Flex Warehouse
640 Brooker Creek Blvd Oldsmar, FL 34677
640 Brooker Creek Blvd, Oldsmar, FL, 34677
$1,200,000
For Sale
$1,200,000
COMMERCIAL - FL
Property Size5,680 SF
Lot Size0.13 Acres
Price / SF$211.27
Days on Market50
Property Features for 640 Brooker Creek Blvd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 132816118660044300
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Description
- BROOKER CREEK NORTH III & IV CONDO BLDG 4, UNIT 430
Utilities
- Water source
- Public
Listing agency
Smith Associates, Inc
(305) 975-0880
Listed by
Erick Padilla · License #3121924
(786) 222-2706
Added: Jun 4 Updated: Jun 30 at 8:32PM Checked: Jul 23 at 7:06AM
MLS# A12030989
Copyright © 2026 Miami REALTORS®. 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.
The property offers approximately +/-5,680 SF of flex space with warehouse functionality, presented for lease or sale under an NNN structure. The site is situated on a 0.1304-acre lot, designed to accommodate light warehouse and mixed-use operational needs within a corporate park environment.
Located at 640 Brooker Creek Blvd in FL 34677 (Pinellas County), the offering is identified as part of the Brooker Creek Corporate Park in the Oldsmar/Tampa area. This provides tenants and buyers a managed commercial setting consistent with flex warehouse users seeking a professional address within the broader business park.
For prospective tenants, this configuration can work well for businesses that need room for storage alongside day-to-day workspace, supported by the flex/warehouse designation. For buyers, the asset may appeal to owners looking for a moderate-sized flex warehouse opportunity marketed for both leasing and acquisition. Prospective parties should confirm details of unit configuration and operating parameters during due diligence.
Located at 640 Brooker Creek Blvd in FL 34677 (Pinellas County), the offering is identified as part of the Brooker Creek Corporate Park in the Oldsmar/Tampa area. This provides tenants and buyers a managed commercial setting consistent with flex warehouse users seeking a professional address within the broader business park.
For prospective tenants, this configuration can work well for businesses that need room for storage alongside day-to-day workspace, supported by the flex/warehouse designation. For buyers, the asset may appeal to owners looking for a moderate-sized flex warehouse opportunity marketed for both leasing and acquisition. Prospective parties should confirm details of unit configuration and operating parameters during due diligence.
Key Highlights
- ±5,680 SF flex warehouse available for lease or sale
- Lease rate: $11.95 PSF NNN
- Sale price: $1.2M (about $211 PSF)
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $83.8k | $14.76 |
| − Vacancy | −$4.8k | −$0.84 |
| EGI | $79.1k | $13.92 |
| − OpEx | −$27.7k | −$4.87 |
| NOI | $51.4k | $9.05 |
5,680 SF · lease $14.76/SF/yr · vacancy 5.70% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$734.1K
$642.4K – $856.5K
NOI $51,388 @ 7.0% cap · market cap 4.28%
Second Best
Warehouse
$683.3K
$597.9K – $797.2K
NOI $47,834 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,419 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Goose Pond University
Training Center
PlateSmart Technologies
(Bike/Boat/Book/etc) Store
ACISS Systems, Inc.
(Bike/Boat/Book/etc) Store
Photonx Wellness, Inc.
Wellness Program
Gulf Photonics
Production Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flexible storage and work space is available for lease or sale with NNN pricing in a corporate park setting.
Where is this flex space located?
The property is located at 640 Brooker Creek Blvd Oldsmar, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: ±5,680 SF flex warehouse available for lease or sale; Lease rate: $11.95 PSF NNN; Sale price: $1.2M (about $211 PSF)
