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Free-Standing Office Building with Reception
For Sale
$900,000
Pending

329 Pauls Drive Unit 101, Brandon, FL 33511

Well-maintained office building with a reception area, private offices, conference room, and ample dedicated parking.

Property Size2,530 SF
Days on Market73

Property Features for 329 Pauls Drive Unit 101

General Information

Standard status Pending
Size 2,530 SF
Total Parking Spaces 14
Property subtype Office
Zoning BMS-TC2

Site & Location

Traffic Count 10,000 vehicles/day
Highway Access Yes

Building Details

Year Built 1964
Tenancy Multi
Listing Agency: EXP REALTY LLC
Listed By: Jeffrey Borham, PA · License #3115528
Source: Xome
Added: May 22 Changed: Jul 10 Last Checked: Jul 23 at 9:06AM

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 EXP REALTY LLC

Investment Insights

Based on property information with market context.

This well-maintained, free-standing office building is currently set up for multiple tenants, with a welcoming reception area, multiple private offices, a conference room, kitchen, storage space, and two bathrooms. Additional flexibility is provided by French doors that open to a fenced rear area for tenant use. The property includes 14 dedicated parking spaces and offers a practical, turn-key style layout for office operations.

The building is zoned BMS-TC2 and is described as situated along highly traveled Oakfield Drive, which sees more than 10,000 vehicles per day. It is positioned near the Brandon Post Office and Chamber of Commerce, and just blocks from Brandon Regional Hospital, surrounded by established businesses and professional services. Access to I-75, I-4, and the Leroy Selmon Expressway is noted for both commuters and clients, with Tampa International Airport approximately 19 miles away.

For tenants and owner-occupiers, the mix of private offices, conference space, and back-area use supports a range of professional office needs. For buyers, the property is currently home to eight tenants, with many scheduled to renew within the next 90 days, reflecting near-term occupancy stability. Dedicated parking and a multi-room configuration also help streamline day-to-day operations and client visits.

Key Highlights

  • Well‑maintained free‑standing office building built in 1964, zoned BMS‑TC2
  • Currently has 8 tenants with many scheduled to renew within the next 90 days
  • Located on Oakfield Drive with more than 10,000 vehicles per day

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 $73.5k $29.04
− Vacancy −$13.5k −$5.34
EGI $60.0k $23.70
− OpEx −$15.0k −$5.92
NOI $45.0k $17.77
2,530 SF · lease $29.04/SF/yr · vacancy 18.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$642.3K
$562.1K – $749.4K (±1% cap)
NOI $44,964 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$951.7K
$832.8K – $1.11M (±1% cap)
NOI $66,622 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Thread of Hope Counseling Foster Care Service

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Food Market Electrical Service Storage Facility Auto Parts Store

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

Lease Details

10,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,182
Businesses Nearby

Demographics for 33511, FL

56,627
Population
24,579
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
91%
High-School Grad
16.0 sq mi
ZIP Area
3,539
Density / Sq Mi
$77,383
Median Household Income
$44,521
Median Earnings
$1,684
Median Rent
$324,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office building with a reception area, private offices, conference room, and ample dedicated parking.
Where is this office building located?
The property is located at 329 Pauls Drive Unit 101 Brandon, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Well‑maintained free‑standing office building built in 1964, zoned BMS‑TC2; Currently has 8 tenants with many scheduled to renew within the next 90 days; Located on Oakfield Drive with more than 10,000 vehicles per day
More about this property
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