Property 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.
Features
- Cooling System:
- Central Air
- Flooring:
- Tile
Address Map
- Country:
- US
- State:
- FL
- County:
- Hillsborough
- City:
- Tampa
- Subdivision:
- SOUTH TAMPA SUB
- Zipcode:
- 33619
- Street:
- PALM RIVER
- Street Number:
- 8021
- Street Suffix:
- ROAD
- Longitude:
- W83° 38' 5.7''
- Latitude:
- N27° 56' 25.5''
- Directions:
- Driving Directions: From I-75, take the exit for E. Adamo Drive (SR 60). Follow signs toward Palm River Road and continue to 8021 Palm River Road, Tampa, FL 33619. Please verify the exact turns against a navigation app before, as the route may vary depending on the direction of travel.
- Mls Area Major:
- 33619 - Tampa / Palm River / Progress Village
- Zoning:
- CG
Additional Information
- Lot Size Dimensions:
- 75x200
- Virtual Tour:
- https://www.propertypanorama.com/instaview/stellar/TB8556519
- Stories Total:
- 1
- On Market Date:
- 2026-10-10
- Foundation Details:
- Slab
- Construction Materials:
- Vinyl Siding, Frame
- Building Size:
- 846
Financial
- Tax Annual Amount:
- 3144.72
Listing Information
- List Agent Mls Id:
- 261234589
- List Office Mls Id:
- 261555953
- Mls Status:
- Active
- Modification Timestamp:
- 2026-10-11T02:32:10Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-10-10T20:27:53Z
Commercial Sale For Sale
8021 Palm River Rd, Tampa, Florida 33619
684 Sqft
$500,000
Listing ID #TB8556519
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- TB8556519
- Price :
- $500,000
- Square Footage :
- 684 Sqft
- Year Built :
- 1955
- Lot Area :
- 0.34 Acre
- Property Sub Type :
- Retail
