Building Details

Year built 1967

Floors in Building 2

Building materials Block

Listing Agency: KELLER WILLIAMS TAMPA CENTRAL · Keller Williams Realty k***@kw.com Show Phone

Listed By: Brian Hahs · License #3460665 Show Phone

Added: May 1, 2025 Changed: Aug 24 Last Checked: Oct 7 at 8:06PM

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MLS# TB8381184

Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,410-square-foot office building was constructed in 1967 and has been fully renovated with contemporary finishes and upgraded systems. The interior combines private offices, open work areas, conference rooms, and reception space, while ample windows provide natural light throughout. Block construction and central air support the building’s functional professional-office configuration.

The property occupies 0.16 acres along W El Prado Boulevard in South Tampa, with access to surrounding residential neighborhoods, dining, and retail. Downtown Tampa, Westshore, and Tampa International Airport are minutes away, and major roadways provide convenient regional connectivity. The property is zoned RO and offers a polished setting for professional office operations.

Key Highlights

• 4,410‑square‑foot office building on 0.16 acres
• Fully renovated with contemporary finishes and upgraded systems
• Private offices, open work areas, conference rooms, and reception space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$59,932

Cap Rate

3.43%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,198,640 $1.2M

Cap Rate 7%

$856,171 $856.2K

Cap Rate 9%

$665,911 $665.9K

Market Conditions

NOI Build-Up for 4,410 SF

Gross rent

$105.8K $24.00/SF

− Vacancy

−$25.9K −$5.88/SF

EGI

$79.9K $18.12/SF

− OpEx

−$20.0K −$4.53/SF

NOI

$59.9K $13.59/SF

Area

Tampa, FL

Vacancy

24.50%

Lease Rate

$24.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,198,640

Cap Rate 7%

$856,171

Cap Rate 9%

$665,911

Alternative Uses

Best Use

Office B

$856.2K

$749.2K – $998.9K (±1% cap)

NOI $59,932 @ 7.0% cap · market cap 3.43%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.03M

$899.0K – $1.20M (±1% cap)

NOI $71,918 @ 7.0% cap · market cap 4.11%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Study Hall Research Advertising Agency

Suggested Use

Top Pick Grocery & Convenience Store Computer & Electronic Repair Cafe & Coffee Shop Carpet & Flooring Store Big Box & Wholesale Store Tech Support Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

936

Businesses Nearby

Explore this area Business Placement

Demographics for 33629, FL

26,394

Population

11,237

Households

2.3

Avg Household Size

41

Median Age

77%

College-Educated

98%

High-School Grad

4.8 sq mi

ZIP Area

5,499

Density / Sq Mi

$158,337

Median Household Income

$88,821

Median Earnings

$1,758

Median Rent

$764,100

Median Home Value

Market

Vacancy Rate% for Office in Tampa, FL

13.8% 2019

14.2% 2020

19.1% 2021

22.3% 2022

21.9% 2023

20.7% 2024

18.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - Professional office property with private rooms, collaborative areas, conference space, and reception areas.

Where is this office building located?

The property is located at 4409 W EL PRADO Boulevard Tampa, FL.

What is the asking price?

The asking price for this property is $1,749,000.

What are key features of this property?

This property features: 4,410‑square‑foot office building on 0.16 acres; Fully renovated with contemporary finishes and upgraded systems; Private offices, open work areas, conference rooms, and reception space