Tampa Office Building For
For Sale
$1,500,000
8407 Pinehurst Dr, Tampa, FL 33615
Office building for sale north of Waters Avenue in Tampa.
Property Size4,531 SF
Days on Market346
Property Features for 8407 Pinehurst Dr
General Information
Standard status
Active
Size
4,531 SF
Class
C
Property subtype
Office
Building Details
Building Size
4,531 SF
Year Built
2002
Listing Agency:
Commercial Real Estate Services of SWFL, Inc.
Listed By:
Carlos Acosta, CCIM · License #FL #BK3161197
(239) 823-0115
Source:
Cresswfl
Added: Nov 25, 2025
Changed: Oct 30
Last Checked: Nov 4 at 11:28AM
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 Commercial Real Estate Services of SWFL, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,531-square-foot office building is located just north of Waters Avenue, between Hanley Road and the Veterans Expressway in Tampa, Florida.
Key Highlights
- Location: Just North of Waters Avenue
- Proximity: Between Hanley Road and Veterans Expressway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,170
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,103,400
$1.1M
Cap Rate 7%
$788,143
$788.1K
Cap Rate 9%
$613,000
$613.0K
Market Conditions
NOI Build-Up for 4,531 SF
Gross rent
$88.6K $19.56/SF
− Vacancy
−$15.1K −$3.33/SF
EGI
$73.6K $16.23/SF
− OpEx
−$18.4K −$4.06/SF
NOI
$55.2K $12.18/SF
Area
ZIP 33615
Vacancy
17.00%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,103,400
Cap Rate 7%
$788,143
Cap Rate 9%
$613,000
Alternative Uses
Best Use
Office B
$788.1K
$689.6K – $919.5K
NOI $55,170 @ 7.0% cap · market cap 3.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,916 @ 7.0% cap · market cap 6.59%
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
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
Explore this area
Business Placement
Demographics for 33615, FL
47,434
Population
20,543
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
90%
High-School Grad
8.6 sq mi
ZIP Area
5,516
Density / Sq Mi
$66,257
Median Household Income
$38,858
Median Earnings
$1,586
Median Rent
$291,500
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 Tampa, FL
Frequently Asked Questions
What type of property is this?
Office building - Office building for sale north of Waters Avenue in Tampa.
Where is this office building located?
The property is located at 8407 Pinehurst Dr Tampa, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Location: Just North of Waters Avenue; Proximity: Between Hanley Road and Veterans Expressway
