Industrial
1916 W PLATT STREET, Tampa, FL 33606
For Sale
$500,000
Pending
The property sits on W. Platt Street, with access to Hyde Park, Downtown Tampa, and Westshore.
Property Size2,880 SF
Lot Size0.09 Acres
Days on Market39
Property Features for 1916 W PLATT STREET
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Amenities
0.09 acres, City Limits
Metal
Additional parcels description:, Parcel Number: A-23-29-18-4S7-000016-00001.0, Public Survey Range: 18, Public Survey Section: 23, Annual Amount: $5,616, Tax Block: 16, Tax Book Number: 4-85, Legal Description: OSCAWANA E 1/2 OF LOT 1 BLOCK 16, Lot: 1, Year: 2025, Zoning: CG
Listing ID: MFRTB8555015, Standard Status: Pending, MLS Status: Pending, Property Subtype: Industrial, On market as of 2026-10-05, Off market as of 2026-10-05, Special Conditions: None
Built in 1942, Living area: 2880, Living area units: Square Feet, Construction Materials: Metal Siding
Subdivision: OSCAWANA, MLS Area (Major): 33606 - Tampa / Davis Island/University of Tampa, County/Parish: Hillsborough
Slab
Frontage Type: City Street, Road Surface: Paved
Building Details
Year Built
Listing Agency:
CENTURY 21 LIST WITH BEGGINS
(813) 658-2121
Listed By:
Joe Brown · License FL #3451679
(813) 503-8549
Source:
Miharaandassociates
Added: Oct 5
Changed: Nov 10
Last Checked: Nov 12 at 7:15AM
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 CENTURY 21 LIST WITH BEGGINS
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Investment Insights
Based on property information with market context.
The 2,880-square-foot industrial building was constructed in 1942 and occupies an approximately 3,965-square-foot parcel measuring 65 feet by 61 feet. The property is located on W. Platt Street in Tampa, with access to Hyde Park, Downtown Tampa, Westshore, and nearby residential and commercial districts.
Key Highlights
- 2,880‑square‑foot industrial building, built in 1942
- Approximately 3,965‑square‑foot parcel measuring 65' x 61'
- W. Platt Street location with access to Hyde Park, Downtown Tampa, and Westshore
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,978
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,560
$699.6K
Cap Rate 7%
$499,686
$499.7K
Cap Rate 9%
$388,644
$388.6K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$52.9K $18.36/SF
− Vacancy
−$2.9K −$1.01/SF
EGI
$50.0K $17.35/SF
− OpEx
−$15.0K −$5.21/SF
NOI
$35.0K $12.15/SF
Area
Tampa, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,560
Cap Rate 7%
$499,686
Cap Rate 9%
$388,644
Alternative Uses
Best Use
Industrial
$499.7K
$437.2K – $583.0K
NOI $34,978 @ 7.0% cap · market cap 7.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$671.0K
$587.1K – $782.8K
NOI $46,967 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
3,472
Businesses Nearby
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Business Placement
Demographics for 33606, FL
22,271
Population
10,918
Households
2
Avg Household Size
30
Median Age
77%
College-Educated
98%
High-School Grad
3.3 sq mi
ZIP Area
6,749
Density / Sq Mi
$113,634
Median Household Income
$46,311
Median Earnings
$1,931
Median Rent
$796,000
Median Home Value
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Market
Average Price Trend$/SF for Industrial properties in Tampa, FL
Properties on Market for Industrial properties in Tampa
Vacancy Rate% for Industrial in Tampa, FL
Frequently Asked Questions
What type of property is this?
Industrial property - The property sits on W. Platt Street, with access to Hyde Park, Downtown Tampa, and Westshore.
Where is this industrial property located?
The property is located at 1916 W PLATT STREET Tampa, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2,880‑square‑foot industrial building, built in 1942; Approximately 3,965‑square‑foot parcel measuring 65' x 61'; W. Platt Street location with access to Hyde Park, Downtown Tampa, and Westshore
