Commercial Property in East Tampa

3408 N 15TH STREET, Tampa, FL 33605

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For Sale

$249,000

Commercial property with building and oversized lot in growing area.

Type:Commercial/Industrial

Property size:

962 SF

Lot size:

0.17 Acres

Price / SF:

$258/SF

HighLights

Seller financing available with 30% down.
Zoned (CI) commercial intensive, suitable for various uses.
Located in a (QOZ) qualified opportunity zone and HUBZone, offering potential tax incentives.
High‑traffic location on N. 15th Street with approximately 5,000 cars passing daily.
Adjoining oversized lot provides options for extra parking or outside storage.
Easy access to major transportation routes and key destinations.

We can help!

Listing Contact

Tina Marie Eloian

For Sale

$249,000

Commercial property with building and oversized lot in growing area.

Type:Commercial/Industrial

Property size:

962 SF

Lot size:

0.17 Acres

Price / SF:

$258/SF

Added:: Mar 29, 2023
Days on Market:: 1170
Last Refresh:: May 19 at 9:37 pm

Property Features for 3408 N 15TH STREET

General Information

Standard status: Active
Size: 962 SF
Lot size: 0.17 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1928

We can help!

Listing Contact

Tina Marie Eloian

Listing agent Tina Marie Eloian License #653748

Listing office FLORIDA COMMERCIAL GROUP

Listing date Mar 29, 2023

Source Exitrealty

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All listing content including descriptions, pricing, images are the copyrighted material of FLORIDA COMMERCIAL GROUP

HighLights

Seller financing available with 30% down.
Zoned (CI) commercial intensive, suitable for various uses.
Located in a (QOZ) qualified opportunity zone and HUBZone, offering potential tax incentives.
High‑traffic location on N. 15th Street with approximately 5,000 cars passing daily.
Adjoining oversized lot provides options for extra parking or outside storage.
Easy access to major transportation routes and key destinations.

Overview

This commercial property features a 1,165 square foot building and an adjoining oversized lot suitable for extra parking or outside storage. Zoned CI (commercial intensive), the property is suitable for vehicle repair, storage, light manufacturing, brewery, distillery, daycare, or office space. It is located in a qualified opportunity zone (QOZ) and HUBZone, offering potential tax incentive credits and federal procurement opportunities. Situated on N. 15th Street, between E. 21st Avenue & E. Lake Avenue and N. Nebraska Avenue & N. 22nd Street, the property provides access to Interstate 275, Dr. Martin Luther King Blvd., Interstate 4, N. Nebraska Avenue, N. 22nd Street, Ybor City, Seminole Heights, and Downtown Tampa. The location experiences high traffic, with approximately 5,000 vehicles passing daily. The East Tampa community houses approximately 53,034 people with an average age of 35.5 and a household income of over $62,200 within a 3-mile radius. Nearby destinations include Ybor City (1 mile), Downtown Tampa (2 miles), Tampa International Airport (14 miles), and I-275 (1 mile). The 7,590 square foot land site is located just south of the Dr. Martin Luther King Jr. and N. 15th Street intersection.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$23.1k	$24.00
− Vacancy	−$5.7k	−$5.88
EGI	$17.4k	$18.12
− OpEx	−$4.4k	−$4.53
NOI	$13.1k	$13.59

962 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$186.8K

$163.4K – $217.9K (±1% cap)

NOI $13,074 @ 7.0% cap · market cap 5.25%

Second Best

Industrial

$166.9K

$146.1K – $194.7K (±1% cap)

NOI $11,684 @ 7.0% cap · market cap 4.69%

Theoretical Best

Office A

$224.1K

$196.1K – $261.5K (±1% cap)

NOI $15,688 @ 7.0% cap · market cap 6.30%

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

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Tampa
County: Hillsborough
State: Florida
Longitude: -82.4432
Latitude: 27.9746

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For sale
Commercial land
FL
Tampa
33605
3408 N 15TH STREET

What type of property is this?

Commercial land - Commercial property with building and oversized lot in growing area.

Where is this commercial land located?

The property is located at 3408 N 15TH STREET Tampa, FL.

What is the asking price?

The asking price for this property is $249,000.

What are key features of this property?

This property features: Seller financing available with 30% down.; Zoned (CI) commercial intensive, suitable for various uses.; Located in a (QOZ) qualified opportunity zone and HUBZone, offering potential tax incentives.

3408 N 15TH STREET, Tampa, FL 33605

Commercial property with building and oversized lot in growing area.

Property Features for 3408 N 15TH STREET

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

South Tampa Flex Building

Medical Office with Two Suites

Updated Professional Office Building

Industrial Flex Facility with Showroom

Spacious Industrial Building on Large Lot

Versatile Tampa Medical Office Building

High-Exposure Commercial Building Near Busch Gardens

Two-Story Office Condominium

Luxury Garage Condominium in Tampa

Versatile Mixed-Use Property in Tampa

Tampa Engineering Service Company Business

Tampa Mixed-Use Investment Opportunity

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