Four-Building Automotive
New
For Sale
$1,200,000
1814 S PARSONS Avenue, Seffner, FL 33584
Commercial Sale, SEFFNER, FL
Property Size8,373 SF
Lot Size0.87 Acres
Price / SF$143.32
Days on Market5
Property Features for 1814 S PARSONS Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CG
Security features
Security Lighting
Subdivision
UNPLATTED
Lot features
Sidewalk, Sloped, Street Lights
Directions
From I-75, take Exit 260A for FL-574 East / Dr. Martin Luther King Jr. Blvd (eastbound toward Mango/Seffner). (If you're coming from the west/north on I-75, this exit splits into 260A/260B for the two directions of MLK Jr. Blvd - take the eastbound side.) Head east on Dr. Martin Luther King Jr. Blvd (FL-574) for roughly 2.5-3 miles, through the Mango area and into Seffner. Turn right (south) onto S Parsons Ave. The property, 1814 S Parsons Ave, is a short distance south on the right.
Standard status
Active
APN
U-11-29-20-ZZZ-000002-44070.0
Size
8,373 SF
Lot size
0.87 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT BEG 520 FT S AND 31 FT E OF NW COR OF NW 1/4 AND RUN E 94 FT S 66.55 FT W 94 FT AND N 66.55 FT TO BEG...TOG WITH LOT BEG 325 FT E AND 586.55 FT S OF NW COR OF NW 1/4 RUN W 300 FT S 122 FT MOL TO R/W OF RR AND N 67 DEG 05 MIN E ALG RR R/W TO BEG L ESS W 6 FT FOR ADD'L R/W FOR PARSONS AVE... TOG WITH TRACT BEG 520 FT S AND 125 FT E OF NW COR OF NW 1/4 OF NW 1/4 RUN E 200 FT S 66.55 FT W 200 FT AND N 66 .55 FT TO POB
Tax Annual Amount
10646
Legal Description
LOT BEG 520 FT S AND 31 FT E OF NW COR OF NW 1/4 AND RUN E 94 FT S 66.55 FT W 94 FT AND N 66.55 FT TO BEG...TOG WITH LOT BEG 325 FT E AND 586.55 FT S OF NW COR OF NW 1/4 RUN W 300 FT S 122 FT MOL TO R/W OF RR AND N 67 DEG 05 MIN E ALG RR R/W TO BEG L ESS W 6 FT FOR ADD'L R/W FOR PARSONS AVE... TOG WITH TRACT BEG 520 FT S AND 125 FT E OF NW COR OF NW 1/4 OF NW 1/4 RUN E 200 FT S 66.55 FT W 200 FT AND N 66 .55 FT TO POB
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
Heating system
Central, Ductless (Heating)
Cooling system
Window Unit(s), Central Air, Wall/Window Unit(s)
Water source
Public
Building Details
Year built
1958
Floors in Building
1
Number of units
4
Building materials
Block, Metal Frame, Metal Siding, Stucco, Frame, Wood Siding
Roof type
Metal, Shingle
Additional Structures
Workshop
Listing Agency:
KILGORE REAL ESTATE
(813) 689-5881
Listed By:
John Grygiel · License #BK3047183
(813) 493-0008
Added: Sep 14
Changed: Sep 18
Last Checked: Sep 18 at 1:06PM
MLS# TB8548487
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 four-building automotive property contains 8,373 square feet on a 0.87-acre site. Improvements include an office building and two auto repair or garage buildings equipped with seven above-ground hydraulic lifts. The office roof was replaced in 2025. Construction includes block, metal frame, metal siding, stucco, frame, and wood siding elements, with central and ductless heating options and central air, window, or wall/window cooling systems.
Located at 1814 S Parsons Avenue in Seffner, the property provides 194' of frontage and approximately 19,300 vehicles per day. The site is zoned CG, with public water, a septic tank, and electricity available. Three tenants occupy the property under month-to-month leases, and the site also includes a cell tower easement. The zoning supports continued automotive use or redevelopment.
Located at 1814 S Parsons Avenue in Seffner, the property provides 194' of frontage and approximately 19,300 vehicles per day. The site is zoned CG, with public water, a septic tank, and electricity available. Three tenants occupy the property under month-to-month leases, and the site also includes a cell tower easement. The zoning supports continued automotive use or redevelopment.
Key Highlights
- Four‑building property totaling 8,373 square feet on 0.87 acres
- Two auto repair or garage buildings with seven above‑ground hydraulic lifts
- 194' of frontage on S. Parsons Ave with +/-19,300 vehicles per day
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
$101,691
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
8.47%
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%
$2,033,820
$2.0M
Cap Rate 7%
$1,452,729
$1.5M
Cap Rate 9%
$1,129,900
$1.1M
Market Conditions
NOI Build-Up for 8,373 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
$153.7K $18.36/SF
− Vacancy
−$8.5K −$1.01/SF
EGI
$145.3K $17.35/SF
− OpEx
−$43.6K −$5.21/SF
NOI
$101.7K $12.15/SF
Area
Hillsborough County, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
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%
$2,033,820
Cap Rate 7%
$1,452,729
Cap Rate 9%
$1,129,900
Alternative Uses
Best Use
Industrial
$1.45M
$1.27M – $1.69M
NOI $101,691 @ 7.0% cap · market cap 8.47%
Second Best
Retail
$1.17M
$1.03M – $1.37M
NOI $82,202 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$2.42M
$2.12M – $2.83M
NOI $169,742 @ 7.0% cap · market cap 14.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
7
Service bays
19,300 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33584, FL
27,503
Population
10,906
Households
2.5
Avg Household Size
39
Median Age
26%
College-Educated
88%
High-School Grad
19.2 sq mi
ZIP Area
1,432
Density / Sq Mi
$68,330
Median Household Income
$42,648
Median Earnings
$1,379
Median Rent
$280,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - CG-zoned site with automotive service buildings, an office component, and existing month-to-month occupancy.
Where is this auto shop located?
The property is located at 1814 S PARSONS Avenue Seffner, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Four‑building property totaling 8,373 square feet on 0.87 acres; Two auto repair or garage buildings with seven above‑ground hydraulic lifts; 194' of frontage on S. Parsons Ave with +/-19,300 vehicles per day
