Five-Building Industrial Warehouse
For Sale
$3,990,000
4911 S 50th St, Tampa, FL 33619
Vacant industrial facilities with heavy-industrial land use support manufacturing, distribution, and warehouse operations.
Property Size19,200 SF
Days on Market194
Property Features for 4911 S 50th St
General Information
Standard status
Active
Size
19,200 SF
Class
C
Property subtype
Warehouse
Building Details
Building Size
19,200 SF
Year Built
2010
Properties For Sale
at 4911 S 50th St Contact us- Size
- 32,234 SF
- Lease Type
- NNN
IOS Yard
- Size
- 19,200 SF
- Lease Type
- NNN
Warehouses
Listing Agency:
Saunders Real Estate
(941) 914-6614
Listed By:
Matt Christian
(941) 914-6614
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 at 4:12PM
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 Saunders Real Estate
Investment Insights
Based on property information with market context.
This vacant industrial property comprises five buildings totaling approximately 19,200 square feet on 2.28 acres. Constructed in 2010, the site includes a retail parcel and is positioned for continued industrial occupancy or redevelopment. Commercial Intensive and Manufacturing zoning, together with a Heavy Industrial Future Land Use designation, supports the property’s industrial setting and operational flexibility.
The site fronts US-41 at 4911 S. 50th St in Tampa, providing direct exposure along an established industrial corridor. The property is near the Port of Tampa Bay and offers access to I-4 and I-75. Its surrounding environment includes manufacturing and logistics businesses, reinforcing the area’s established industrial character.
The site fronts US-41 at 4911 S. 50th St in Tampa, providing direct exposure along an established industrial corridor. The property is near the Port of Tampa Bay and offers access to I-4 and I-75. Its surrounding environment includes manufacturing and logistics businesses, reinforcing the area’s established industrial character.
Key Highlights
- Five buildings totaling ±19,200 square feet on 2.28 acres
- Delivered vacant following the current business’s relocation
- Commercial Intensive and Manufacturing zoning
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
$283,155
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
7.10%
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%
$5,663,100
$5.7M
Cap Rate 7%
$4,045,071
$4.0M
Cap Rate 9%
$3,146,167
$3.1M
Market Conditions
NOI Build-Up for 19,200 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
$352.5K $18.36/SF
− Vacancy
−$19.4K −$1.01/SF
EGI
$333.1K $17.35/SF
− OpEx
−$50.0K −$2.60/SF
NOI
$283.2K $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%
$5,663,100
Cap Rate 7%
$4,045,071
Cap Rate 9%
$3,146,167
Alternative Uses
Best Use
Warehouse
$4.05M
$3.54M – $4.72M
NOI $283,155 @ 7.0% cap · market cap 7.10%
Second Best
Flex RnD
$3.62M
$3.17M – $4.22M
NOI $253,394 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$4.47M
$3.91M – $5.22M
NOI $313,114 @ 7.0% cap · market cap 7.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33619, FL
39,881
Population
15,360
Households
2.6
Avg Household Size
35
Median Age
23%
College-Educated
83%
High-School Grad
27.5 sq mi
ZIP Area
1,450
Density / Sq Mi
$63,193
Median Household Income
$38,448
Median Earnings
$1,618
Median Rent
$220,300
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.
Similar Off Market Nearby
- BMS Moving & Storage — 4409 Eagle Falls Pl, Tampa, FL 33619
Frequently Asked Questions
What type of property is this?
Warehouse - Vacant industrial facilities with heavy-industrial land use support manufacturing, distribution, and warehouse operations.
Where is this warehouse located?
The property is located at 4911 S 50th St Tampa, FL.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: Five buildings totaling ±19,200 square feet on 2.28 acres; Delivered vacant following the current business’s relocation; Commercial Intensive and Manufacturing zoning
