Sign Up Successful!
You now have access to more from Realmo!
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

    7042 Benjamin Rd Tampa, FL 33634-3034

    • Strip malls
    • 13,792 SF
    • 1.13 lot acres
    OFF-MARKET
    Value Estimations
    $2,015,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-8662972
    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

    • Honorary Consulate of Lebanon / Government Office
    • Superior Structures Inc / Dry Wall Contractor / Construction Company

    Property Details for 7042 Benjamin Rd

    Year built
    2011
    Construction
    STEEL FRAME
    Lot size
    1.13 lot acres
    Property size
    13,792 SF
    Zone code
    M
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    U302818ZZZ000001005000
    APU
    U302818ZZZ000001005000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $3,060,000
      OFFICE BUILDING
      $3,025,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.5425
    Latitude
    28.0143
    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
    $31,872
    $319,512
    $1,471,288
    $1,790,800
    -
    $319,512
    $1,471,288
    $1,790,800

    Comparable in this City

    • Value Estimation
      $2,735,000
      21,000 SF

      5011 Hillsborough Ave

      SHOPPING CENTER, STRIP CENTER • 21,000 SF
      5011 Hillsborough Ave, Tampa, FL 33634-5309
      View Details
    • Value Estimation
      $1,715,000
      9,448 SF

      7024 Hillsborough Ave

      SHOPPING CENTER, STRIP CENTER • 9,448 SF
      7024 Hillsborough Ave, Tampa, FL 33634-4948
      View Details
    • Value Estimation
      $1,400,000
      10,970 SF

      6507 Waters Ave

      SHOPPING CENTER, STRIP CENTER • 10,970 SF
      6507 Waters Ave, Tampa, FL 33634-2283
      View Details
    • Value Estimation
      $3,670,000
      29,645 SF

      6821 Hillsborough Ave

      SHOPPING CENTER, STRIP CENTER • 29,645 SF
      6821 Hillsborough Ave, Tampa, FL 33634-5003
      View Details
    • Value Estimation
      $1,910,000
      15,553 SF

      5610 Hanley Rd

      SHOPPING CENTER, STRIP CENTER • 15,553 SF
      5610 Hanley Rd, Tampa, FL 33634-4962
      View Details
    • Value Estimation
      $2,140,000
      18,024 SF

      6610 Hanley Rd

      SHOPPING CENTER, STRIP CENTER • 18,024 SF
      6610 Hanley Rd, Tampa, FL 33634-4704
      View Details

    Similar Nearby for Sale

    • $120,000
      3,000 SF

      Established Tampa Café and Bakery

      Profitable café and bakery in high-traffic Tampa location.
      7026 W Hillsborough Ave, Tampa, FL 33634
      View Details
    • $250,000
      9,000 SF

      Established Tampa Café and Bakery

      Profitable café and bakery in high-traffic Tampa location.
      7026 W Hillsborough Ave, Tampa, FL 33634
      View Details
    • $2,000,000
      1,524 SF

      Tampa Mixed-Use Investment Opportunity

      High-potential commercial property with adjacent vacant land.
      7207 Turnmor Dr, Tampa, FL 33634
      View Details
    • $695,000

      Land For Sale

      Land available for sale.
      3922 W Eden Roc Cir, Tampa, FL 33634
      View Details
    • Contact for pricing

      Prime Commercial Land Opportunity

      Land adjacent to Chick-fil-A in retail center.
      6275 W Waters Ave, Tampa, FL 33634
      View Details
    • $1,400,000
      4,928 SF

      Tampa Auto Repair Shop - $1.4M

      Prime Tampa location, 4,928 sq ft.
      5014 Clark Ave, Tampa, FL 33634
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      184,758 SF

      Tampa Office Space: Memorial Center I & II

      Prime Tampa office space, flexible layouts available.
      4919 Memorial Hwy, Tampa, FL 33634
      View Details
    • Contact for pricing
      101,202 SF

      Hangar Court Distribution Center

      Tampa Airport Industrial Space For Lease
      5424 Hangar Ct, Tampa, FL 33634
      View Details
    • $16 SF/Yr
      1,204 SF

      Office Space For Rent

      Office space available for lease in Tampa, Florida.
      5411 Beaumont Center Blvd, Tampa, FL 33634
      View Details
    • $20 SF/Yr
      101,500 SF

      Tampa Office Building For Rent

      105,872 SF office building near Tampa International Airport.
      5519 W Idlewild Ave, Tampa, FL 33634
      View Details
    • $16 SF/Yr
      6,677 SF

      Tampa Office Space For Rent

      6,677 SF office space available in Tampa, Florida.
      5431 E Beaumont Center Blvd, Tampa, FL 33634
      View Details
    • Contact for pricing
      21,055 SF

      Tampa Industrial Warehouse For Rent

      101,407 SF warehouse near Tampa International Airport.
      8110 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.
    7042 Benjamin Rd
    Tampa, FL 33634-3034
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.