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    5113 STATE ROAD 674 SUITE 108 Wimauma, FL 33598

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    For Lease
    $49,000

    Office suite available for rent in a busy commercial center.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 5:47 pm

    Property Features for 5113 STATE ROAD 674 SUITE 108

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    2023

    We can help!

    Listing Contact
    Debrah Hailey
    Debrah Hailey

    Listing agent Debrah Hailey License #SL684583

    Listing office RE/MAX Realty Unlimited

    Listing date Apr 24, 2026

    Source Elliman

    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 RE/MAX Realty Unlimited

    Overview

    Office Suite in Commercial Center

    This office suite is located within a new, active commercial center and is configured for office use. The space is move-in ready. The location has a walk score of 3, indicating car dependence, and a bike score of 29, suggesting it is somewhat bikeable.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Wimauma
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.32387
    Latitude
    27.711956

    Nearby Similar for Lease

    • $35 SF/Yr

      WIMAUMA, FL Mixed-Use Office Suite

      Office suite in a busy commercial center, ready to occupy.
      5113 STATE ROAD 674 SUITE 108, WIMAUMA, FL 33598
      View Details
    • $49,000 SF/Yr

      Retail Space For Rent

      Retail space available for lease in Wimauma, Florida.
      5113 STATE ROAD 674 SUITE 108, WIMAUMA, FL 33598
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    • Contact for pricing

      Retail Space in Growing Area

      Retail suites available in high-growth Hillsborough County location.
      740 Don Oaks St, Wimauma, FL
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      Retail Space in Growing Area

      Retail suites available in high-growth Hillsborough County location.
      740 Eleton Spgs Dr, Wimauma, FL
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      Office Suites in Growing Area

      Office suites available in high-growth Hillsborough County location.
      728 Eleton Spgs Dr, Wimauma, FL
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    • $6 SF/Yr

      WIMAUMA, FL - Mixed Use

      Office/meeting space available in WIMAUMA, FL with flexible rental options.
      14920 BALM WIMAUMA ROAD, WIMAUMA, FL 33598
      View Details

    FAQs

    What type of property is this?
    Office units - Office suite available for rent in a busy commercial center.
    Where is this office units located?
    The property is located at 5113 STATE ROAD 674 SUITE 108 Wimauma, FL.
    What is the lease rate?
    The lease rate is $49,000.
    What are key features of this property?
    This property features: New office suite in a busy commercial center.; Ready to move into.; Setup for office space.
    (813) 684-0016
    We can help!
    Listing Contact
    Debrah Hailey
    Debrah Hailey
    Real Estate License ID: SL684583
    Learn More
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    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
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