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Flex Building with Office Suites

6581 Seminole Boulevard SEMINOLE Seminole, FL 33772

6581 Seminole Boulevard SEMINOLE, Seminole, FL, 33772
$1,600,000
For Sale
$1,600,000

Freestanding flex/industrial building with four office/workshop areas, two bathrooms, and receiving/warehouse space.

Property Size4,507 SF
Lot Size0.62 Acres
Price / SF$355
Days on Market14

Property Features for 6581 Seminole Boulevard SEMINOLE

General Information

Standard status
Active
Size
4,507 SF
Lot size
0.62 Acres

Building Details

Year Built
1989
Listing agency
Listed by Danielle Ramesar
Source Therealestatecollection
Added: Jul 8 Updated: Jul 20 at 8:50PM Checked: Jul 21 at 3:32AM

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 Danielle Ramesar


Investment Insights

Based on property information with market context.

A 7,492 gross square foot flex building on a 0.62-acre parcel, zoned CG (Commercial General). The interior includes expansive 4,507 air conditioned office/workshop space, four separate office/workshop areas, and two bathrooms. The building is currently configured as two separate suites, with flexibility to create additional suites and other configurations.

The ground-floor receiving/warehouse area totals 1,973 square feet and is accessible from both north and south side entrances. Additional storage is provided by 1,012 square feet of mezzanine storage.

The site offers 14 on-site parking spaces, including one handicap space, and 235 feet of frontage directly on Seminole Boulevard. The property is positioned for straightforward access in all directions, and the rear includes a small pond.

Key Highlights

  • 7,492 total SF commercial building on a 0.62‑acre city lot, built in 1989 with slab foundation and asphalt road surface
  • 4,507 air conditioned SF with four separate office/workshop areas and 2 bathrooms
  • Receiving/warehouse space includes 1,973 ground‑floor SF accessible from both north and south side entrances, plus 1,012 SF mezzanine storage

Local 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 $117.4k $26.04
− Vacancy −$24.1k −$5.34
EGI $93.3k $20.70
− OpEx −$23.3k −$5.18
NOI $70.0k $15.53
4,507 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$999.7K
$874.7K – $1.17M (±1% cap)
NOI $69,977 @ 7.0% cap · market cap 4.37%
Second Best
Flex RnD
$582.5K
$509.7K – $679.6K (±1% cap)
NOI $40,775 @ 7.0% cap · market cap 2.55%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M (±1% cap)
NOI $82,061 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Big Box & Wholesale Store Building Supply Restaurant Law Firm Dental Office Auto Parts Store Hotel & Motel Storage Facility Garden Center Spa & Massage Center

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

Similar Off Market Nearby

  • Jim'sJerky — 6139 98th Way N, St. Petersburg, FL 33708

FAQs

What type of property is this?
Flex space - Freestanding flex/industrial building with four office/workshop areas, two bathrooms, and receiving/warehouse space.
Where is this flex space located?
The property is located at 6581 Seminole Boulevard SEMINOLE Seminole, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 7,492 total SF commercial building on a 0.62‑acre city lot, built in 1989 with slab foundation and asphalt road surface; 4,507 air conditioned SF with four separate office/workshop areas and 2 bathrooms; Receiving/warehouse space includes 1,973 ground‑floor SF accessible from both north and south side entrances, plus 1,012 SF mezzanine storage
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