Mixed-Use Property with
New
For Sale
Contact for pricing
11531 US Hwy 41 S, Gibsonton, FL 33534
Commercial property with a highway-fronting building, mobile home units, and outdoor space suited to storage, parking, or service operations.
Property Size3,414 SF
Lot Size1.22 Acres
Price / SF$248.97
Days on Market7
Property Features for 11531 US Hwy 41 S
General Information
Standard status
Active
Size
3,414 SF
Lot size
1.22 Acres
Property subtype
INDUSTRIAL
Zoning
PD
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Building Details
Year Built
1963
Building Size
3,414 SF
Listing Agency:
Florida ROI Commercial Property Brokerage
(813) 514-1070
Listed By:
Eric Odum · License #CQ1033005
(813) 514-1070
Source:
Moodyscre
Added: Aug 25
Changed: Aug 30
Last Checked: Aug 30 at 8:12PM
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 Florida ROI Commercial Property Brokerage
Investment Insights
Based on property information with market context.
This mixed-use property includes a 3,414-square-foot building on a 1.22-acre site in Gibsonton, with frontage along US Highway 41. The improvements include three building units, while three mobile home units provide additional rental income. Outdoor yard area supports storage, parking, or contractor and service-oriented use.
The property is zoned PD and was built in 1963. Its position along US Highway 41 provides direct access to a major north-south corridor connecting Gibsonton with the greater Tampa MSA and communities across Hillsborough, Pinellas, and Pasco counties. The surrounding area includes ongoing residential expansion, commercial construction, and retail development.
The property is zoned PD and was built in 1963. Its position along US Highway 41 provides direct access to a major north-south corridor connecting Gibsonton with the greater Tampa MSA and communities across Hillsborough, Pinellas, and Pasco counties. The surrounding area includes ongoing residential expansion, commercial construction, and retail development.
Key Highlights
- 3,414 SF building on a 1.22‑acre lot
- Frontage along US Highway 41 in Gibsonton
- Three mobile home units provide supplemental rental income
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
$49,436
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
5.82%
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%
$988,720
$988.7K
Cap Rate 7%
$706,229
$706.2K
Cap Rate 9%
$549,289
$549.3K
Market Conditions
NOI Build-Up for 3,414 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
$88.1K $25.80/SF
− Vacancy
−$9.0K −$2.63/SF
EGI
$79.1K $23.17/SF
− OpEx
−$29.7K −$8.69/SF
NOI
$49.4K $14.48/SF
Area
Brandon, FL
Vacancy
10.20%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
37.50%
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%
$988,720
Cap Rate 7%
$706,229
Cap Rate 9%
$549,289
Alternative Uses
Best Use
Mixed Use
$706.2K
$618.0K – $823.9K
NOI $49,436 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$573.7K
$502.0K – $669.3K
NOI $40,158 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,900 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
Explore this area
Business Placement
Demographics for 33534, FL
17,952
Population
6,219
Households
2.9
Avg Household Size
33
Median Age
19%
College-Educated
81%
High-School Grad
13.2 sq mi
ZIP Area
1,360
Density / Sq Mi
$73,600
Median Household Income
$43,091
Median Earnings
$1,364
Median Rent
$274,000
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial property with a highway-fronting building, mobile home units, and outdoor space suited to storage, parking, or service operations.
Where is this mixed-use property located?
The property is located at 11531 US Hwy 41 S Gibsonton, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 3,414 SF building on a 1.22‑acre lot; Frontage along US Highway 41 in Gibsonton; Three mobile home units provide supplemental rental income
