Freestanding Auto Service
For Sale
$799,000
4172-4174 E HILLSBOROUGH AVENUE, Tampa, FL 33610
Two freestanding auto service buildings with 100% occupancy, zoned CI and fully fenced for secure vehicle operations.
Lot Size0.31 Acres
Days on Market479
Property Features for 4172-4174 E HILLSBOROUGH AVENUE
General Information
Standard status
Active
Lot size
0.31 Acres
Property subtype
Commercial
Zoning
CI
Occupancy
100%
Site & Location
Traffic Count
47,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Cap Rate
7%
Service Bays
2
Amenities
wall mounted signage
12 ft ceiling heights
paint station with air filtration
air compressor
lift
onsite storage shed
office with restroom
grade level bay doors
Building Details
Building Size
3,426 SF
Year Built
1952
Buildings
2
Tenancy
Single
Listing Agency:
FLORIDA COMMERCIAL GROUP
(813) 997-4321
Listed By:
Tina Marie Eloian · License #BK653748
(813) 997-4321
Source:
Mbifloridarealty
Added: Apr 10, 2025
Changed: Jul 30
Last Checked: Aug 1 at 12:32PM
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 FLORIDA COMMERCIAL GROUP
Investment Insights
Based on property information with market context.
This freestanding auto service property is presented as a fully leased acquisition with a 10-year lease in place. It includes a front 1,791 SF building with a small office/reception area, two bays for body work with a drying station, 12 ft ceilings, and wall-mounted signage. The property is fully fenced and gated, providing controlled access for vehicles and equipment. The front building is currently leased by a towing company.
A second 1,635 SF building is located to the rear and may be used for a car lot or additional business operations. The site includes onsite storage shed, wall and yard space for equipment and vehicles, and features paint-station capabilities with air filtration, plus an air compressor and lift. There are 2 grade level bay doors.
The property is zoned CI (Commercial Intensive) and is located in a qualified HUBZone. It benefits from frontage along E. Hillsborough Avenue with reported 47,000+/- vehicles passing by daily (VTD), supporting service and repair uses alongside neighborhood retail and professional services in the East Tampa area. The asset is identified as immediate availability and move-in ready for qualified operators and investors.
A second 1,635 SF building is located to the rear and may be used for a car lot or additional business operations. The site includes onsite storage shed, wall and yard space for equipment and vehicles, and features paint-station capabilities with air filtration, plus an air compressor and lift. There are 2 grade level bay doors.
The property is zoned CI (Commercial Intensive) and is located in a qualified HUBZone. It benefits from frontage along E. Hillsborough Avenue with reported 47,000+/- vehicles passing by daily (VTD), supporting service and repair uses alongside neighborhood retail and professional services in the East Tampa area. The asset is identified as immediate availability and move-in ready for qualified operators and investors.
Key Highlights
- 100% leased with a 10‑year lease in place
- Front building: 1,791 SF with small office/reception, drying station, 12 ft ceilings, wall‑mounted signage
- Rear building: 1,635 SF for a car lot or additional business operations
Financial Insights For Retail
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 | $61.7k | $18.00 |
| − Vacancy | −$5.2k | −$1.53 |
| EGI | $56.4k | $16.47 |
| − OpEx | −$16.9k | −$4.94 |
| NOI | $39.5k | $11.53 |
3,426 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$564.3K
$493.7K – $658.3K
NOI $39,498 @ 7.0% cap · market cap 4.94%
Second Best
Industrial
$314.7K
$275.4K – $367.1K
NOI $22,028 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$790.2K
$691.4K – $921.9K
NOI $55,312 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Service bays
47,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
17k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Dining 5%
Family Dollar
Shops & Services
5,029 visits/mo
0.4 miles
AutoZone
Shops & Services
4,286 visits/mo
0.5 miles
Chevron
Shops & Services
4,128 visits/mo
0.3 miles
Value Pawn & Jewelry
Shops & Services
2,728 visits/mo
0.2 miles
Salem's Gyros & Subs
Dining
809 visits/mo
0.1 miles
Demographics for 33610, FL
45,218
Population
17,995
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
82%
High-School Grad
18.0 sq mi
ZIP Area
2,512
Density / Sq Mi
$49,765
Median Household Income
$34,773
Median Earnings
$1,307
Median Rent
$210,600
Median Home Value
Market
Vacancy Rate% for Retail in Tampa, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Auto shop - Two freestanding auto service buildings with 100% occupancy, zoned CI and fully fenced for secure vehicle operations.
Where is this auto shop located?
The property is located at 4172-4174 E HILLSBOROUGH AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 100% leased with a 10‑year lease in place; Front building: 1,791 SF with small office/reception, drying station, 12 ft ceilings, wall‑mounted signage; Rear building: 1,635 SF for a car lot or additional business operations
