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Property profile

8911 12th St Tampa, FL 33604

OFF-MARKET
Other warehouses
Property ID
US18-1196536
View Sample
11,512 SF 0.8 ac lot Built 1950
Individually Owned 25-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This general industrial (IG) property is designed for warehouse, light industrial, manufacturing, or distribution uses and consists of two concrete buildings on approximately 0.80 acres with on-site parking. Building 1 is a concrete structure with a metal roof totaling 11,521 square feet, featuring storage space and loading support for semi and large truck deliveries, including a drive-in loading door with frontage on 12th Street and a 20-foot clear height. Building 2 is a concrete block structure totaling 1,760 square feet with 20-foot ceilings, concrete floors, and two drive-in bay doors. The site is fully fenced and provides direct visibility from Busch Boulevard. Located on a high-traffic commercial/industrial corridor at Busch Blvd and N. 12th Street, the property offers access to nearby thoroughfares including N. Nebraska Avenue, E. Busch Blvd., N. Florida Avenue, N. 22nd Street, Waters Avenue, Bougainvillea Avenue, and Interstate 75, supporting connectivity to Pinellas County, Pasco County, and the Greater Tampa area. The property is situated in an Opportunity Zone and a HubZone.

Property profile

Verified
Property type Other warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,512 SF
Lot 0.8 ac (35,039 SF)
Zoning code IG
APN A19281945A000005000010
UPID US18-1196536

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$360k

Owner & transaction history

since 2001
1 recorded transaction
2001
$1.3M

Zoning & alternative use

IG · Tampa, FL
Zoning description

tegories of zoning districts • Single family - RS-150, RS-100, RS-75, RS-60, RS-50 • Multiple family - RM-75, RM-50, RM-24, RM-18, RM-16, RM-12 • Office - RO, RO-1, OP , OP-1 • Commercial - CI, CG, CN • Industrial - IH,…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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