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    8620 Temple Ter Hwy Tampa, FL 33637-5812
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    Property profile & analytics

    8620 Temple Ter Hwy, Tampa, FL 33637-5812

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    • Grocery and convenience stores
    • 2,528 SF
    • 0.32 lot acres
    Off-Market
    Property ID
    US18-0811009
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ATM (Seven Days Food Mart) / Atm / Convenience Store
    • Seven Days Food Mart / Grocery & Convenience Store

    Property Details for 8620 Temple Ter Hwy

    Year built
    1974
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.32 lot acres
    Zone code
    CG
    Property type
    Grocery and convenience stores
    APN
    U242819ZZZ000001352000
    APU
    U242819ZZZ000001352000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 11, 2009 $750,000 Maseh Ents LLC Ellbo Properties LLC Warranty Deed —
    Apr 4, 2002 — Ellbo Properties LLC Carr,ellen R Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3567
    Latitude
    28.0329
    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
    $5,152
    $75,702
    $221,762
    $297,464
    -
    $75,702
    $221,762
    $297,464

    Comparable in this City

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      2,410 SF

      7749 Temple Ter Hwy

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      7749 Temple Ter Hwy, Temple Terrace, FL 33637-5713
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    • Value Estimation
      $570,000
      4,307 SF

      8706 Harney Rd

      CONVENIENCE STORE
      8706 Harney Rd, Tampa, FL 33637-6716
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    • Value Estimation by Request
      880 SF

      7105 Temple Ter Hwy

      CONVENIENCE STORE
      7105 Temple Ter Hwy, Tampa, FL 33637-5701
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    • Value Estimation
      $525,000
      2,627 SF

      8210 Parkedge Dr

      CONVENIENCE STORE
      8210 Parkedge Dr, Tampa, FL 33637-1007
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    • Value Estimation
      $510,000
      2,728 SF

      7301 Temple Ter Hwy

      CONVENIENCE STORE
      7301 Temple Ter Hwy, Temple Terrace, FL 33637-5705
      View Details
    • Value Estimation by Request
      2,160 SF

      9202 Old Harney Rd

      CONVENIENCE STORE
      9202 Old Harney Rd, Tampa, FL 33637-6809
      View Details

    Similar Nearby for Sale

    • $1,599,900
      Pending

      Tampa Retail Development Opportunity

      Prime commercial property approved for convenience store and gas pumps.
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      1,440 SF

      Temple Terrace Commercial Development Opportunity

      Prime commercial land approved for convenience store and gas station.
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      958 SF

      High-Visibility Corner Frontage Land

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      Tampa Land Opportunity Near I-75

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    • New
      $320,000
      0.62 Acres

      Residential Lot in Established Tampa

      0.62-acre lot zoned for single-family or duplex development.
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    • Contact for pricing

      Vacant Land on Bullard Parkway

      Vacant land fronting Bullard Parkway near Temple Terrace, Florida.
      9050 Meadowood Blvd, Temple Terrace, FL 33637
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    Similar Nearby for Lease

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      5,000 SF

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      North Tampa Retail/Cafe/Restaurant Space

      Flexible retail, cafe, or restaurant space in a busy location.
      13302 Telecom Dr, Temple Terrace, FL 33637
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      3,440 SF

      Former QSR with Drive-Thru

      Freestanding restaurant building with drive-thru and ample parking.
      13565 Cypress Glen Ln, Tampa, FL 33637
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    • Contact for pricing

      Supermarket Anchored Shopping Center Space

      Shopping center anchored by Winn Dixie in Temple Terrace.
      8707 Temple Terrace Hwy, Tampa, FL 33637
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    • Contact for pricing
      90,000 SF

      Redundant Office Building For Lease

      Move-in ready office building with redundant power systems.
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      Hidden River

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    Tampa, FL 33637-5812
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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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    8620 Temple Ter Hwy, Tampa, FL, 33637
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