4923 W CYPRESS STREET Tampa, FL 33607
Commercial building in thriving Westshore Business District, Tampa, Florida.
Property Features for 4923 W CYPRESS STREET
General Information
- Standard status
- Active
- Size
- 3,908 SF
- Lot size
- 0.61 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1983
Listing office BHHS FLORIDA PROPERTIES GROUP (813) 335-0042
Listing date Feb 11, 2025
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of BHHS FLORIDA PROPERTIES GROUP
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in the thriving Westshore Business District.
- Large 4,000 sf building on .62 acres of commercial/office zoned land.
- Not located in a flood zone.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.8k | $24.00 |
| − Vacancy | −$23.0k | −$5.88 |
| EGI | $70.8k | $18.12 |
| − OpEx | −$17.7k | −$4.53 |
| NOI | $53.1k | $13.59 |