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    Property profile & analytics

    8840 56th St Temple Terrace, FL 33617-6207

    • Turn key restaurants
    • 1,970 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US19-0653136
    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

    • Turn key restaurants

    Property Details for 8840 56th St

    Year built
    1974
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.34 lot acres
    Property size
    1,970 SF
    Zone code
    CG
    Property type
    Turn key restaurants
    APN
    T222819440000000000415
    APU
    T222819440000000000415

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $350,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $390,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $365,000
      Retail
      $360,000
      Mixed-Use
      $320,000
      Hospitality
      $380,000
      Educational
      $425,000
      Residential Income
      $385,000
      Energy
      $435,000
      Income-Based Land
      $385,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    Temple Terrace
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3938
    Latitude
    28.0306
    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
    $4,306
    $112,118
    $128,766
    $240,884
    -
    $112,118
    $128,766
    $240,884

    Comparable in this City

    • Value Estimation by Request
      8,003 SF

      8447 56th St

      RESTAURANT • 8,003 SF
      8447 56th St, Temple Terrace, FL 33617-7119
      View Details
    • Value Estimation
      $295,000
      2,727 SF

      8600 56th St

      RESTAURANT • 2,727 SF
      8600 56th St, Temple Terrace, FL 33617-7124
      View Details
    • Value Estimation by Request
      12,966 SF

      5109 Fowler Ave

      RESTAURANT • 12,966 SF
      5109 Fowler Ave, Tampa, FL 33617-2104
      View Details
    • Value Estimation by Request
      3,930 SF

      4011 Busch Blvd

      RESTAURANT • 3,930 SF
      4011 Busch Blvd, Tampa, FL 33617-5933
      View Details
    • Value Estimation
      $325,000
      2,624 SF

      4136 Busch Blvd

      RESTAURANT • 2,624 SF
      4136 Busch Blvd, Tampa, FL 33617-5936
      View Details
    • Value Estimation
      $2,405,000
      6,688 SF

      5840 Fowler Ave

      RESTAURANT • 6,688 SF
      5840 Fowler Ave, Temple Terrace, FL 33617-2312
      View Details

    Similar Nearby for Sale

    • $79,000

      Restaurant Opportunity in High-Traffic Area

      Restaurant space for sale in a vibrant, high-demand location.
      00000 E Busch Blvd, Tampa, FL 33617
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    • $10,000,000
      135,000 SF

      Central Florida Furniture Business

      High-growth, profitable furniture retailer.
      12218 56Th St, Temple Terrace, FL 33617
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    • $2,000,000
      1 SF

      Prime Retail Opportunity in Temple Terrace

      Retail development opportunity with high visibility and traffic volume.
      8901 N 56Th St, Tampa, FL 33617
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    • $350,000
      0.40 Acres

      Waterfront Lot on Hillsborough River

      Residential land with waterfront views, ideal for building a home.
      E River Hills Dr, Temple Terrace, FL 33617
      View Details
    • $484,000
      1,898 SF

      Temple Terrace Office Suite For Sale

      Second-floor office suite in Temple Terrace, built in 2007.
      13250 N 56Th St, Temple Terrace, FL 33617
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    • $1,400,000
      1,430 SF

      Profitable Group Home Investment Opportunity

      Turnkey behavioral group home with consistent revenue and expansion potential.
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    Similar Nearby for Lease

    • $25 SF/Yr
      34,134 SF

      Terrace Ridge Office Suites

      Temple Terrace Office Space Available
      5321 Fowler Ave, Temple Terrace, FL 33617
      View Details
    • Contact for pricing
      1,670 SF

      Retail, Medical, or Office Space

      Retail, medical, or office spaces available near University of South Florida.
      2701-2711 University Square Dr, Tampa, FL 33617
      View Details
    • $20 SF/Yr
      4,000 SF

      Retail Strip Center on Busch

      Retail, office, and service-oriented spaces available in Temple Terrace.
      4819 E Busch Blvd, Tampa, FL 33617
      View Details
    • $24 SF/Yr
      50,931 SF

      Terrace Walk Plaza: USF Retail Space

      High-traffic retail space near USF. Excellent visibility & access.
      5671 Fowler Ave, Temple Terrace, FL 33617
      View Details
    • $30,000

      Upscale Office Space For Lease

      Professional office suite in Terrace Oaks, prime Fowler Avenue location.
      6953 E Fowler Ave, Temple Terrace, FL 33617
      View Details
    • $400,000

      Tampa Office Space For Rent

      Office spaces available in Tampa, from 100 to 7000 square feet.
      7402 N 56Th St, Tampa, FL 33617
      View Details

    Property Visit Statistics

    • Visits by month
      3.7k
    • Visitors by month
      3.9k
    • Avg Time on site
      18 min
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    Temple Terrace, FL 33617-6207
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    Realmo Value Estimation

    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.

    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.

    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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