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    The Largest CRE Database in the US with Over 1 Million Listings

    3607 E Mohawk Ave Tampa, FL 33610

    Sponsored
    For Sale
    $699,000

    Industrial - TAMPA, FL

    Type:Industrial
    Property size:
    1,866 SF
    Lot size:
    0.37 Acres
    Days on Market:
    5
    Last Refresh:
    Feb 23 at 1:06 pm

    Property Features for 3607 E Mohawk Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Standard status
    Active
    Zoning
    CI
    APN
    A-32-28-19-489-000000-00218.0
    Size
    1,866 SF
    Lot size
    0.37 Acres

    Utilities

    Cooling system
    Ductless, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1962
    Building materials
    Block, Concrete
    Roof type
    Built-Up
    Architectural style
    Other

    We can help!

    Listing Contact
    Ada Provenzano
    Ada Provenzano

    Olympus Executive Realty INC. (727) 424-3927

    Listing agent Ada Provenzano (407) 469-0090 License #3424951

    Listing date Feb 19, 2026

    MLS# TB8474263 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Tampa Commercial Property with CI Zoning

    Located in an emerging redevelopment corridor of Tampa, the property at 3607 E Mohawk Avenue offers a CI (Commercial Intensive) zoning, providing immediate usability, income potential, and long-term investment upside. The site is situated on a 16,218 square foot commercial parcel with approximately 153 feet of frontage. The zoning supports a variety of permitted uses including contractor operations, automotive services, light industrial, office, retail, storage, and service-based businesses. The existing concrete block structure offers approximately 1,866 heated square feet and is configured with one residential apartment, multiple office spaces, and utility/work areas, creating potential for live-work use, rental income, or a centralized business headquarters. The property also includes paved areas, accessory structures, and on-site parking suitable for commercial operations. A major recent improvement includes a 2023 GAF Flintlastic modified bitumen torch-applied commercial roof. Conveniently located near Hillsborough Avenue, I-4, I-275, and Downtown Tampa, the property benefits from accessibility within an area experiencing commercial reinvestment and urban infill growth. The property is suitable as an income-producing asset, contractor compound, automotive facility, live-work property, or redevelopment hold.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.419878
    Latitude
    27.996632

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    FAQs

    What type of property is this?
    Live-work space - Commercial property with flexible zoning and income potential in Tampa.
    Where is this live-work space located?
    The property is located at 3607 E Mohawk Ave Tampa, FL.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - CI zoning allows for a wide variety of uses offering immediate usability and long-term investment potential.; - Excellent location near Hillsborough Avenue, I-4, I-275, and Downtown Tampa, providing convenient accessibility.; - Existing 1,866 SF concrete block structure configured with a residential apartment, office spaces, and work areas, suitable for live-work use.
    (813) 784-3043
    Request Owner's contact information
    3607 E Mohawk Ave Tampa, FL 33610
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    Tampa, FL 33610
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3607 E Mohawk Ave Tampa, FL 33610
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    We can help!
    Listing Contact
    Ada Provenzano
    Ada Provenzano
    Real Estate License ID: 3424951
    (813) 784-3043 (407) 469-0090
    Learn more
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