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8021 PALM RIVER ROAD

Commercial For Sale
$500,000

BTC: 6.11807892

ETH: 203.25203252

1 days
0 room(s)
684 sqft

Overview

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.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1955
Lot:
0.34 Acres
Heating:
No Data
Price/sqft:
$731
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$500,000
$184K – $719K
Confidence Low
List vs. estimate
At estimate
List $500,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$730
+148.1% vs. city median $294
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,144
2025
All facts and features
  • Flooring

    • Tile

    Cooling

    • Central Air

  • Lot

    • Lot: 0.34 Acres

    Other Property Information

    • Parcel Number: U24291966300000153190.0

    • Zoning: CG

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Other financial information

    • Annual tax amount: $3,145

  • Source details

    • MLS ID: TB8556519

    Other facts

    • Construction Materials: Vinyl Siding / Wood Frame

    • Foundation Details: Slab

    • Living Area: 684

    • Lot Size Dimensions: 75 x 200

    • Subdivision Name: SOUTH TAMPA SUB

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: ALIGN RIGHT REALTY LLC