Listed price in listed location currency (USD).
$500,000

000

MLS® TB8556519

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size 684 sqft
Garage 
Taxes $3,145
Days Active 17
Lot Size 0.34 Acres
Approx. Age 1955
Avg. Price Per Sqft $730
MLS® Number TB8556519

Property Address: 8021 Palm River Rd, TAMPA, FL, 33619-4305

Average square foot calculated using Size range provided by listing agent.

Description

8021 Palm River Rd presents a unique income-producing commercial opportunity designed to appeal to owner-users, investors, contractors, service businesses, and redevelopment buyers. The property combines an existing residential income stream with substantial rear-yard utility, abundant parking, and future commercial upside. The existing residence is currently generating approximately $2, 500/month, providing immediate cash flow from day one. In addition, the expansive rear portion of the property may contain opportunities to generate approximately $1, 500/month in additional lease income, based on comparable outdoor storage/yard uses in the market. Together, the property has the potential to support approximately $4, 000/month in combined income while a buyer evaluates longer-term use or redevelopment strategies. For an owner-user, the site offers the ability to operate a business while benefiting from existing rental income that can help offset occupancy costs. The large rear area provides flexibility for vehicle parking, equipment storage, fleet operations, contractor storage, or other compatible commercial uses. This positioning may be especially attractive to HVAC, plumbing, electrical, landscaping, construction, transportation, and similar service-oriented businesses requiring more outdoor space than a conventional office or retail property provides. For a buy-and-hold investor, the property offers multiple potential income streams rather than relying solely on a single tenant. The existing residential use provides immediate income, while the rear parcel creates the possibility of a separate ground lease, outdoor-storage arrangement, or commercial yard lease. The property may also appeal to redevelopers and land-focused investors seeking a CG-zoned infill site along Palm River Road. A future buyer could maintain the current income-producing configuration while evaluating redevelopment, expansion, or repositioning opportunities. The combination of commercial zoning, existing residential use, ample site area, parking capacity, nearby retail and residential density, and convenient access to the surrounding Tampa market creates several possible exit and operating strategies. Key positioning: immediate income today, additional leasing potential, flexible owner-user functionality, and long-term redevelopment upside in one property.
MLS® NumberTB8556519
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1955
Basement
Driveway
Garage Spaces
Heat
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 10, 2026List Date
$500,000List Price
  • Commute

Commute

Starting Address
Destination Address
8021 Palm River Rd, Tampa, FL

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