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    705 Brandon Blvd Brandon, FL 33511-5443
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    Property profile & analytics

    705 Brandon Blvd Brandon, FL 33511-5443

    View on Map
    • Office buildings
    • 5,179 SF
    • 16.38 lot acres
    Off-Market
    Property ID
    US18-4670404
    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
    $1,290,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Food Distribution Center - Nativity Catholic Church Food Pantry / Food Bank / Charitable Organization
    • Royal Screens LLC / Building Supply / Renovation Specialist
    • Msgr. Lara Youth Center / Family Recreation Center / Community Center
    • Nativity Outreach Food Pantry / Food Bank / Charitable Organization

    Property Details for 705 Brandon Blvd

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    16.38 lot acres
    Property size
    5,179 SF
    Zone code
    RSC-6
    Property type
    Office buildings
    APN
    U262920ZZZ000002611500
    APU
    U262920ZZZ000002611500

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,635,000
      6.5%
      $1,510,000
      7%
      $1,405,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,322,000
      Market price range: $675k - $1.32M
      AI Estimate
      $1,033,000
      Market price range: $474k - $1.03M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,000,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $1,825,000
      Change: +82% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $1,265,000
      Change: +26% Conversion: Difficult
      RETAIL STORES
      $1,195,000
      Change: +19% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $1,090,000
      Change: +9% Conversion: Easy
      MEDICAL BUILDING
      $1,070,000
      Change: +7% Conversion: Easy
      AUTO REPAIR, GARAGE
      $975,000
      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
    -82.2755
    Latitude
    27.9367
    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
    $7,504
    $9,331,840
    $14,184,628
    $23,516,468
    -
    $9,331,840
    $14,184,628
    $23,516,468

    Comparable in this City

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

      1210 Millennium Pkwy

      OFFICE BUILDING • 15,460 SF
      1210 Millennium Pkwy, Brandon, FL 33511-4896
      View Details
    • Value Estimation
      $2,280,000
      9,157 SF

      1335 Oakfield Dr

      OFFICE BUILDING • 9,157 SF
      1335 Oakfield Dr, Brandon, FL 33511-4823
      View Details
    • Value Estimation
      $910,000
      3,648 SF

      1147 Professional Park Dr

      OFFICE BUILDING • 3,648 SF
      1147 Professional Park Dr, Brandon, FL 33511-4887
      View Details
    • Value Estimation
      $1,115,000
      4,474 SF

      1110 Brandon Blvd

      OFFICE BUILDING • 4,474 SF
      1110 Brandon Blvd, Brandon, FL 33511-4128
      View Details
    • Value Estimation
      $3,150,000
      12,648 SF

      1037 Brandon Blvd

      OFFICE BUILDING • 12,648 SF
      1037 Brandon Blvd, Brandon, FL 33511-5515
      View Details
    • Value Estimation
      $1,375,000
      8,188 SF

      220 Hilltop Rd

      OFFICE BUILDING • 8,188 SF
      220 Hilltop Rd, Brandon, FL 33511-4826
      View Details

    Similar Nearby for Sale

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      1,304 SF

      Freestanding Brandon Office Building For Sale

      Commercial office building in the heart of Brandon, Florida.
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    • $2,300,000
      10,920 SF

      Brandon Office Building For Sale

      Office building with 10,920 square feet of space.
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    • $365,000
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      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

      Medical Office Space Near Hospital

      Spacious medical office building near HCA Florida Brandon Hospital.
      910 Oakfield Dr, Brandon, FL 33511
      View Details
    • $249,000
      1,460 SF

      Medical Office Condo For Sale

      1,460 SF medical office condo near Brandon Regional Hospital.
      500 Vonderburg Dr, Brandon, FL 33511
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space For Rent

      Office space available for rent in Brandon, Florida.
      350 East Robertson St, Brandon, FL 33511
      View Details
    • $18 SF/Yr
      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

      Garden Style Office Buildings

      One and two-story red brick and glass office buildings.
      710 Oakfield Dr, Brandon, FL 33511
      View Details
    • Contact for pricing
      10,563 SF

      Medical Office Space Near Hospital

      New medical office space adjacent to HCA Florida Brandon Hospital.
      284 S Moon Ave, Brandon, FL 33511
      View Details
    • Contact for pricing
      1,697 SF

      Brandon, FL Turnkey Ready Space

      Prime commercial property in a bustling area of Brandon, Florida.
      926 W Lumsden Rd, 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
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    Brandon, FL 33511-5443
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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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