Spacious Industrial Building on Large
5802 N OCCIDENT STREET Tampa, FL 33614
5802 N OCCIDENT STREET, Tampa, FL, 33614
$1,950,000
For Sale
$1,950,000
Industrial - TAMPA, FL
Property Size6,780 SF
Lot Size1.88 Acres
Price / SF$287.61
Days on Market170
Property Features for 5802 N OCCIDENT STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Industrial
- Zoning
- SPI-AP-3
- Standard status
- Active
- APN
- U-32-28-18-ZZZ-000001-03230.0
- Size
- 6,780 SF
- Lot size
- 1.88 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 11183.2
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Zoned
Building Details
- Year built
- 1980
- Flooring type
- Vinyl
- Building materials
- Frame, Metal Siding
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
CAPITAL REALTY INVESTMENT GRP
(813) 625-6900
407 Princess St, Sun City Center, FL
Listed by
Rhett Pennington · License #3215635
(813) 625-6900
Added: Jan 28 Checked: Jul 17 at 11:06 am
MLS# TB8462326
Listing URL
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 6,780 square foot commercial building, previously serving as the headquarters for an established Engineering Services company, is available for purchase. Constructed of metal and well-maintained, the building features ten offices, two general use bathrooms, and a kitchen facility. It also includes two main offices, each with personal restrooms. An expansive upstairs area offers additional offices framed for future expansion or extra storage. Situated on a 1.8-acre lot, the site provides ample space for constructing additional buildings and unlimited parking for employees and large equipment. The current owners are preparing for retirement, presenting the opportunity to purchase both the business and the real estate. The Engineering Services business is also available for purchase.
Key Highlights
- Spacious 6,780 S.F. commercial building on a generous 1.8‑acre lot with unlimited parking.
- Opportunity to purchase the established Engineering Services business and the real estate together or separately.
- Well‑maintained metal construction with ten offices, two main offices with personal restrooms, and a kitchen facility.
Local Financial Insights For Industrial
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 | $89.5k | $13.20 |
| − Vacancy | −$4.9k | −$0.73 |
| EGI | $84.6k | $12.47 |
| − OpEx | −$25.4k | −$3.74 |
| NOI | $59.2k | $8.73 |
6,780 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$845.7K
$740.0K – $986.7K
NOI $59,202 @ 7.0% cap · market cap 3.04%
Second Best
Office B
$653.6K
$571.9K – $762.6K
NOI $45,753 @ 7.0% cap · market cap 2.35%
Theoretical Best
Multifamily LT 5
$1.13M
$989.2K – $1.32M
NOI $79,139 @ 7.0% cap · market cap 4.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
BTL Engineering Services
Engineering Consultant
Similar For Sale Nearby
FAQs
What type of property is this?
Industrial property - 6,780 SF commercial building on 1.8-acre lot in Tampa.
Where is this industrial property located?
The property is located at 5802 N OCCIDENT STREET Tampa, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Spacious 6,780 S.F. commercial building on a generous 1.8‑acre lot with unlimited parking.; Opportunity to purchase the established Engineering Services business and the real estate together or separately.; Well‑maintained metal construction with ten offices, two main offices with personal restrooms, and a kitchen facility.
