Gated Flex Property with
For Sale
$2,499,999
13309 E US 92 Highway, Dover, FL 33527
Commercial Sale, DOVER, FL
Property Size12,992 SF
Lot Size3.15 Acres
Price / SF$192.43
Days on Market443
Property Features for 13309 E US 92 Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CG
Subdivision
UNPLATTED
Lot features
Landscaped
Directions
From I-4, exit south on McIntosh. Turn left onto 92, property is down on right side. Pull through gates and park straight ahead to the right.
Standard status
Active
APN
U-29-28-21-ZZZ-000003-77210.0
Size
12,992 SF
Lot size
3.15 Acres
Taxes and HOA fees
Tax Year
2023
Tax Description
W 175 FT OF THAT PART OF SW 1/4 OF NE 1/4 SOUTH OF ROAD--- E 50 FT OF S 300 FT OF SE 1/4 OF NW 1/4
Tax Annual Amount
25125
Legal Description
W 175 FT OF THAT PART OF SW 1/4 OF NE 1/4 SOUTH OF ROAD--- E 50 FT OF S 300 FT OF SE 1/4 OF NW 1/4
Utilities
Cooling system
Zoned, Central Air
Amenities
gated
generators
wired for cameras
LED lighting
signage
Building Details
Year built
1949
Floors in Building
1
Building materials
Block, Concrete, Metal Frame, Frame
Listing Agency:
BOUTIQUE REALTY FLORIDA
(813) 399-3295
Listed By:
Jamie Klingman · License #3263898
(813) 230-7555
Added: Jun 13, 2025
Changed: Aug 24
Last Checked: Aug 29 at 7:06PM
MLS# TB8397054
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3.15-acre flex property includes more than 12,000 square feet of climate-controlled space along with over 30,000 square feet designated for storage or warehousing. The improvements include a front building adaptable for office use, multiple first-floor offices, and a second-floor executive suite with a kitchenette and private full bathroom. A 5,000-square-foot tool and supply store setup includes inventory, fixtures, and point-of-sale equipment. The gated site has a separate entrance for the main building, internal security gates, camera wiring, generators, LED-lit frontage, and signage. Space between the buildings accommodates 53-foot trailers, while the rear area provides additional room for storage and parking.
Positioned on US 92 near two I-4 access exits, the property is less than 30 minutes from the Port of Tampa and Tampa airport and under an hour from Orlando. The site is zoned CG and located in Dover, Hillsborough County, Florida.
Positioned on US 92 near two I-4 access exits, the property is less than 30 minutes from the Port of Tampa and Tampa airport and under an hour from Orlando. The site is zoned CG and located in Dover, Hillsborough County, Florida.
Key Highlights
- 3.15‑acre parcel on US 92 near two I‑4 access exits
- More than 12,000 square feet of climate‑controlled space
- Over 30,000 square feet available for storage or warehousing
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
$166,700
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
6.67%
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%
$3,334,000
$3.3M
Cap Rate 7%
$2,381,429
$2.4M
Cap Rate 9%
$1,852,222
$1.9M
Market Conditions
NOI Build-Up for 12,992 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
$272.8K $21.00/SF
− Vacancy
−$16.4K −$1.26/SF
EGI
$256.5K $19.74/SF
− OpEx
−$89.8K −$6.91/SF
NOI
$166.7K $12.83/SF
Area
Brandon, FL
Vacancy
6.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
35.00%
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%
$3,334,000
Cap Rate 7%
$2,381,429
Cap Rate 9%
$1,852,222
Alternative Uses
Best Use
Office B
$3.30M
$2.89M – $3.85M
NOI $230,900 @ 7.0% cap · market cap 9.24%
Second Best
Flex RnD
$2.38M
$2.08M – $2.78M
NOI $166,700 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$4.89M
$4.28M – $5.70M
NOI $342,116 @ 7.0% cap · market cap 13.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Explore this area
Business Placement
Demographics for 33527, FL
16,259
Population
5,768
Households
2.8
Avg Household Size
37
Median Age
20%
College-Educated
80%
High-School Grad
31.4 sq mi
ZIP Area
518
Density / Sq Mi
$77,658
Median Household Income
$37,777
Median Earnings
$944
Median Rent
$347,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - CG-zoned commercial property offers climate-controlled areas, storage capacity, secured offices, and access from US 92 near I-4.
Where is this flex space located?
The property is located at 13309 E US 92 Highway Dover, FL.
What is the asking price?
The asking price for this property is $2,499,999.
What are key features of this property?
This property features: 3.15‑acre parcel on US 92 near two I‑4 access exits; More than 12,000 square feet of climate‑controlled space; Over 30,000 square feet available for storage or warehousing
