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Industrial Land with Office

4002 Garden Lane Tampa, FL 33610

4002 Garden Lane, Tampa, FL, 33610
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For Sale
Contact for pricing

Planned development industrial site with utilities, septic, and an existing office building near major Tampa routes.

Property Size6,500 SF
Lot Size2.50 Acres
Price / SF$346.15
Days on Market50

Property Features for 4002 Garden Lane

General Information

Standard status
Active
Size
6,500 SF
Lot size
2.50 Acres
Property subtype
Industrial, Land
Listing agency Franklin Street Tampa
Listed by Tommy Turner · License #760567
Source Crexi
Added: Jun 3 Updated: Jul 10 at 1:50PM Checked: Jul 22 at 2:53PM

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 Franklin Street Tampa


Investment Insights

Based on property information with market context.

The property is an approximately 2.5-acre East Tampa industrial/land site that includes an existing +/-1,184 SF office building. The site has on-site utilities and an existing septic system. It is located outside both the 100-year and 500-year floodplains. The offering includes an existing septic system, and the site is planned for clearing and stabilization with asphalt millings. The land is zoned Planned Development (PD) with approved plans in place for a +/-6,500 SF warehouse development.

Access is described as easy to E M.L.K. Jr Blvd, SR-301, I-4, I-75, and I-275. The property is noted as being located near the Florida State Fairgrounds and Seminole Hard Rock Hotel & Casino Tampa.

This site can support multiple development approaches, including ground lease, build-to-suit, or sale, with PD approvals already in place for a warehouse of the stated size. The combination of utilities, septic, and floodplain positioning may help reduce early site constraints for an industrial user or developer looking to move forward with an approved plan.

Key Highlights

  • +/-2.5‑acre East Tampa industrial/land site near Florida State Fairgrounds and Seminole Hard Rock Hotel & Casino Tampa
  • Includes an existing +/-1,184 SF office building on‑site
  • On‑site utilities and existing septic system

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $135.7k $20.88
− Vacancy −$33.7k −$5.18
EGI $102.1k $15.70
− OpEx −$25.5k −$3.93
NOI $76.5k $11.78
6,500 SF · lease $20.88/SF/yr · vacancy 24.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.09M
$956.8K – $1.28M (±1% cap)
NOI $76,546 @ 7.0% cap · market cap 3.40%
Second Best
Warehouse
$725.0K
$634.4K – $845.8K (±1% cap)
NOI $50,749 @ 7.0% cap · market cap 2.26%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $104,941 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Green Solutions Lawn ... Garden Center OTC Lawn Service Landscaping

Suggested Use

Dental Office Spa & Massage Center Real Estate Agency Hair Salon Law Firm Pharmacy Garden Center Restaurant Nail Salon (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Planned development industrial site with utilities, septic, and an existing office building near major Tampa routes.
Where is this office building located?
The property is located at 4002 Garden Lane Tampa, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: +/-2.5‑acre East Tampa industrial/land site near Florida State Fairgrounds and Seminole Hard Rock Hotel & Casino Tampa; Includes an existing +/-1,184 SF office building on‑site; On‑site utilities and existing septic system
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