Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    621 N Parsons Ave Brandon, FL 33510

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $35,940

    Versatile commercial space with excellent visibility and easy access.

    Lot size:
    0.34 Acres

    Property Features for 621 N Parsons Ave

    General Information

    Standard status
    Active
    Lot size
    0.34 Acres

    We can help!

    Listing Contact
    Steven Koleno
    Source: Exprealty

    Listing Agency: beycome of florida llc Listing Agent: Steven Koleno

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Commercial Property in Central Brandon

    This commercial property is located in the central area of Brandon. The space offers visibility and accessibility, making it suitable for various business ventures. Ample parking is available. The property is positioned in a thriving area.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brandon
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.2854795
    Latitude
    27.948541

    Nearby Similar for Lease

    • New
      $22 SF/Yr
      1,307 SF

      Brandon Medical Office Suite For Rent

      Functional 1,307 SF medical office suite in established medical complex.
      500 Vonderburg Dr, Brandon, FL 33511
      View Details
    • $24 SF/Yr
      2,441 SF

      Functional Office Space in Brandon

      Prime 2,441 SF office space in a thriving Brandon location.
      1040 E Brandon Blvd, Brandon, FL 33511
      View Details
    • $2,750 /Mo
      1,376 SF

      Updated Mixed-Use Property For Rent

      Mixed-use property with updated kitchen and ample parking in Valrico.
      3502 Bloomingdale Ave, Valrico, FL 33596
      View Details
    • $2,995 /Mo
      2,185 SF

      Prime Commercial Space in Brandon

      Versatile retail space with excellent visibility and ample parking.
      621 N Parsons Ave, Brandon, FL 33510
      View Details
    • New
      $3,900 /Mo
      1,800 SF

      Prime Retail/Office Space in Brandon

      1800 SF retail/office space in the heart of Brandon.
      225 E Brandon Blvd, Brandon, FL 33511
      View Details
    • $24 SF/Yr
      2,400 SF

      Prime Brandon Boulevard Office Space

      Modern office space in a thriving Brandon commercial environment.
      1038-1040 E Brandon Blvd, Brandon, FL 33511
      View Details
    • $21 SF/Yr
      1,979 SF

      Chiropractic Office in River Hills Plaza

      Turnkey chiropractic office or adaptable for medical/professional use.
      4325 Lynx Paw Tl, Valrico, FL
      View Details
    • $32 SF/Yr
      2,520 SF

      Medical/Dental Office in Gibsonton

      2,520 SF medical/dental office space available for lease.
      13135 Kings Lk Dr, Gibsonton, FL
      View Details
    • $57,600

      Brandon Move-in Ready Office Space

      Move-in ready medical/professional office space in Brandon, Florida.
      203 Ridgewood Ave, Brandon, FL 33510
      View Details
    • $24 SF/Yr
      2,400 SF

      Brandon Medical/Professional Office Space

      Move-in ready office space in a convenient Brandon location.
      205 Ridgewood Ave, Brandon, FL 33510
      View Details
    • Contact for pricing

      Brandon Boulevard Retail Space Available

      Redeveloped community center with excellent frontage on Brandon Boulevard.
      1602 W Brandon Blvd, Brandon, FL 33511
      View Details
    • $22 SF/Yr
      1,697 SF

      Brandon, FL Turnkey Ready Space

      Prime commercial property in a bustling area of Brandon, Florida.
      926 W Lumsden Rd, Brandon, FL 33511
      View Details

    FAQs

    What type of property is this?
    Specialty property - Versatile commercial space with excellent visibility and easy access.
    Where is this specialty property located?
    The property is located at 621 N Parsons Ave Brandon, FL.
    What are key features of this property?
    This property features: - Prime commercial property in the heart of Brandon; - Excellent visibility for your business; - Easy access for customers and deliveries
    (804) 656-5007
    Request Owner's contact information
    621 N Parsons Ave Brandon, FL 33510
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    621 N Parsons Ave
    Brandon, FL 33510
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    621 N Parsons Ave Brandon, FL 33510
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Steven Koleno
    (804) 656-5007
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.