      8130 Anderson Rd, Tampa, FL 33634
      View Details
    • Value Estimation by Request
      30,000 SF

      6610 Anderson Rd

      Distribution properties • 30,000 SF
      6610 Anderson Rd, Tampa, FL 33634
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,336 SF

      Office/Warehouse Property with Tenant Income

      12,246 SF office/warehouse with tenant income and owner-user potential.
      5620 W Sligh Ave, Tampa, FL 33634
      View Details
    • Contact for pricing
      332,798 SF

      Industrial Land Near Tampa Airport

      7.64 acres of industrial land near Tampa International Airport.
      6910 Benjamin Rd, Tampa, FL 33634
      View Details
    • Contact for pricing
      28,590 SF

      Tampa Industrial Opportunity on Quality

      Well-located industrial property near Tampa's major transportation corridors.
      4506 Quality Ln, Tampa, FL 33634
      View Details
    • Contact for pricing
      21,800 SF

      All Steel Storage Portfolio

      Two self-storage facilities in Tampa and Umatilla, Florida.
      5904 Johns Rd, Tampa, FL 33634
      View Details
    • $2,750,000

      Prime Commercial Land on Waters

      1.73 acre commercial land with high visibility.
      5711 W Waters Ave, Tampa, FL 33634
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      16,000 SF

      Industrial Warehouse Near Tampa Airport

      72,852 SF warehouse near Tampa and St. Pete airports.
      8130 Anderson Rd, Tampa, FL 33634
      View Details
    • Contact for pricing
      2,250 SF

      Warehouse Near Tampa Airport

      Warehouse space with access to major expressways and airport.
      5001 W Rio Vista Ave, Tampa, FL 33634
      View Details
    • Contact for pricing
      1,800 SF

      Tampa Industrial Park Flex Space

      Industrial park offering prime flex space near Tampa International Airport.
      5143-5161 W Rio Vista Ave, Tampa, FL 33634
      View Details
    • Contact for pricing
      32,000 SF

      Tampa Warehouse Space Available

      32,000 SF warehouse near Tampa International Airport.
      5206 Eagle Trail Dr, Tampa, FL 33634
      View Details
    • Contact for pricing

      Warehouse with Airport Access

      Warehouse space with convenient access to the Veterans Expressway.
      7010 Benjamin Rd, Tampa, FL 33634
      View Details
    • Contact for pricing
      18,022 SF

      Tampa Warehouse Space Available

      18,022 square foot warehouse space for lease in Tampa.
      6610 Anderson Rd, Tampa, FL 33634
      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.
    6702 Benjamin Rd
    Tampa, FL 33634-4400
    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!