Office for Sale in Tampa, FL

  • Price: $800K
  • Listing type: For sale
  • Asset type: Office
  • Location: Tampa, FL 33635

Description

Lot 32 is a lakefront buildable lot, 40,600 sq. ft., with dimensions of 140' x 290'. This shovel-ready lot is in a prime location and is suitable for industrial, retail, or office use. Located near the intersection of Racetrack Road and Hillsborough Avenue, the property is behind an active shopping center anchored by a Publix and a Lowe’s retail store. It is also adjacent to the populous, residential neighborhood of Westchase. What an outstanding opportunity for a build-to-suit project for an Owner-User or Investor interested in long-term investment income!

Market Context

This office in Tampa, FL is listed for sale at $799,900. It has been on the market for 42 days. Compare it against other office listings for sale in Tampa, FL — <a href="/search/sale/office/florida/tampa">view the full market</a>.

As of Q1 2026, the Tampa office market showed a 18.2% vacancy rate, average asking rents near $29.00/SF/yr, rents up 18.7% year over year, and cap rates around 7.4%. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Tampa?
About 7.4% as of Q1 2026, per Consensus.
Is the Tampa office market tightening or softening?
Vacancy is around 18.2%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Medium Confidence

$136.99/SF – $185.33/SF

Mid: $161.16/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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