Freestanding Office
For Sale
$1,490,000
5813 and 5815 S MACDILL AVENUE, Tampa, FL 33611
Two block-constructed professional office buildings with efficient floor plans, each featuring multiple offices and restrooms.
Property Size3,522 SF
Price / SF$423.06
Days on Market106
Property Features for 5813 and 5815 S MACDILL AVENUE
General Information
Standard status
Active
Size
3,522 SF
Property subtype
Office
Additional Details
Office Units
12
Building Details
Year Built
2006
Year Renovated
2025
Listing Agency:
SMITH & ASSOCIATES REAL ESTATE
(813) 839-3800
Listed By:
Kevin Platt · License #512251
(813) 361-5878
Source:
Endlesssummerrealty
Added: Jul 7
Changed: Oct 19
Last Checked: Oct 19 at 9:53AM
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 SMITH & ASSOCIATES REAL ESTATE
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Investment Insights
Based on property information with market context.
This offering includes two freestanding professional office buildings at 5813 and 5815 S MacDill Avenue. Both buildings are block-constructed and feature efficient floor plans with six offices, two restrooms, and a break area in each building. A new roof was installed in 2025, and each property includes on-site parking.
The properties are located along the rapidly redeveloping MacDill Avenue corridor in South Tampa. The on-site parking lot was recently resurfaced, and signage is available. Owner occupancy is possible as leases are described as short term.
The buildings are shown by appointment only with reasonable notice.
The properties are located along the rapidly redeveloping MacDill Avenue corridor in South Tampa. The on-site parking lot was recently resurfaced, and signage is available. Owner occupancy is possible as leases are described as short term.
The buildings are shown by appointment only with reasonable notice.
Key Highlights
- Two free‑standing professional office buildings (5813 and 5815) on MacDill Avenue in South Tampa
- Year built 2006; block construction buildings with efficient floor plans
- Each building offers 6 offices, 2 restrooms, and a break area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,864
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$957,280
$957.3K
Cap Rate 7%
$683,771
$683.8K
Cap Rate 9%
$531,822
$531.8K
Market Conditions
NOI Build-Up for 3,522 SF
Gross rent
$84.5K $24.00/SF
− Vacancy
−$20.7K −$5.88/SF
EGI
$63.8K $18.12/SF
− OpEx
−$16.0K −$4.53/SF
NOI
$47.9K $13.59/SF
Area
Tampa, FL
Vacancy
24.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$957,280
Cap Rate 7%
$683,771
Cap Rate 9%
$531,822
Alternative Uses
Best Use
Office B
$683.8K
$598.3K – $797.7K
NOI $47,864 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$820.5K
$718.0K – $957.3K
NOI $57,437 @ 7.0% cap · market cap 3.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
12
Office units
Location Intelligence
Trade Area within ½ mile
442
Businesses Nearby
Explore this area
Business Placement
Demographics for 33611, FL
34,101
Population
18,682
Households
1.8
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
6.3 sq mi
ZIP Area
5,413
Density / Sq Mi
$82,804
Median Household Income
$63,797
Median Earnings
$1,681
Median Rent
$449,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Tampa, FL
Frequently Asked Questions
What type of property is this?
Office building - Two block-constructed professional office buildings with efficient floor plans, each featuring multiple offices and restrooms.
Where is this office building located?
The property is located at 5813 and 5815 S MACDILL AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Two free‑standing professional office buildings (5813 and 5815) on MacDill Avenue in South Tampa; Year built 2006; block construction buildings with efficient floor plans; Each building offers 6 offices, 2 restrooms, and a break area
