Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    East Tampa Business Center Space Title is generated by Realmo AI

    6459 South Falkenburg Road, Riverview, FL 33578

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Class A commercial space in East Tampa submarket.

    Type:Industrial
    Property size:
    48,078 SF
    Added:
    Mar 25, 2026
    Days on Market:
    56
    Last Refresh:
    Mar 20 at 8:08 pm

    Property Features for 6459 South Falkenburg Road

    General Information

    Standard status
    Active
    Size
    48,078 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Kris Courier

    Listing agent Kris Courier

    Listing office CBRE | Tampa

    Listing date Mar 25, 2026

    Source Cbre

    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 CBRE | Tampa

    HighLights

    • Class A business park
    • Located in the East Tampa submarket
    • Developed by EastGroup Properties
    • Convenient location on Falkenburg Road
    • Just west of Interstate 75
    • Part of Grand Oaks 75 Business Center

    Overview

    Grand Oaks 75 Business Center, developed by EastGroup Properties, is situated in the East Tampa submarket. This Class A commercial space is located on Falkenburg Road, west of Interstate 75. The property has a size of 48078 square feet.
    Location Intelligence

    Current Use by Public Records

    Vallen Building Supply

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riverview
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3599615
    Latitude
    27.8868085

    Nearby Similar for Lease

    • Sponsored
      $129-$4,145/Mo
      11-1,292 SF

      FL, Riverview - Crescent Park

      3905 Crescent Park Dr, Unit 1ST, Riverview, FL 33578
      View Details
    • $28,250 SF/Yr
      990 SF

      Adaptable Commercial Space For Rent

      990 SF commercial space suitable for office or retail.
      7414 COMMERCE St, Riverview, FL 33578
      View Details
    • $21,600 SF/Yr
      600 SF

      Updated Commercial Space For Rent

      Move-in ready commercial space suitable for office or retail use.
      7410 COMMERCE St 101, Riverview, FL 33578
      View Details
    • $34 SF/Yr
      2,300 SF

      Medical Office Space Available

      Well-appointed medical office space with operating room.
      10420-10422 US Hwy 301, Riverview, FL
      View Details
    • Contact for pricing
      75,236 SF

      East Tampa Warehouse Space Available

      Class A industrial space in East Tampa submarket for lease.
      6455 South Falkenburg Road, Riverview, FL, 33578
      View Details
    • Contact for pricing
      10,013 SF

      Riverview Flex Space Available

      10,013 SF climate-controlled flex space in a prime location.
      2926 South Falkenburg Road, Riverview, FL 33578
      View Details
    • Contact for pricing
      600 SF

      Updated Commercial Space For Rent

      Move-in ready 600 sq ft commercial space for office/retail use.
      7410 Commerce Street, Unit 101, Riverview, FL 33578
      View Details
    • Contact for pricing
      49,840 SF

      Riverview Warehouse with Dock-High Doors

      49,840 SF warehouse space available for sublease in Riverview.
      6333 Pelican Creek Circle, Riverview, FL 33578
      View Details
    • Contact for pricing
      88,896 SF

      Riverview Warehouse Space For Lease

      88,896 SF warehouse with 32' clear height available for lease.
      4030 Crescent Park Drive, Riverview, FL, 33578
      View Details
    • Contact for pricing
      32,129 SF

      East Tampa Warehouse Space Available

      32,129 SF Class A warehouse space for lease.
      6555 Pelican Creek Circle, Riverview, FL, 33578
      View Details
    • Contact for pricing
      2,800 SF

      Retail Building on US 301

      Retail space with high traffic and excellent frontage available for rent.
      8203 US Hwy 301, Riverview, FL
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Riverview, FL

      Retail space available in a Publix-anchored shopping center.
      11637-11695 Boyette Rd, Riverview, FL
      View Details

    FAQs

    What type of property is this?
    Specialty property - Class A commercial space in East Tampa submarket.
    Where is this specialty property located?
    The property is located at 6459 South Falkenburg Road Riverview, FL.
    What are key features of this property?
    This property features: Class A business park; Located in the East Tampa submarket; Developed by EastGroup Properties
    (813) 273-8442
    We can help!
    Listing Contact
    Kris Courier
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6459 South Falkenburg Road, Riverview, FL, 33578
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!