4911 E BROADWAY AVENUE, Tampa, FL 33605
Commercial property with solid rental history and income.
- Added:
- Nov 24, 2024
- Days on Market:
- 586
- Last Refresh:
- May 19 at 11:24 pm
Property Features for 4911 E BROADWAY AVENUE
General Information
- Standard status
- Active
- Size
- 19,875 SF
- Lot size
- 2.12 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1965
Listing office W.I.T. REALTY LLC (941) 330-5080
Listing date Nov 24, 2024
Source Exitrealty
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 W.I.T. REALTY LLC
HighLights
- High monthly income of approximately $23,000.
- Large 1.55‑acre lot with future development potential.
- Approximately 23,000 sqft of rentable space.
- Prime location with high visibility and approximately 600,000 cars daily.
- Includes 4 residential units generating rental income.
- Easy access to major roadways (Crosstown 275, I75, I‑4) and nearby amenities (Hard Rock Casino, Amphitheater).
Overview
Local Financial Insights For Retail
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 | $357.8k | $18.00 |
| − Vacancy | −$19.7k | −$0.99 |
| EGI | $338.1k | $17.01 |
| − OpEx | −$101.4k | −$5.10 |
| NOI | $236.7k | $11.91 |
Alternative Uses
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.4004
- Latitude
- 27.9617