Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    8108 Benjamin Rd Tampa, FL 33634-2302
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8108 Benjamin Rd Tampa, FL 33634-2302

    View on Map
    • Individual retail properties
    • 14,177 SF
    • 12.82 lot acres
    Off-Market
    Property ID
    US18-6111273
    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
    $965,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • VertiMax Sports Training Equipment / (Bike/Boat/Book/etc) Store
    • VertiMax / Corporate Office
    • Waters Sportsplex / Gym & Fitness Center / Sports Field & Court
    • VertiMax Global Headquarters / Big Box & Wholesale Store

    Property Details for 8108 Benjamin Rd

    Year built
    2015
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    12.82 lot acres
    Property size
    14,177 SF
    Zone code
    CI
    Property type
    Individual retail properties
    APN
    U302818ZZZ000000992200
    APU
    U302818ZZZ000000992200

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      GYM, HEALTH SPA
      $830,000
      Current use
      MEDICAL BUILDING
      $1,545,000
      Change: +86% Conversion: Difficult
      RESTAURANT
      $1,485,000
      Change: +79% Conversion: Difficult
      RETAIL STORES
      $1,390,000
      Change: +68% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $1,170,000
      Change: +41% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,040,000
      Change: +26% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $745,000
      Change: -10% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.5431
    Latitude
    28.0235
    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
    $97,676
    $3,929,347
    $1,987,066
    $5,916,413
    -
    $3,929,347
    $1,987,066
    $5,916,413

    Comparable in this City

    • Value Estimation
      $1,715,000
      16,509 SF

      7020 Anderson Rd

      SHOW ROOM, WAREHOUSE • 16,509 SF
      7020 Anderson Rd, Tampa, FL 33634-4410
      View Details
    • Value Estimation
      $8,145,000
      76,493 SF

      5201 Eagle Trl Dr

      SHOW ROOM, WAREHOUSE • 76,493 SF
      5201 Eagle Trl Dr, Tampa, FL 33634-1220
      View Details
    • Value Estimation
      $5,360,000
      37,565 SF

      5513 Sligh Ave

      SHOW ROOM, WAREHOUSE • 37,565 SF
      5513 Sligh Ave, Tampa, FL 33634-4431
      View Details
    • Value Estimation
      $1,450,000
      12,702 SF

      8507 Sunstate St

      SHOW ROOM, WAREHOUSE • 12,702 SF
      8507 Sunstate St, Tampa, FL 33634-1311
      View Details
    • Value Estimation
      $575,000
      3,696 SF

      6501 Hillsborough Ave

      CONVENIENCE STORE • 3,696 SF
      6501 Hillsborough Ave, Tampa, FL 33634-5058
      View Details
    • Value Estimation
      $1,650,000
      9,613 SF

      5312 Crenshaw St

      SHOW ROOM, WAREHOUSE • 9,613 SF
      5312 Crenshaw St, Tampa, FL 33634-2407
      View Details

    Similar Nearby for Sale

    • $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
    • $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
    • $2,800,000
      1,344 SF

      Income-Producing Commercial Property on Hillsborough

      Commercial property with high-traffic frontage and income-producing potential.
      6923 W Hillsborough Ave, Tampa, FL 33634
      View Details
    • $149,900
      29,290 SF

      Established Auto Repair Shop For Sale

      Operating successfully for over 20 years in a prime location.
      6131 Anderson Rd, Tampa, FL 33634
      View Details
    • Contact for pricing

      Value-Add Retail Center For Sale

      Retail center with high traffic and value-add opportunity.
      6277-6285 West Waters Ave, Tampa, FL 33634
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space on Memorial Highway

      Retail space available on Memorial Highway with high traffic.
      5915 Memorial Hwy, Tampa, FL 33634
      View Details
    • Contact for pricing

      Tampa Industrial Spaces Available

      Industrial spaces for rent in Tampa, ranging from 2,400-10,600 SqFt.
      Benjamin Rd. & Jetport Industrial Blvd, Tampa, FL 33634
      View Details
    • Contact for pricing

      Tampa High-Tech Office with Cafeteria

      High-tech Tampa office space with cafeteria and modern amenities.
      6550 W Hillsborough Ave, 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
      6,000 SF

      Tampa Flex Space Available

      6,000 SF flex space for rent in Tampa.
      5461 W Waters Ave, Tampa, FL 33634
      View Details
    • $13 SF/Yr
      3,400 SF

      Tampa Flex/Industrial Space Available

      3,400 SF flex/industrial space for lease in Tampa, Florida.
      6704 Benjamin 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.
    8108 Benjamin Rd
    Tampa, FL 33634-2302
    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!