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Commercial Land with Car Wash Improvements
For Sale
$479,000

4902 S MANHATTAN AVENUE, Tampa, FL 33611

CI-zoned commercial land retaining existing car wash walls.

Property Size1,480 SF
Price / SF$323.65
Days on Market55

Property Features for 4902 S MANHATTAN AVENUE

General Information

Standard status Active
Size 1,480 SF
Property subtype Business

Building Details

Year Built 1991
Listing Agency: JALEXIAN ENTERPRISES LLC
Listed By: Julie Magill · License #3308274
Source: Dennisrealty
Added: Aug 14 Changed: Oct 6 Last Checked: Oct 5 at 6:59PM

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 JALEXIAN ENTERPRISES LLC

Investment Insights

Based on property information with market context.

This commercial land parcel includes remaining car wash walls from improvements dated 1991. The property carries CI zoning, supporting its classification for commercial land use.

Located at 4902 S Manhattan in Tampa, the site is positioned one block south of Gandy. WalkScore is 23, BikeScore is 38, and TransitScore is 19, reflecting a car-dependent setting with limited transit access.

Key Highlights

  • CI‑zoned commercial land parcel
  • Existing car wash walls remain on the site
  • Improvements dated 1991

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,246
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$404,920 $404.9K
Cap Rate 7%
$289,229 $289.2K
Cap Rate 9%
$224,956 $225.0K
Market Conditions
NOI Build-Up for 1,480 SF
Gross rent
$28.4K $19.20/SF
− Vacancy
−$1.4K −$0.96/SF
EGI
$27.0K $18.24/SF
− OpEx
−$6.7K −$4.56/SF
NOI
$20.2K $13.68/SF
Area
Tampa, FL
Vacancy
5.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$404,920
Cap Rate 7%
$289,229
Cap Rate 9%
$224,956

Alternative Uses

Best Use
Specialty Retail
$289.2K
$253.1K – $337.4K (±1% cap)
NOI $20,246 @ 7.0% cap · market cap 4.23%
Second Best
Industrial
$256.8K
$224.7K – $299.6K (±1% cap)
NOI $17,975 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$344.8K
$301.7K – $402.3K (±1% cap)
NOI $24,136 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

The Dugout Car Wash ... Car Wash

Suggested Use

Top Pick Building Supply Restaurant Real Estate Agency Dental Office Law Firm Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

970
Businesses Nearby
236k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Superstores 27% Shops & Services 20% Groceries 17%
Walmart Superstores
64,604 visits/mo 0.2 miles
Publix Groceries
39,270 visits/mo 0.1 miles
McDonald's Dining
21,858 visits/mo 0.1 miles
Wendy's Dining
12,721 visits/mo 0.0 miles
Starbucks Dining
11,839 visits/mo 0.1 miles

Demographics for 33611, FL

34,101
Population
18,682
Households
1.8
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
6.3 sq mi
ZIP Area
5,413
Density / Sq Mi
$82,804
Median Household Income
$63,797
Median Earnings
$1,681
Median Rent
$449,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Tampa, FL

6.3% 2019
6.3% 2020
5.3% 2021
4.3% 2022
4% 2023
3.8% 2024
4.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - CI-zoned commercial land retaining existing car wash walls.
Where is this commercial land located?
The property is located at 4902 S MANHATTAN AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: CI‑zoned commercial land parcel; Existing car wash walls remain on the site; Improvements dated 1991
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