Industrial Flex Warehouse with
For Sale
$1,750,000
4712 CLARK AVENUE, Tampa, FL 33614
Industrial flex warehouse on a contiguous lot with outside storage, offered for sale with IG-Zoning flexibility.
Property Size7,570 SF
Lot Size0.60 Acres
Price / SF$231.18
Days on Market147
Property Features for 4712 CLARK AVENUE
General Information
Standard status
Active
Size
7,570 SF
Lot size
0.60 Acres
Property subtype
Industrial
Zoning
IG
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,461
Amenities
3
Shared Driveway.
125x210
City Road, Asphalt, Concrete Road.
Building Details
Year Built
1985
Tenancy
Multi
Listing Agency:
IQ COMMERCIAL
(813) 293-3234
Listed By:
Ralph Carrasquillo · License #BK3015016
Source:
Xome
Added: Apr 5
Changed: Aug 25
Last Checked: Aug 29 at 6:35AM
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 IQ COMMERCIAL
Investment Insights
Based on property information with market context.
This for-sale industrial flex warehouse includes 7,560 SF of flex warehouse space on a contiguous 26,250 SF lot. The property features outside storage and solid block construction, with a flexible layout intended to support both operational space and adaptable use.
The asset is positioned for convenient regional connectivity, with immediate access to Dale Mabry Highway, Tampa International Airport, MLK Blvd, Veterans Expressway, I-275, and I-4.
IG (Industrial General) zoning provides broad industrial flexibility for prospective owner-users or investors seeking an adaptable industrial use base.
The asset is positioned for convenient regional connectivity, with immediate access to Dale Mabry Highway, Tampa International Airport, MLK Blvd, Veterans Expressway, I-275, and I-4.
IG (Industrial General) zoning provides broad industrial flexibility for prospective owner-users or investors seeking an adaptable industrial use base.
Key Highlights
- 1985‑built industrial flex warehouse with 7,560 SF of flex warehouse space
- Contiguous 26,250 SF lot with outside storage included
- IG (Industrial General) zoning supports a wide range of industrial uses
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
$80,264
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
4.59%
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%
$1,605,280
$1.6M
Cap Rate 7%
$1,146,629
$1.1M
Cap Rate 9%
$891,822
$891.8K
Market Conditions
NOI Build-Up for 7,570 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
$99.9K $13.20/SF
− Vacancy
−$5.5K −$0.73/SF
EGI
$94.4K $12.47/SF
− OpEx
−$14.2K −$1.87/SF
NOI
$80.3K $10.60/SF
Area
ZIP 33614
Vacancy
5.50%
Lease Rate
$13.20 /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%
$1,605,280
Cap Rate 7%
$1,146,629
Cap Rate 9%
$891,822
Alternative Uses
Best Use
Warehouse
$1.15M
$1.00M – $1.34M
NOI $80,264 @ 7.0% cap · market cap 4.59%
Second Best
Industrial
$944.3K
$826.3K – $1.10M
NOI $66,100 @ 7.0% cap · market cap 3.78%
Theoretical Best
Multifamily LT 5
$1.26M
$1.10M – $1.47M
NOI $88,360 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,413
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33614, FL
47,695
Population
19,660
Households
2.4
Avg Household Size
39
Median Age
23%
College-Educated
78%
High-School Grad
9.7 sq mi
ZIP Area
4,917
Density / Sq Mi
$51,143
Median Household Income
$31,350
Median Earnings
$1,399
Median Rent
$295,700
Median Home Value
Market
Vacancy Rate% for Industrial in Tampa, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex warehouse on a contiguous lot with outside storage, offered for sale with IG-Zoning flexibility.
Where is this flex space located?
The property is located at 4712 CLARK AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 1985‑built industrial flex warehouse with 7,560 SF of flex warehouse space; Contiguous 26,250 SF lot with outside storage included; IG (Industrial General) zoning supports a wide range of industrial uses
