Day Care Center with
For Sale
Under Contract
$295,000
4922 S 84TH Street, Tampa, FL 33619
Commercial Sale, TAMPA, FL
Property Size1,324 SF
Lot Size0.16 Acres
Price / SF$222.81
Days on Market320
Property Features for 4922 S 84TH Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RSC-9
Window features
Blinds
Accessibility
Accessible Approach with Ramp
Appliances
Refrigerator
Subdivision
PROGRESS VILLAGE UNIT 2
Lot features
City Limits, Neighbourhood, Sidewalk, Street Lights
Directions
FL-618 Toll E/Selmon Expy to S 78th St in Palm River-Clair Mel. Take exit 12 from FL-618 Toll E/Selmon Expy Continue on S 78th St. Drive to S 84th St in Progress Village, destination will be on the left.
Standard status
Active Under Contract
APN
U-01-30-19-1QP-000024-00012.0
Size
1,324 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
PROGRESS VILLAGE UNIT 2 N 32 FT OF LOT 12 AND S 37 FT OF LOT 13 BLOCK 24
Tax Annual Amount
2778
Legal Description
PROGRESS VILLAGE UNIT 2 N 32 FT OF LOT 12 AND S 37 FT OF LOT 13 BLOCK 24
Utilities
Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Amenities
open floor plan
central heat and air
ample storage
large backyard
vinyl fencing
Building Details
Year built
1961
Building materials
Block
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
CENTURY 21 COASTAL ALLIANCE · Century 21 Real Estate
(727) 867-8633
Listed By:
Deanna Sapp Phillips · License #3495266
(727) 422-0715
Added: Oct 14, 2025
Changed: Aug 24
Last Checked: Aug 29 at 2:06PM
MLS# TB8437663
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.
Investment Insights
Based on property information with market context.
This 1,324-square-foot day care property occupies 0.16 acres and was built in 1961 with block construction. The interior includes four classrooms, a kitchen, two full bathrooms, central heating and air conditioning, and storage. An accessible approach with ramp, vinyl fencing, a spacious backyard, and a circular driveway with two parking spaces add functional features. The property also includes a refrigerator, shingle roofing, and public sewer service.
The facility is currently leased through March 2027 to a long-standing daycare tenant. Zoning is RSC-9, and the property is located at 4922 S 84TH Street in Tampa, Florida. Showings are available by appointment and should be coordinated without disturbing the occupants.
The facility is currently leased through March 2027 to a long-standing daycare tenant. Zoning is RSC-9, and the property is located at 4922 S 84TH Street in Tampa, Florida. Showings are available by appointment and should be coordinated without disturbing the occupants.
Key Highlights
- 1,324‑square‑foot day care property on 0.16 acres
- Four classrooms, kitchen, two full bathrooms, and storage
- Leased through March 2027 to a long‑standing daycare tenant
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,874
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$357,480
$357.5K
Cap Rate 7%
$255,343
$255.3K
Cap Rate 9%
$198,600
$198.6K
Market Conditions
NOI Build-Up for 1,324 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$31.8K $24.00/SF
− Vacancy
−$3.2K −$2.40/SF
EGI
$28.6K $21.60/SF
− OpEx
−$10.7K −$8.10/SF
NOI
$17.9K $13.50/SF
Area
Tampa, FL
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$357,480
Cap Rate 7%
$255,343
Cap Rate 9%
$198,600
Alternative Uses
Best Use
Mixed Use
$255.3K
$223.4K – $297.9K
NOI $17,874 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$308.5K
$269.9K – $359.9K
NOI $21,592 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33619, FL
39,881
Population
15,360
Households
2.6
Avg Household Size
35
Median Age
23%
College-Educated
83%
High-School Grad
27.5 sq mi
ZIP Area
1,450
Density / Sq Mi
$63,193
Median Household Income
$38,448
Median Earnings
$1,618
Median Rent
$220,300
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Active Learning Preschool — Tampa, FL 33619
- Rogers Child Care — 5007 S 87th St, Tampa, FL 33619
Frequently Asked Questions
What type of property is this?
Day care center - Currently leased through March 2027, the property offers a flexible layout with kitchen, storage, and central HVAC.
Where is this day care center located?
The property is located at 4922 S 84TH Street Tampa, FL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1,324‑square‑foot day care property on 0.16 acres; Four classrooms, kitchen, two full bathrooms, and storage; Leased through March 2027 to a long‑standing daycare tenant
