Office Building on 1.88
For Sale
$1,200,000
TAMPA, FL 33614, Tampa, FL 33614
Business Opportunity, TAMPA, FL
Property Size6,780 SF
Lot Size1.88 Acres
Price / SF$176.99
Days on Market253
Property Features
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
SPI-AP-3
Security features
Security System
Window features
Aluminum Frames
Appliances
Microwave, Refrigerator
Lot features
All Weather Parking Areas, Buildable, Drainage Canal, Landscaped
Subdivision
UNPLATTED
Standard status
Active
Size
6,780 SF
Lot size
1.88 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
11183
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Building Details
Year built
1980
Floors in Building
1
Number of units
1
Flooring type
Vinyl
Building materials
Metal Frame, Metal Siding
Roof type
Metal
Listing Agency:
CAPITAL REALTY INVESTMENT GRP
(813) 625-6900
Listed By:
Rhett Pennington · License #3215635
(727) 493-1555
Added: Jan 28
Changed: Oct 7
Last Checked: Oct 8 at 3:06AM
MLS# TB8466143
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The office building contains 6,780 square feet and was built in 1980. Metal frame and siding construction, vinyl flooring, and central electric heating are among its recorded features.
The property occupies 1.88 acres and is zoned SPI-AP-3. It has public sewer service, with phone service available.
The property occupies 1.88 acres and is zoned SPI-AP-3. It has public sewer service, with phone service available.
Key Highlights
- 6,780‑square‑foot office building on 1.88 acres
- Built in 1980
- SPI‑AP‑3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,753
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,060
$915.1K
Cap Rate 7%
$653,614
$653.6K
Cap Rate 9%
$508,367
$508.4K
Market Conditions
NOI Build-Up for 6,780 SF
Gross rent
$74.9K $11.04/SF
− Vacancy
−$13.8K −$2.04/SF
EGI
$61.0K $9.00/SF
− OpEx
−$15.3K −$2.25/SF
NOI
$45.8K $6.75/SF
Area
ZIP 33614
Vacancy
18.50%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,060
Cap Rate 7%
$653,614
Cap Rate 9%
$508,367
Alternative Uses
Best Use
Office B
$653.6K
$571.9K – $762.6K
NOI $45,753 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.13M
$989.2K – $1.32M
NOI $79,139 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
Explore this area
Business Placement
Demographics for 33614, FL
47,695
Population
19,660
Households
2.4
Avg Household Size
39
Median Age
23%
College-Educated
78%
High-School Grad
9.7 sq mi
ZIP Area
4,917
Density / Sq Mi
$51,143
Median Household Income
$31,350
Median Earnings
$1,399
Median Rent
$295,700
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - The freestanding office property includes a substantial site and central heating.
Where is this office building located?
The property is located at Tampa, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 6,780‑square‑foot office building on 1.88 acres; Built in 1980; SPI‑AP‑3 zoning
