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Industrial Flex Facility with Mezzanine

3107 E 7TH, Tampa, FL 33605

For Sale
$3,400,000

A mix of office, industrial, and mezzanine areas supports varied operational needs.

Property Size10,542 SF
Lot Size0.53 Acres
Price / SF$353.03
Days on Market48

Property Features for 3107 E 7TH

General Information

Standard status Active
Size 10,542 SF
Lot size 0.53 Acres
Property subtype Industrial
Zoning IG

Site & Location

Neighborhood Palmetto Beach Community Association, Inc.
Highway Access Yes

Warehouse & Industrial

Office Build-Out 4,200 SF
Mezzanine 3,066 SF

Taxes and HOA fees

Annual Taxes $33,245

Building Details

Building Size 10,542 SF
Year Built 2022
Construction metal frame
Listing Agency: FLORIDA COMMERCIAL GROUP
Listed By: Tina Marie Eloian · License FL #653748
Source: Elliman
Added: Sep 26 Changed: Oct 30 Last Checked: Nov 12 at 8:44AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 2022, this industrial flex property contains 9,631 square feet on a 23,300-square-foot site. The building includes 6,565 square feet of heated area, with 4,200 square feet devoted to offices and 2,365 square feet to industrial and base area. A 3,066-square-foot mezzanine adds further usable space. Metal-frame construction, concrete floors, and approximately 24-foot wall height are among the building features.

The property is in East Ybor, south of I-4, with access to Tampa’s urban core and major transportation corridors. Its IG (Industrial General) zoning allows qualifying uses such as light manufacturing, warehousing, wholesaling, assembly, and product processing, subject to applicable requirements and City confirmation.

Key Highlights

  • 9,631 square feet of total building area on a 23,300‑square‑foot site
  • 6,565 square feet of heated space, including 4,200 square feet of office area
  • 3,066‑square‑foot mezzanine and approximately 24‑foot wall height

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$142,035
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,840,700 $2.8M
Cap Rate 7%
$2,029,071 $2.0M
Cap Rate 9%
$1,578,167 $1.6M
Market Conditions
NOI Build-Up for 9,631 SF
Gross rent
$176.8K $18.36/SF
− Vacancy
−$9.7K −$1.01/SF
EGI
$167.1K $17.35/SF
− OpEx
−$25.1K −$2.60/SF
NOI
$142.0K $14.75/SF
Area
Tampa, FL
Vacancy
5.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,840,700
Cap Rate 7%
$2,029,071
Cap Rate 9%
$1,578,167

Alternative Uses

Best Use
Warehouse
$2.03M
$1.78M – $2.37M (±1% cap)
NOI $142,035 @ 7.0% cap · market cap 4.18%
Second Best
Flex RnD
$1.82M
$1.59M – $2.12M (±1% cap)
NOI $127,106 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$2.24M
$1.96M – $2.62M (±1% cap)
NOI $157,062 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Catering Service (Bike/Boat/Book/etc) Store Pet Store Nail Salon Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,244
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33605, FL

18,243
Population
8,994
Households
2
Avg Household Size
36
Median Age
21%
College-Educated
79%
High-School Grad
7.8 sq mi
ZIP Area
2,339
Density / Sq Mi
$36,790
Median Household Income
$35,889
Median Earnings
$1,122
Median Rent
$235,100
Median Home Value

Market

Average Price Trend$/SF for Flex space in Tampa, FL

$380 Jul
$399 Aug
$415 Sep
$446 Oct

Properties on Market for Flex space in Tampa

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Tampa, FL

7% 2019
7.4% 2020
5.4% 2021
5.6% 2022
4.8% 2023
6% 2024
7.7% 2025

Similar Off Market Nearby

  • Gaston's Culinary Services, Inc. — 301 S 22nd St, Tampa, FL 33605

Frequently Asked Questions

What type of property is this?
Flex space - A mix of office, industrial, and mezzanine areas supports varied operational needs.
Where is this flex space located?
The property is located at 3107 E 7TH Tampa, FL.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 9,631 square feet of total building area on a 23,300‑square‑foot site; 6,565 square feet of heated space, including 4,200 square feet of office area; 3,066‑square‑foot mezzanine and approximately 24‑foot wall height
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