Industrial Warehouse with
For Sale
$2,300,000
Pending
6401 N 50th Street TAMPA, Tampa, FL 33610
Newly built warehouse with dock-high loading, grade-level access, and CI zoning.
Property Size10,048 SF
Days on Market55
Property Features for 6401 N 50th Street TAMPA
General Information
Standard status
Pending
Size
10,048 SF
Zoning
CI
Warehouse & Industrial
Warehouse Space
10,000 SF
Dock-High Doors
3
Drive-In Doors
1
Three-Phase Power
Yes
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$26,256
Amenities
Concrete
true
Sidewalk
1.656
1.65
false
Paved
Slab,Stem Wall
County Road
10048
1
Building Details
Building Size
10,048 SF
Year Built
2024
Buildings
1
Listing Agency:
(407) 890-1354
Listed By:
Lisa Mahjoub
(407) 890-1354
Source:
Therealestatecollection
Added: Jul 7
Changed: Aug 29
Last Checked: Aug 29 at 2:49PM
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 Lisa Mahjoub
Investment Insights
Based on property information with market context.
This 10,048-square-foot industrial warehouse was built in 2024 and includes three dock-high loading doors, one grade-level bay, concrete construction, and three-phase power. The layout provides loading and staging areas suited to distribution, logistics, e-commerce, contractor operations, equipment storage, building supply, and light manufacturing uses. The property is zoned CI.
Located in Tampa’s East Tampa industrial corridor, the warehouse offers access to I-4, I-75, I-275, and US-41. The offering consists of the south building and lot only. The property is currently owner occupied, and the sale is contingent on completion of a parcel separation and parking lot split. The stated taxes and land size apply to the full parcel rather than the subject portion.
Located in Tampa’s East Tampa industrial corridor, the warehouse offers access to I-4, I-75, I-275, and US-41. The offering consists of the south building and lot only. The property is currently owner occupied, and the sale is contingent on completion of a parcel separation and parking lot split. The stated taxes and land size apply to the full parcel rather than the subject portion.
Key Highlights
- 10,048 SF industrial warehouse built in 2024
- Three dock‑high loading doors and one grade‑level bay
- Three‑phase power with concrete construction
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
$78,451
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
3.41%
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%
$1,569,020
$1.6M
Cap Rate 7%
$1,120,729
$1.1M
Cap Rate 9%
$871,678
$871.7K
Market Conditions
NOI Build-Up for 10,048 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
$97.7K $9.72/SF
− Vacancy
−$5.4K −$0.53/SF
EGI
$92.3K $9.19/SF
− OpEx
−$13.8K −$1.38/SF
NOI
$78.5K $7.81/SF
Area
ZIP 33610
Vacancy
5.50%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
15.00%
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%
$1,569,020
Cap Rate 7%
$1,120,729
Cap Rate 9%
$871,678
Alternative Uses
Best Use
Warehouse
$1.12M
$980.6K – $1.31M
NOI $78,451 @ 7.0% cap · market cap 3.41%
Second Best
Industrial
$922.9K
$807.6K – $1.08M
NOI $64,606 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$2.32M
$2.03M – $2.70M
NOI $162,223 @ 7.0% cap · market cap 7.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Dock-high doors
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Industrial 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?
Warehouse - Newly built warehouse with dock-high loading, grade-level access, and CI zoning.
Where is this warehouse located?
The property is located at 6401 N 50th Street TAMPA Tampa, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 10,048 SF industrial warehouse built in 2024; Three dock‑high loading doors and one grade‑level bay; Three‑phase power with concrete construction
