Mixed-Use Property with Office-Residential
For Sale
$685,000
504 S KINGS AVE, Brandon, FL 33511
An adjoining parcel is available to expand the existing site.
Property Size3,414 SF
Lot Size0.70 Acres
Price / SF$200.64
Days on Market170
Property Features for 504 S KINGS AVE
General Information
Standard status
Active
Size
3,414 SF
Lot size
0.70 Acres
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$8,763
Building Details
Building Size
3,414 SF
Year Built
1951
Listing Agency:
FLORIDA EXECUTIVE REALTY 2
Listed By:
Connor Loyd · License #3364064
(813) 832-5400
Source:
Frankalbertrealty
Added: May 12
Changed: Oct 27
Last Checked: Oct 27 at 4:12AM
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 FLORIDA EXECUTIVE REALTY 2
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Investment Insights
Based on property information with market context.
At 504 S Kings Ave in Brandon, this mixed-use property includes a 3,414-square-foot building constructed in 1951. The 0.7-acre parcel carries Office Residential Zoning, which allows a range of uses.
The neighboring property at 502 Kings Ave may be included, bringing the combined land area to 1.1 acres. The existing building can be renovated for occupancy or the site redeveloped.
The neighboring property at 502 Kings Ave may be included, bringing the combined land area to 1.1 acres. The existing building can be renovated for occupancy or the site redeveloped.
Key Highlights
- 3,414‑square‑foot building constructed in 1951
- 0.7‑acre parcel with Office Residential Zoning
- Neighboring 502 Kings Ave parcel may be included, bringing the combined site to 1.1 acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,436
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$988,720
$988.7K
Cap Rate 7%
$706,229
$706.2K
Cap Rate 9%
$549,289
$549.3K
Market Conditions
NOI Build-Up for 3,414 SF
Gross rent
$88.1K $25.80/SF
− Vacancy
−$9.0K −$2.63/SF
EGI
$79.1K $23.17/SF
− OpEx
−$29.7K −$8.69/SF
NOI
$49.4K $14.48/SF
Area
Brandon, FL
Vacancy
10.20%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$988,720
Cap Rate 7%
$706,229
Cap Rate 9%
$549,289
Alternative Uses
Best Use
Mixed Use
$706.2K
$618.0K – $823.9K
NOI $49,436 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,900 @ 7.0% cap · market cap 13.12%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,700
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - An adjoining parcel is available to expand the existing site.
Where is this mixed-use property located?
The property is located at 504 S KINGS AVE Brandon, FL.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 3,414‑square‑foot building constructed in 1951; 0.7‑acre parcel with Office Residential Zoning; Neighboring 502 Kings Ave parcel may be included, bringing the combined site to 1.1 acres
