Pre-Plumbed Medical Office
For Sale
Contact for pricing
13047 W Linebaugh Ave, Tampa, FL 33626
Pre-plumbed medical space offers four exam rooms with sinks and cabinetry, plus an additional suite available.
Property Size3,000 SF
Price / SF$316.63
Days on Market112
Property Features for 13047 W Linebaugh Ave
General Information
Standard status
Active
Size
3,000 SF
Property subtype
OFFICE
Amenities
pre-plumbed medical space
high ceilings with recessed lighting
sinks and cabinetry in exam rooms
lab
Properties For Sale
at 13047 W Linebaugh Ave Contact us- Floor
- Bldg
- Size
- 3,000 SF
- Type
- OFFICE
- Lease Type
- MODIFIED_GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
13047 W Linebaugh Ave
- Beautifully appointed medical office building in coveted Westchase Commons.
- 3000...
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Listing Agency:
Hold Thyssen Inc | Clearwater
(727) 238-3876
Listed By:
Theresa Margaris
(813) 880-7100
Source:
Moodyscre
Added: May 20
Changed: Sep 2
Last Checked: Sep 7 at 7:54AM
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 Hold Thyssen Inc | Clearwater
Investment Insights
Based on property information with market context.
This beautifully appointed medical office building features pre-plumbed medical space and a spacious floor plan with high ceilings and recessed lighting. One tenant currently occupies 1,500 SF, and an additional 1,500 SF is available for lease or as ready space for an owner/user.
The vacant suite includes sinks and cabinetry in four of the five office/exam rooms, including a lab. The room layout is designed around generously sized rooms, supporting medical office use.
Located within Westchase Commons and positioned to serve Hillsborough, Pinellas, and Pasco, the property is surrounded by upscale residential communities.
The vacant suite includes sinks and cabinetry in four of the five office/exam rooms, including a lab. The room layout is designed around generously sized rooms, supporting medical office use.
Located within Westchase Commons and positioned to serve Hillsborough, Pinellas, and Pasco, the property is surrounded by upscale residential communities.
Key Highlights
- 3,000 SF pre‑plumbed medical office building with 1,500 SF currently occupied and 1,500 SF available for lease or owner/user use
- Vacant suite includes sinks and cabinetry in four of five office/exam rooms, plus a lab
- Spacious floor plan with generously sized rooms and high ceilings with recessed lighting
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
$43,718
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
4.60%
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%
$874,360
$874.4K
Cap Rate 7%
$624,543
$624.5K
Cap Rate 9%
$485,756
$485.8K
Market Conditions
NOI Build-Up for 3,000 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
$79.2K $26.40/SF
− Vacancy
−$6.3K −$2.11/SF
EGI
$72.9K $24.29/SF
− OpEx
−$29.1K −$9.72/SF
NOI
$43.7K $14.57/SF
Area
Tampa, FL
Vacancy
8.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
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%
$874,360
Cap Rate 7%
$624,543
Cap Rate 9%
$485,756
Alternative Uses
Best Use
Healthcare Medical
$624.5K
$546.5K – $728.6K
NOI $43,718 @ 7.0% cap · market cap 4.60%
Second Best
Office B
$582.4K
$509.6K – $679.5K
NOI $40,770 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$698.9K
$611.6K – $815.4K
NOI $48,924 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
910
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33626, FL
31,875
Population
12,392
Households
2.6
Avg Household Size
39
Median Age
64%
College-Educated
95%
High-School Grad
12.3 sq mi
ZIP Area
2,591
Density / Sq Mi
$123,580
Median Household Income
$72,888
Median Earnings
$2,127
Median Rent
$506,600
Median Home Value
Market
Vacancy Rate% for Office in Tampa, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Pre-plumbed medical space offers four exam rooms with sinks and cabinetry, plus an additional suite available.
Where is this medical office space located?
The property is located at 13047 W Linebaugh Ave Tampa, FL.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: 3,000 SF pre‑plumbed medical office building with 1,500 SF currently occupied and 1,500 SF available for lease or owner/user use; Vacant suite includes sinks and cabinetry in four of five office/exam rooms, plus a lab; Spacious floor plan with generously sized rooms and high ceilings with recessed lighting
