Tampa Industrial Opportunity on
For Sale
Contact for pricing
Pending
4506 Quality Ln, Tampa, FL 33634
Well-located industrial property near Tampa's major transportation corridors.
Property Size28,590 SF
Lot Size1.50 Acres
Days on Market197
Property Features for 4506 Quality Ln
General Information
Standard status
Pending
Size
28,590 SF
Lot size
1.50 Acres
Property subtype
Industrial, Land
Zoning
SPI-AP-5
Occupancy
100%
Investment Type
Owner/User
Building Details
Year Built
1974
Buildings
1
Stories
1
Units
660660
Listing Agency:
AdSizzle Realty Inc.
Listed By:
Debra Castaneda · License #SL3592340
Source:
Crexi
Added: Feb 6
Changed: Aug 8
Last Checked: Jul 24 at 12:45PM
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 AdSizzle Realty Inc.
Investment Insights
Based on property information with market context.
Located at 4506 Quality Lane, Tampa, FL 33634, this industrial property provides access to Tampa’s major transportation corridors and logistics hubs. The property is situated approximately 4 miles from Tampa International Airport, 12.5 miles from the Port of Tampa, and 9.7 miles from the rail terminal, making it suitable for distribution, manufacturing, or owner-user operations. The site encompasses approximately 1.5 acres, with the building strategically positioned on the land. The front of the building features three private offices and three restrooms, providing an administrative area separate from the industrial space. The same owners have maintained ownership since 1974. The street itself was named after them—Quality Lane. Positioned for continued growth, 4506 Quality Lane presents an opportunity for users or investors seeking an industrial asset in one of Tampa’s logistics corridors. The property size is 28590 square feet and the list price is $4,900,000.
Key Highlights
- Prime location: Exceptional access to major transportation including Tampa International Airport, Port of Tampa, and rail terminal.
- Strategic 1.5‑acre site: Building positioned to maximize functionality and usability for distribution, manufacturing, or owner‑user operations.
- Long‑term ownership: Same owners since 1974, demonstrating the location’s enduring value and operational success.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$421,636
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,432,720
$8.4M
Cap Rate 7%
$6,023,371
$6.0M
Cap Rate 9%
$4,684,844
$4.7M
Market Conditions
NOI Build-Up for 28,590 SF
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.
Gross rent
$524.9K $18.36/SF
− Vacancy
−$28.9K −$1.01/SF
EGI
$496.0K $17.35/SF
− OpEx
−$74.4K −$2.60/SF
NOI
$421.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,432,720
Cap Rate 7%
$6,023,371
Cap Rate 9%
$4,684,844
Alternative Uses
Best Use
Warehouse
$6.02M
$5.27M – $7.03M
NOI $421,636 @ 7.0% cap · market cap 8.97%
Second Best
Industrial
$4.96M
$4.34M – $5.79M
NOI $347,230 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$6.66M
$5.83M – $7.77M
NOI $466,246 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
584
Businesses Nearby
Explore this area
Business Placement
Demographics for 33634, FL
21,465
Population
8,219
Households
2.6
Avg Household Size
39
Median Age
28%
College-Educated
89%
High-School Grad
8.4 sq mi
ZIP Area
2,555
Density / Sq Mi
$69,185
Median Household Income
$37,539
Median Earnings
$1,719
Median Rent
$310,900
Median Home Value
Market
Vacancy Rate% for Industrial in Tampa, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Well-located industrial property near Tampa's major transportation corridors.
Where is this manufacturing property located?
The property is located at 4506 Quality Ln Tampa, FL.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Prime location: Exceptional access to major transportation including Tampa International Airport, Port of Tampa, and rail terminal.; Strategic 1.5‑acre site: Building positioned to maximize functionality and usability for distribution, manufacturing, or owner‑user operations.; Long‑term ownership: Same owners since 1974, demonstrating the location’s enduring value and operational success.
