Vacant Flex Space with
For Sale
$3,600,000
6806 Parke East Blvd, Tampa, FL 33610
Industrial facility offers immediate occupancy and a configuration that can support full or partial use.
Property Size21,912 SF
Days on Market104
Property Features for 6806 Parke East Blvd
General Information
Standard status
Active
Size
21,912 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Building Details
Building Size
21,912 SF
Listing Agency:
Matthews Real Estate Investments Services | Tampa
Listed By:
Nick Watson · License #SL3469703 (FL)
(727) 579-8449
Source:
Matthews
Added: Jul 3
Changed: Oct 3
Last Checked: Oct 14 at 7:34PM
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 Matthews Real Estate Investments Services | Tampa
Investment Insights
Based on property information with market context.
This flex-space property at 6806 Parke East Blvd is being offered vacant, allowing an owner-user to take occupancy without an existing tenant in place. The industrial facility includes functional improvements and yard area, with a layout that can accommodate use of the full building or a portion of the space. The configuration also supports leasing part of the property while retaining space for the owner’s operations.
The property is located in East Tampa with access to I-4, US-301, and the Selmon Expressway. The surrounding area includes logistics, building materials, manufacturing, warehousing, and service-oriented businesses. Regional connections extend throughout Tampa Bay, Orlando, and Central Florida, with access to the Port of Tampa Bay and Tampa International Airport.
The property is located in East Tampa with access to I-4, US-301, and the Selmon Expressway. The surrounding area includes logistics, building materials, manufacturing, warehousing, and service-oriented businesses. Regional connections extend throughout Tampa Bay, Orlando, and Central Florida, with access to the Port of Tampa Bay and Tampa International Airport.
Key Highlights
- Vacant delivery supports immediate occupancy
- Flex‑space configuration can accommodate full‑building or partial use
- Functional improvements and yard area included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$222,530
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,450,600
$4.5M
Cap Rate 7%
$3,179,000
$3.2M
Cap Rate 9%
$2,472,556
$2.5M
Market Conditions
NOI Build-Up for 21,912 SF
Gross rent
$368.1K $16.80/SF
− Vacancy
−$25.8K −$1.18/SF
EGI
$342.4K $15.62/SF
− OpEx
−$119.8K −$5.47/SF
NOI
$222.5K $10.16/SF
Area
ZIP 33610
Vacancy
7.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,450,600
Cap Rate 7%
$3,179,000
Cap Rate 9%
$2,472,556
Alternative Uses
Best Use
Flex RnD
$3.18M
$2.78M – $3.71M
NOI $222,530 @ 7.0% cap · market cap 6.18%
Second Best
Industrial
$2.01M
$1.76M – $2.35M
NOI $140,889 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$5.05M
$4.42M – $5.90M
NOI $353,765 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33610, FL
45,218
Population
17,995
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
82%
High-School Grad
18.0 sq mi
ZIP Area
2,512
Density / Sq Mi
$49,765
Median Household Income
$34,773
Median Earnings
$1,307
Median Rent
$210,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Tampa, FL
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial facility offers immediate occupancy and a configuration that can support full or partial use.
Where is this flex space located?
The property is located at 6806 Parke East Blvd Tampa, FL.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Vacant delivery supports immediate occupancy; Flex‑space configuration can accommodate full‑building or partial use; Functional improvements and yard area included
