Tampa Office Building For
For Sale
Contact for pricing
8407 Pinehurst Dr, Tampa, FL
Office building for sale north of Waters Avenue in Tampa.
Property Size4,531 SF
Lot Size0.53 Acres
Price / SF$331.05
Days on Market656
Property Features for 8407 Pinehurst Dr
General Information
Standard status
Active
Size
4,531 SF
Lot size
0.53 Acres
Property subtype
OFFICE
Listing Agency:
Commercial Real Estate Services of SWFL, Inc.
(239) 823-0115
Listed By:
Carlos Acosta, CCIM · License ##BK3161197
Source:
Moodyscre
Added: Oct 17, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:51AM
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.
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 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 | $108.7k | $24.00 |
| − Vacancy | −$26.6k | −$5.88 |
| EGI | $82.1k | $18.12 |
| − OpEx | −$20.5k | −$4.53 |
| NOI | $61.6k | $13.59 |
4,531 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$879.7K
$769.7K – $1.03M
NOI $61,576 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.06M
$923.7K – $1.23M
NOI $73,892 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
Explore this area
Business Placement
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 - 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
