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Prime Retail Property on SR-60

2617 E BRANDON Blvd, Valrico, FL 33594

For Sale
$1,195,000
Pending

Freestanding building on Brandon Blvd with high visibility.

Property Size4,488 SF
Lot Size1.16 Acres
Days on Market245

Property Features for 2617 E BRANDON Blvd

General Information

Standard status Pending
Size 4,488 SF
Lot size 1.16 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $12,031

Building Details

Building Size 4,488 SF
Year Built 1985
Listing Agency: Keller Williams Tampa Properties
Listed By: Alexander Lucke · License #3351552
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Jul 17 at 2:14AM

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 Keller Williams Tampa Properties

Rey
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Investment Insights

Based on property information with market context.

Located directly on State Road 60 (Brandon Blvd) in Eastern Hillsborough County, this retail property features a 4,488 square foot freestanding building on approximately 1.16 acres. Constructed in 1985 with concrete block and masonry, the building is divided into two units. One unit, approximately 2,000 square feet, is currently leased to Doggy Day Trips Spa & Boutique. The other unit, approximately 2,500 square feet, is vacant and available for immediate occupancy. The property benefits from high visibility and over 102 feet of direct frontage on SR-60, which sees over 37,000 vehicles daily. A notable feature is the valuable rear yard space, suitable for outdoor storage, fleet parking, or equipment staging. Ample rear parking and prominent pylon signage are also present. The CG zoning allows for a variety of commercial uses, making it suitable for retail, showroom, contractor services, or businesses seeking a high-traffic location with outdoor space.

Key Highlights

  • Prime retail location directly on State Road 60 (Brandon Blvd) with high traffic volume (37,000 AADT).
  • Freestanding 4,488 SF building on ±1.16 acres offering investment or owner‑user potential.
  • Valuable rear yard space, rare for this corridor, suitable for outdoor storage, fleet parking, or equipment staging.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,298
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,285,960 $1.3M
Cap Rate 7%
$918,543 $918.5K
Cap Rate 9%
$714,422 $714.4K
Market Conditions
NOI Build-Up for 4,488 SF
Gross rent
$98.6K $21.96/SF
− Vacancy
−$6.7K −$1.49/SF
EGI
$91.9K $20.47/SF
− OpEx
−$27.6K −$6.14/SF
NOI
$64.3K $14.33/SF
Area
Brandon, FL
Vacancy
6.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,285,960
Cap Rate 7%
$918,543
Cap Rate 9%
$714,422

Alternative Uses

Best Use
Retail
$918.5K
$803.7K – $1.07M (±1% cap)
NOI $64,298 @ 7.0% cap · market cap 5.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.97M (±1% cap)
NOI $118,182 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Tanning Salon Acupuncture Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,080
Businesses Nearby
1M
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 28% Superstores 23% Shops & Services 19% Dining 11%
Target Superstores
120,387 visits/mo 0.2 miles
Sam's Club Superstores
113,771 visits/mo 0.5 miles
T.J. Maxx Apparel
61,150 visits/mo 0.2 miles
Dillard's Apparel
60,939 visits/mo 0.4 miles
JCPenney Apparel
59,174 visits/mo 0.4 miles

Demographics for 33594, FL

35,299
Population
14,067
Households
2.5
Avg Household Size
43
Median Age
33%
College-Educated
91%
High-School Grad
10.2 sq mi
ZIP Area
3,461
Density / Sq Mi
$91,969
Median Household Income
$46,905
Median Earnings
$1,684
Median Rent
$300,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Retail space in Hillsborough County, FL

$388 Jul
$392 Aug
$398 Sep
$315 Oct

Properties on Market for Retail space in Hillsborough County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Freestanding building on Brandon Blvd with high visibility.
Where is this retail space located?
The property is located at 2617 E BRANDON Blvd Valrico, FL.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Prime retail location directly on State Road 60 (Brandon Blvd) with high traffic volume (37,000 AADT).; Freestanding 4,488 SF building on ±1.16 acres offering investment or owner‑user potential.; Valuable rear yard space, rare for this corridor, suitable for outdoor storage, fleet parking, or equipment staging.
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