Medical Office Redevelopment
For Sale
Contact for pricing
807 South Kings Avenue, Brandon, FL 33511
Four contiguous parcels along a divided arterial offer 179± feet of frontage and existing improvements suitable for redevelopment.
Property Size5,080 SF
Lot Size1.97 Acres
Price / SF$383.86
Days on Market97
Property Features for 807 South Kings Avenue
General Information
Standard status
Active
Size
5,080 SF
Class
C
Lot size
1.97 Acres
Property subtype
Land
Zoning
RSC-6
Occupancy
100%
Investment Type
Redevelopment
Additional Details
Road Access
Yes
Building Details
Year Built
1988
Buildings
3
Units
3
Tenancy
Multi
Listing Agency:
HomeTrust Realty Group - Riverview-Brandon
Listed By:
Smiley Papenfus · License #3147984
(813) 765-6145
Source:
Crexi
Added: Jul 24
Changed: Oct 25
Last Checked: Oct 28 at 5:05AM
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 HomeTrust Realty Group - Riverview-Brandon
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The offering consists of four contiguous parcels totaling 1.97± acres, with 807, 809, 811, and 815 S Kings Ave included in the sale. The assemblage includes one vacant parcel plus three existing houses built in 1978, 1988, and 1981. Approximate sizes provided include 1,720 SF living / 2,376 SF total, 1,088 SF living / 1,648 SF total, and 2,272 SF living / 2,312 SF total, along with a wide driveway providing access to the two rear parcels for flexibility in phased redevelopment or continued use of the existing improvements.
Located on Kings Avenue, a divided four-lane arterial with approximately 179± feet of frontage, the site benefits from an existing median opening and turn lanes for convenient access. The property is located approximately one mile from HCA Florida Brandon Hospital. Surrounding uses include established medical, dental, legal, and professional offices.
Hillsborough County’s Pre-Submittal Review process has been completed, with preliminary comments received from Zoning, the Planning Commission, and Transportation staff, providing early guidance for potential redevelopment. Buyers should independently verify all zoning, land use, development potential, governmental approvals, and measurements during due diligence.
Located on Kings Avenue, a divided four-lane arterial with approximately 179± feet of frontage, the site benefits from an existing median opening and turn lanes for convenient access. The property is located approximately one mile from HCA Florida Brandon Hospital. Surrounding uses include established medical, dental, legal, and professional offices.
Hillsborough County’s Pre-Submittal Review process has been completed, with preliminary comments received from Zoning, the Planning Commission, and Transportation staff, providing early guidance for potential redevelopment. Buyers should independently verify all zoning, land use, development potential, governmental approvals, and measurements during due diligence.
Key Highlights
- Four contiguous S Kings Ave parcels totaling 1.97± acres in Brandon’s established medical corridor.
- Approximately 179± feet of frontage on a divided four‑lane arterial with a median opening and turn lanes.
- Existing properties include three houses: 807 S Kings Ave (0.34± acres, vacant), 809 S Kings Ave (1978; 1,720 SF living/2,376 SF total), and 811 S Kings Ave (1988; 1,088 SF living/1,648 SF total).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,284
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,805,680
$1.8M
Cap Rate 7%
$1,289,771
$1.3M
Cap Rate 9%
$1,003,156
$1.0M
Market Conditions
NOI Build-Up for 5,080 SF
Gross rent
$147.5K $29.04/SF
− Vacancy
−$27.1K −$5.34/SF
EGI
$120.4K $23.70/SF
− OpEx
−$30.1K −$5.92/SF
NOI
$90.3K $17.77/SF
Area
Brandon, FL
Vacancy
18.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,805,680
Cap Rate 7%
$1,289,771
Cap Rate 9%
$1,003,156
Alternative Uses
Best Use
Office B
$1.29M
$1.13M – $1.50M
NOI $90,284 @ 7.0% cap · market cap 4.63%
Second Best
Healthcare Medical
$1.07M
$938.2K – $1.25M
NOI $75,054 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,771 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,720
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33511, FL
56,627
Population
24,579
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
91%
High-School Grad
16.0 sq mi
ZIP Area
3,539
Density / Sq Mi
$77,383
Median Household Income
$44,521
Median Earnings
$1,684
Median Rent
$324,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Big Bend Animal Hospital — 693 W Lumsden Rd, Brandon, FL 33511
- Animal Emergency Clinic of Brandon — 693 W Lumsden Rd, Brandon, FL 33511
- BluePearl Pet Hospital — 607 Lumsden Professional Ct, Brandon, FL 33511
- Morgan Animal Hospital — 409 S Kings Ave, Brandon, FL 33511
- Fetch — Brandon, FL 33511
Frequently Asked Questions
What type of property is this?
Medical Office Space - Four contiguous parcels along a divided arterial offer 179± feet of frontage and existing improvements suitable for redevelopment.
Where is this medical office space located?
The property is located at 807 South Kings Avenue Brandon, FL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Four contiguous S Kings Ave parcels totaling 1.97± acres in Brandon’s established medical corridor.; Approximately 179± feet of frontage on a divided four‑lane arterial with a median opening and turn lanes.; Existing properties include three houses: 807 S Kings Ave (0.34± acres, vacant), 809 S Kings Ave (1978; 1,720 SF living/2,376 SF total), and 811 S Kings Ave (1988; 1,088 SF living/1,648 SF total).
