Freestanding Brandon Commercial Office
For Sale
$360,000
109 ROBERTSON STREET, Brandon, FL 33511
Commercial office building in Brandon with tenant in place.
Property Size1,304 SF
Price / SF$276.07
Days on Market268
Property Features for 109 ROBERTSON STREET
General Information
Standard status
Active
Size
1,304 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$4,168
Amenities
Central Air
3
County Road, Asphalt.
Building Details
Year Built
1954
Listing Agency:
BAY NATIONAL REALTY, INC.
(813) 944-8939
Listed By:
Daneel Tatum · License #3235939
Source:
Xome
Added: Nov 29, 2025
Changed: Aug 23
Last Checked: Aug 24 at 5:32AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BAY NATIONAL REALTY, INC.
Investment Insights
Based on property information with market context.
This freestanding commercial office building is located in Brandon, Florida, near Brandon Regional Hospital, with access to SR 60. The property has approximately 1,304 square feet and is currently leased through September 2026. The interior includes a reception area, private offices, open work areas, one restroom, and storage closets. Recent improvements include newer flooring, a newer AC unit, and a newer water heater. There is a detached storage shed at the rear of the property. Ample parking is available at both the front and rear of the building. Zoned CN (Neighborhood Commercial), the property allows for a range of professional and neighborhood-serving uses, including medical or wellness offices, accounting or CPA firms, insurance and financial services, title companies, real estate offices, technology or IT services, tutoring centers, personal services, salons, daycare, coffee or tea shops, and specialty retail. The property is situated among established professional offices and local businesses.
Key Highlights
- Leased through September 2026, providing immediate income
- Prime location in the heart of Brandon, near Brandon Regional Hospital and SR 60
- Zoned CN (Neighborhood Commercial) allowing for a wide range of uses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,175
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$463,500
$463.5K
Cap Rate 7%
$331,071
$331.1K
Cap Rate 9%
$257,500
$257.5K
Market Conditions
NOI Build-Up for 1,304 SF
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.
Gross rent
$37.9K $29.04/SF
− Vacancy
−$7.0K −$5.34/SF
EGI
$30.9K $23.70/SF
− OpEx
−$7.7K −$5.92/SF
NOI
$23.2K $17.77/SF
Area
Brandon, FL
Vacancy
18.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$463,500
Cap Rate 7%
$331,071
Cap Rate 9%
$257,500
Alternative Uses
Best Use
Office B
$331.1K
$289.7K – $386.3K
NOI $23,175 @ 7.0% cap · market cap 6.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$490.5K
$429.2K – $572.3K
NOI $34,338 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,146
Businesses Nearby
Explore this area
Business Placement
Demographics for 33511, FL
56,627
Population
24,579
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
91%
High-School Grad
16.0 sq mi
ZIP Area
3,539
Density / Sq Mi
$77,383
Median Household Income
$44,521
Median Earnings
$1,684
Median Rent
$324,900
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Commercial office building in Brandon with tenant in place.
Where is this office building located?
The property is located at 109 ROBERTSON STREET Brandon, FL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Leased through September 2026, providing immediate income; Prime location in the heart of Brandon, near Brandon Regional Hospital and SR 60; Zoned CN (Neighborhood Commercial) allowing for a wide range of uses
