Industrial Flex Building with
3107 E 7TH AVENUE, Tampa, FL 33605
For Sale
$3,400,000
IG zoning accommodates qualifying industrial activities, subject to applicable requirements and City confirmation.
Property Size10,542 SF
Lot Size0.54 Acres
Price / SF$517.90
Days on Market51
Property Features for 3107 E 7TH AVENUE
General Information
Standard status
Size
Total Parking Spaces
Lot size
Zoning
Site & Location
Neighborhood
Warehouse & Industrial
Clear Height
Office Build-Out
Mezzanine
Taxes and HOA fees
Annual Taxes
Amenities
Central Air
Central
Dryer, Washer
Building Details
Building Size
Year Built
Stories
Construction
Listing Agency:
FLORIDA COMMERCIAL GROUP
Listed By:
Tina Marie Eloian · License FL #653748
(813) 997-4321
Source:
Evrealestate
Added: Sep 23
Changed: Nov 4
Last Checked: Nov 12 at 7:20AM
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
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Investment Insights
Based on property information with market context.
Built in 2022, this industrial flex property contains 9,631 square feet across a 6,565-square-foot heated area and a 3,066-square-foot mezzanine. The heated portion includes 4,200 square feet of office space and 2,365 square feet of industrial/base area. Metal-frame construction, concrete floors, and approximately 24-foot wall height round out the building’s physical profile. The site totals 23,300 square feet, or approximately 0.535 acres.
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 zoning requirements and City confirmation.
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 zoning requirements and City confirmation.
Key Highlights
- 9,631 SF of total building area on a 23,300‑square‑foot site
- 6,565 SF heated area, including 4,200 SF of office and 2,365 SF of industrial/base space
- 3,066 SF mezzanine
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,818
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,936,360
$1.9M
Cap Rate 7%
$1,383,114
$1.4M
Cap Rate 9%
$1,075,756
$1.1M
Market Conditions
NOI Build-Up for 6,565 SF
Gross rent
$120.5K $18.36/SF
− Vacancy
−$6.6K −$1.01/SF
EGI
$113.9K $17.35/SF
− OpEx
−$17.1K −$2.60/SF
NOI
$96.8K $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%
$1,936,360
Cap Rate 7%
$1,383,114
Cap Rate 9%
$1,075,756
Alternative Uses
Best Use
Warehouse
$1.38M
$1.21M – $1.61M
NOI $96,818 @ 7.0% cap · market cap 2.85%
Second Best
Flex RnD
$1.24M
$1.08M – $1.44M
NOI $86,642 @ 7.0% cap · market cap 2.55%
Theoretical Best
Office A
$1.53M
$1.34M – $1.78M
NOI $107,062 @ 7.0% cap · market cap 3.15%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
24 ft
Clear height
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
$235,100
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Tampa, FL
Properties on Market for Flex space in Tampa
Vacancy Rate% for Industrial in Tampa, FL
Frequently Asked Questions
What type of property is this?
Flex space - IG zoning accommodates qualifying industrial activities, subject to applicable requirements and City confirmation.
Where is this flex space located?
The property is located at 3107 E 7TH AVENUE 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 SF of total building area on a 23,300‑square‑foot site; 6,565 SF heated area, including 4,200 SF of office and 2,365 SF of industrial/base space; 3,066 SF mezzanine
