Commercial Land with Existing
3440 And 3426 W Cypress Street, Tampa, FL 33607
For Sale
New
$2,350,000
CG-zoned site includes existing retail and warehouse structures on a commercially oriented parcel.
Property Size5,792 SF
Price / SF$502.03
Days on Market2
Property Features for 3440 And 3426 W Cypress Street
General Information
Standard status
Size
Zoning
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Amenities
1
true
24350
0.55
2
Asphalt,Paved
Block
City Street,State Road
5792
Public Maintained Road
Building Details
Building Size
Year Built
Stories
Listing Agency:
(386) 284-2127
Listed By:
Brian Griffin
Source:
Thegriffindifference
Added: Nov 11
Last Checked: Nov 12 at 5:11AM
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 Brian Griffin
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Investment Insights
Based on property information with market context.
The CG-zoned property encompasses 0.55 acres and includes an existing retail building and a warehouse structure. The two buildings are located at 3426 and 3440 W Cypress Street in Tampa.
The property is across from Midtown Town Center. Its commercial zoning and existing structures are the key features of this Cypress Street site.
The property is across from Midtown Town Center. Its commercial zoning and existing structures are the key features of this Cypress Street site.
Key Highlights
- 0.55‑acre commercial site
- CG zoning
- Existing retail building and warehouse structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,034
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,380,680
$1.4M
Cap Rate 7%
$986,200
$986.2K
Cap Rate 9%
$767,044
$767.0K
Market Conditions
NOI Build-Up for 4,681 SF
Gross rent
$85.9K $18.36/SF
− Vacancy
−$4.7K −$1.01/SF
EGI
$81.2K $17.35/SF
− OpEx
−$12.2K −$2.60/SF
NOI
$69.0K $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%
$1,380,680
Cap Rate 7%
$986,200
Cap Rate 9%
$767,044
Alternative Uses
Best Use
Warehouse
$986.2K
$862.9K – $1.15M
NOI $69,034 @ 7.0% cap · market cap 2.94%
Second Best
Retail
$796.2K
$696.7K – $929.0K
NOI $55,737 @ 7.0% cap · market cap 2.37%
Theoretical Best
Office A
$1.09M
$954.2K – $1.27M
NOI $76,338 @ 7.0% cap · market cap 3.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,079
Businesses Nearby
Explore this area
Business Placement
Demographics for 33607, FL
24,767
Population
13,158
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
87%
High-School Grad
9.3 sq mi
ZIP Area
2,663
Density / Sq Mi
$66,404
Median Household Income
$43,404
Median Earnings
$1,771
Median Rent
$316,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Commercial land in Tampa, FL
Properties on Market for Commercial land in Tampa
Vacancy Rate% for Industrial in Tampa, FL
Frequently Asked Questions
What type of property is this?
Commercial land - CG-zoned site includes existing retail and warehouse structures on a commercially oriented parcel.
Where is this commercial land located?
The property is located at 3440 And 3426 W Cypress Street Tampa, FL.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 0.55‑acre commercial site; CG zoning; Existing retail building and warehouse structure
