Modern Mixed-Use Office
For Sale
$1,549,900
13908 Monroes Business Park, Tampa, FL 33635
Built in 2020, prime location near shopping center.
Property Size4,284 SF
Price / SF$414.19
Days on Market140
Property Features for 13908 Monroes Business Park
General Information
Standard status
Active
Size
4,284 SF
Class
B
Total Parking Spaces
8
Property subtype
Industrial
Zoning
PD
Building Details
Building Size
4,284 SF
Year Built
2020
Listing Agency:
RE/MAX
Listed By:
Mark Ganier · License #201
(727) 403-5611
Source:
Remaxcommercial
Added: May 27
Changed: Sep 12
Last Checked: Oct 12 at 4:34PM
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
Investment Insights
Based on property information with market context.
Constructed in 2020, this mixed-use office building is located one block from the intersection of Racetrack Road and Tampa Road, across from a shopping center anchored by Publix and Lowe's. The property features an open floor plan with six executive-size offices, a bullpen area, a common area, and a server room. A large receiving bay includes a rollup door. The building also contains a conference room with mounted TV monitors, a sizable kitchenette with an eat-in area, and separate restrooms for men and women, one of which includes a walk-in shower. Security features include high-end cameras, motion sensors, and CAT6 wiring throughout the building. Ample parking is available, along with walk-in access to a reception area. The property's zoning accommodates various commercial and industrial uses. With 3,742 square feet, the open layout offers floor-plan possibilities to accommodate a variety of needs. This property is suitable for businesses seeking visibility, convenience, and functionality, and it is an ideal setting for an owner-user or investor looking to establish or expand their presence in the Tampa Bay area.
Key Highlights
- Prime location: One block from Racetrack and Tampa Road, across from Publix and Lowe's‑anchored shopping center.
- Modern, open floor plan: Offers six executive offices, bullpen space, conference room, kitchenette, and flexible configuration options.
- Mixed‑use zoning: Allows a variety of commercial and industrial uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,854
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,017,080
$1.0M
Cap Rate 7%
$726,486
$726.5K
Cap Rate 9%
$565,044
$565.0K
Market Conditions
NOI Build-Up for 3,742 SF
Gross rent
$89.8K $24.00/SF
− Vacancy
−$22.0K −$5.88/SF
EGI
$67.8K $18.12/SF
− OpEx
−$17.0K −$4.53/SF
NOI
$50.9K $13.59/SF
Area
Tampa, FL
Vacancy
24.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,017,080
Cap Rate 7%
$726,486
Cap Rate 9%
$565,044
Alternative Uses
Best Use
Office B
$726.5K
$635.7K – $847.6K
NOI $50,854 @ 7.0% cap · market cap 3.28%
Second Best
Mixed Use
$721.7K
$631.5K – $842.0K
NOI $50,517 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$871.8K
$762.8K – $1.02M
NOI $61,025 @ 7.0% cap · market cap 3.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
Explore this area
Business Placement
Demographics for 33635, FL
18,780
Population
8,032
Households
2.3
Avg Household Size
39
Median Age
40%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
2,934
Density / Sq Mi
$83,843
Median Household Income
$40,660
Median Earnings
$1,760
Median Rent
$309,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Tampa, FL
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Built in 2020, prime location near shopping center.
Where is this mixed-use property located?
The property is located at 13908 Monroes Business Park Tampa, FL.
What is the asking price?
The asking price for this property is $1,549,900.
What are key features of this property?
This property features: Prime location: One block from Racetrack and Tampa Road, across from Publix and Lowe's‑anchored shopping center.; Modern, open floor plan: Offers six executive offices, bullpen space, conference room, kitchenette, and flexible configuration options.; Mixed‑use zoning: Allows a variety of commercial and industrial uses.
