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Thonotosassa Flex Space For Sale

12226 HAZEN AVENUE Thonotosassa, FL 33592

12226 HAZEN AVENUE, Thonotosassa, FL, 33592
$1,250,000
For Sale
Claim this Listing
$1,250,000

5,022 SF commercial building on 0.57 acres with CI zoning.

Property Size5,022 SF
Lot Size0.57 Acres
Price / SF$248.90
AddedMar 9, 2025
Days on Market493
Last RefreshMay 27 at 10:55 pm

Property Features for 12226 HAZEN AVENUE

General Information

Standard status
Active
Size
5,022 SF
Lot size
0.57 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
1983

Listing office A.L. COMMERCIAL, INC.

Listing date Mar 9, 2025

Source Exitrealty

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 A.L. COMMERCIAL, INC.


Investment Insights

Based on property information with market context.

Located at 12226 Hazen Ave in Thonotosassa, FL, this commercial building offers 5,022 square feet of space on a 0.57-acre lot. The property is zoned CI, providing flexibility for various business uses. The office space comprises 1,201 square feet, featuring a reception area, a conference room, four private offices, and two bathrooms. The warehouse component offers 3,821 square feet of space, equipped with four grade-level doors and a 15-foot clear height. A built-out mezzanine provides additional storage. This property is suitable for a new or growing business, offering a combination of office and warehouse space.

Key Highlights

  • 5,022 SF commercial building on a .57‑acre lot.
  • CI zoning allows for a variety of business uses.
  • 3,821 SF warehouse space with four grade‑level doors and 15' clear height.

Local Financial Insights For Industrial

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 $92.2k $18.36
− Vacancy −$5.1k −$1.01
EGI $87.1k $17.35
− OpEx −$26.1k −$5.21
NOI $61.0k $12.15
5,022 SF · lease $18.36/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Industrial
$871.3K
$762.4K – $1.02M (±1% cap)
NOI $60,993 @ 7.0% cap · market cap 4.88%
Second Best
Flex RnD
$772.2K
$675.7K – $901.0K (±1% cap)
NOI $54,057 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$1.45M
$1.27M – $1.70M (±1% cap)
NOI $101,809 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Florida Lighting & Signs ... Electrical Service

Suggested Use

Real Estate Agency Restaurant Big Box & Wholesale Store Spa & Massage Center Auto Parts Store Kitchen & Bath Showroom Gym & Fitness Center Building Supply Auto Repair Shop Plumbing Service

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

FAQs

What type of property is this?
Flex space - 5,022 SF commercial building on 0.57 acres with CI zoning.
Where is this flex space located?
The property is located at 12226 HAZEN AVENUE Thonotosassa, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 5,022 SF commercial building on a .57‑acre lot.; CI zoning allows for a variety of business uses.; 3,821 SF warehouse space with **four grade‑level doors and 15' clear height.**
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