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1462 East Bloomingdale Avenue, Valrico, FL 33596
Office space is available for sale at 3,568 sq. ft. on East Bloomingdale Avenue in Valrico, FL.
Property Size3,568 SF
Price / SF$259.25
Days on Market55
Property Features for 1462 East Bloomingdale Avenue
General Information
Standard status
Active
Size
3,568 SF
Class
B
Property subtype
Office
Investment Type
Owner/User
Building Details
Year Built
2005
Units
2
Listing Agency:
NorthBridge Commercial Real Estate Group
Listed By:
Jannie DelRio · License #FL
Source:
Crexi
Added: Jul 14
Changed: Aug 13
Last Checked: Aug 31 at 9:07PM
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 NorthBridge Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This offering provides 3,568 sq. ft. of office space for sale. The asset is presented as commercial real estate within the Office Units/Office Spaces category.
The property is located at 1462 East Bloomingdale Avenue in Valrico, Florida 33596. Access is provided via East Bloomingdale Avenue.
Additional details regarding layout, condition, and configuration are not provided with the available information.
The property is located at 1462 East Bloomingdale Avenue in Valrico, Florida 33596. Access is provided via East Bloomingdale Avenue.
Additional details regarding layout, condition, and configuration are not provided with the available information.
Key Highlights
- Office space for sale: 3,568 sq. ft.
- Built in 2005
- Located on East Bloomingdale Avenue in Valrico, FL
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
$63,412
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
6.86%
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%
$1,268,240
$1.3M
Cap Rate 7%
$905,886
$905.9K
Cap Rate 9%
$704,578
$704.6K
Market Conditions
NOI Build-Up for 3,568 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
$103.6K $29.04/SF
− Vacancy
−$19.1K −$5.34/SF
EGI
$84.5K $23.70/SF
− OpEx
−$21.1K −$5.92/SF
NOI
$63.4K $17.77/SF
Area
Brandon, FL
Vacancy
18.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
25.00%
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%
$1,268,240
Cap Rate 7%
$905,886
Cap Rate 9%
$704,578
Alternative Uses
Best Use
Office B
$905.9K
$792.7K – $1.06M
NOI $63,412 @ 7.0% cap · market cap 6.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.57M
NOI $93,955 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
523
Businesses Nearby
Explore this area
Business Placement
Demographics for 33596, FL
28,140
Population
10,455
Households
2.7
Avg Household Size
43
Median Age
49%
College-Educated
95%
High-School Grad
11.4 sq mi
ZIP Area
2,468
Density / Sq Mi
$112,305
Median Household Income
$52,552
Median Earnings
$2,236
Median Rent
$396,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office space is available for sale at 3,568 sq. ft. on East Bloomingdale Avenue in Valrico, FL.
Where is this office units located?
The property is located at 1462 East Bloomingdale Avenue Valrico, FL.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Office space for sale: 3,568 sq. ft.; Built in 2005; Located on East Bloomingdale Avenue in Valrico, FL
