Versatile Office Building Near
For Sale
$1,300,000
Pending
6928 W LINEBAUGH AVENUE, Tampa, FL 33625
5,160 SF office building with flexible layout and ample parking.
Property Size5,160 SF
Lot Size0.12 Acres
Days on Market204
Property Features for 6928 W LINEBAUGH AVENUE
General Information
Standard status
Pending
Size
5,160 SF
Lot size
0.12 Acres
Property subtype
Commercial
Building Details
Year Built
2007
Listing Agency:
HOFFMAN & HOFFMAN REALTY INC.
(727) 251-1966
Listed By:
LAURA HOFFMAN · License #706783
Source:
Corcoran
Added: Jan 12
Changed: Jul 6
Last Checked: Jul 23 at 9:40AM
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 HOFFMAN & HOFFMAN REALTY INC.
Investment Insights
Based on property information with market context.
This 5,160 square foot office building is located near the Veterans Expressway, offering accessibility to Dale Mabry Highway and Westchase. The interior features professional finishes, including crown molding, a granite reception counter, and updated restrooms. The layout includes multiple private offices of varying sizes, two executive offices (one with a private en-suite bath), and a collaborative open-office area with oversized cubicles suitable for team-based work, training, or administrative operations. Currently subdivided into two office suites, including a smaller suite with a private entrance, the space can be reconfigured into one large contiguous office to suit business needs. The building is fully plumbed for medical use and allows for multiple professional and commercial applications. On-site parking includes 8 deeded spaces exclusively for this building, plus additional open parking. A new roof is planned for installation in 2025.
Key Highlights
- Prime location: Just off Veterans Expressway, 10 minutes to Dale Mabry Highway and Westchase.
- Ample parking: 8 deeded spaces plus additional open parking.
- Flexible layout: Subdivided into two suites with private entrance; easily reconfigured into one large space.
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 | $123.8k | $24.00 |
| − Vacancy | −$30.3k | −$5.88 |
| EGI | $93.5k | $18.12 |
| − OpEx | −$23.4k | −$4.53 |
| NOI | $70.1k | $13.59 |
5,160 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.00M
$876.6K – $1.17M
NOI $70,124 @ 7.0% cap · market cap 5.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,149 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
960
Businesses Nearby
Explore this area
Business Placement
Demographics for 33625, FL
28,704
Population
12,025
Households
2.4
Avg Household Size
40
Median Age
38%
College-Educated
93%
High-School Grad
9.0 sq mi
ZIP Area
3,189
Density / Sq Mi
$83,907
Median Household Income
$46,483
Median Earnings
$1,797
Median Rent
$341,600
Median Home Value
Market
Vacancy Rate% for Office in Tampa, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 5,160 SF office building with flexible layout and ample parking.
Where is this office building located?
The property is located at 6928 W LINEBAUGH AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime location: Just off Veterans Expressway, 10 minutes to Dale Mabry Highway and Westchase.; Ample parking: 8 deeded spaces plus additional open parking.; Flexible layout: Subdivided into two suites with private entrance; easily reconfigured into one large space.
