Multi-Building Office and Education
1511 S US Highway 301 Tampa, FL 33619
1511 S US Highway 301, Tampa, FL, 33619
Contact for pricing
For Sale
Contact for pricing
Three-building property with central heat and A/C, totaling 15,416 +/- SF, with parking for 28 vehicles.
Property Size15,416 SF
Lot Size2.05 Acres
Price / SF$194.60
Days on Market16
Property Features for 1511 S US Highway 301
General Information
- Standard status
- Active
- Size
- 15,416 SF
- Lot size
- 2.05 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1990
Listing agency
Transworld Commercial Real Estate
Listed by
Alan Kaye · License #FL
Source
Crexi
Added: Jul 8 Updated: Jul 23 at 6:20AM Checked: Jul 23 at 6:20AM
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 Transworld Commercial Real Estate
Investment Insights
Based on property information with market context.
1511 S. US Highway 301 is a highly visible, multi-building commercial property improved with three separate structures totaling 15,416 +/- square feet. The largest building is a two-story facility of 11,480 +/- square feet constructed of concrete and masonry, built in 1990 and offering a flexible floor plan suitable for office, educational, or other commercial use. Building Two totals 3,190 +/- square feet, built in 1999 as a one-story wood frame structure with a metal roof and two bathrooms. Building Three comprises 1,824 +/- square feet, built in 2000 with wood frame construction. Each building is equipped with central heat & A/C.
The site is positioned at the intersection of two major transportation corridors, offering exposure along US Highway 301 and visibility from the Selmon Expressway. The property is described as providing convenient regional access throughout the Tampa Bay market, including Interstate 75, Interstate 4, Interstate 275, Downtown Tampa, the Port of Tampa, and Tampa International Airport.
The property sits on approximately 2.05 acres and includes parking for 28 spaces, with additional land area that may support outdoor uses, future expansion, or redevelopment.
The site is positioned at the intersection of two major transportation corridors, offering exposure along US Highway 301 and visibility from the Selmon Expressway. The property is described as providing convenient regional access throughout the Tampa Bay market, including Interstate 75, Interstate 4, Interstate 275, Downtown Tampa, the Port of Tampa, and Tampa International Airport.
The property sits on approximately 2.05 acres and includes parking for 28 spaces, with additional land area that may support outdoor uses, future expansion, or redevelopment.
Key Highlights
- Three‑building commercial property totaling 15,416 +/- SF on approximately 2.05 acres, built in 1990–2000.
- Large Building One: 11,480 +/- SF, two‑story concrete and masonry construction with a flexible floor plan.
- Building Two: 3,190 +/- SF (built 1999) with wood frame construction and a metal roof; includes two bathrooms.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $370.0k | $24.00 |
| − Vacancy | −$90.6k | −$5.88 |
| EGI | $279.3k | $18.12 |
| − OpEx | −$69.8k | −$4.53 |
| NOI | $209.5k | $13.59 |
15,416 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.99M
$2.62M – $3.49M
NOI $209,503 @ 7.0% cap · market cap 6.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.59M
$3.14M – $4.19M
NOI $251,404 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Three-building property with central heat and A/C, totaling 15,416 +/- SF, with parking for 28 vehicles.
Where is this office building located?
The property is located at 1511 S US Highway 301 Tampa, FL.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Three‑building commercial property totaling 15,416 +/- SF on approximately 2.05 acres, built in 1990–2000.; Large Building One: 11,480 +/- SF, two‑story concrete and masonry construction with a flexible floor plan.; Building Two: 3,190 +/- SF (built 1999) with wood frame construction and a metal roof; includes two bathrooms.
