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Industrial Flex Warehouse

5010 N Grady Avenue TAMPA Tampa, FL 33614

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New
For Sale
$1,550,000

Industrial flex warehouse includes air-conditioned office, 5 overhead doors, and 14' ceiling height.

Property size:
8,105 SF
Price / SF:
$191.24/SF
Added:
Jul 10, 2026
Days on Market:
5
Last Refresh:
Jul 10 at 8:37 pm

Property Features for 5010 N Grady Avenue TAMPA

General Information

Standard status
Active
Size
8,105 SF

Building Details

Year Built
1950

Listing office

Listing date Jul 10, 2026

Source Therealestatecollection

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 Matthew Kester


Investment Insights

Based on property information with market context.

This industrial flex warehouse offers a combination of warehouse space and an air-conditioned office. The building includes block construction, five overhead doors, 14' ceiling height, and three-phase power, along with two bathrooms.

The property is positioned for convenient access to Tampa International Airport, I-275, Veterans Expressway, and Raymond James Stadium.

For owner users or investors, the flexible layout supports industrial operations while maintaining dedicated office space within the same building.

Key Highlights

  • Industrial flex warehouse with 8,105 total building area on a 0.27‑acre lot (70 x 170)
  • Air‑conditioned office space with 2 bathrooms and block construction
  • 5 overhead doors and 14' ceiling height

Local Financial Insights For Warehouse

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 $107.0k $13.20
− Vacancy −$5.9k −$0.73
EGI $101.1k $12.47
− OpEx −$15.2k −$1.87
NOI $85.9k $10.60
8,105 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,937 @ 7.0% cap · market cap 5.54%
Second Best
Industrial
$1.01M
$884.6K – $1.18M (±1% cap)
NOI $70,771 @ 7.0% cap · market cap 4.57%
Theoretical Best
Multifamily LT 5
$1.35M
$1.18M – $1.58M (±1% cap)
NOI $94,605 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Auryn Concepts LLC General Contractor

Suggested Use

Real Estate Agency Dental Office Law Firm Hair Salon Skin Care Clinic Veterinary Clinic Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Acupuncture Garden Center

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

Similar Off Market Nearby

  • Phoenix Catering — 4023 W Alva St, Tampa, FL 33614
  • Garcia Sazon — 4602 N Lois Ave, Tampa, FL 33614
  • Mikeeo's Cheesesteaks Ybor — 4009 W M.L.K. Jr Blvd, Tampa, FL 33614
  • The Dank AF Food Truck — 3907 W Dr Martin Luther King Jr Blvd, Tampa, FL 33614
  • Kono Pizza Tampa Bay — 3907 W Dr Martin Luther King Jr Blvd, Tampa, FL 33614

FAQs

What type of property is this?
Flex space - Industrial flex warehouse includes air-conditioned office, 5 overhead doors, and 14' ceiling height.
Where is this flex space located?
The property is located at 5010 N Grady Avenue TAMPA Tampa, FL.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Industrial flex warehouse with 8,105 total building area on a 0.27‑acre lot (70 x 170); Air‑conditioned office space with 2 bathrooms and block construction; 5 overhead doors and 14' ceiling height
Contact an agent
More about this property
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