South Tampa Retail
5251 S Dale Mabry Hwy Tampa, FL 33611
5251 S Dale Mabry Hwy, Tampa, FL, 33611
Contact for pricing
For Sale
Contact for pricing
Pending
Five-unit retail property in South Tampa with high traffic.
Property Size4,000 SF
Lot Size0.30 Acres
Days on Market658
Property Features for 5251 S Dale Mabry Hwy
General Information
- Standard status
- Pending
- Size
- 4,000 SF
- Lot size
- 0.30 Acres
- Property subtype
- Retail
Listing Agency
Reaves Real Estate
(239) 330-4313
Listed by
David Reaves · License #FL CQ1061487
Source
Crexi
Added: Oct 2, 2024 Updated: Jul 6 at 8:36 am Checked: Jul 20 at 4:00 am
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 Reaves Real Estate
Investment Insights
Based on property information with market context.
The property at 5251 S Dale Mabry Highway is a five-unit retail property located in the South Tampa market. It features a prime location, excellent signage, and high traffic count. The property includes 4,000 square feet of leasable space and is situated on 0.30 acres. Zoned CG "General Commercial", the property allows for a broad range of retail and office uses.
Key Highlights
- Prime location in the South Tampa Market
- Excellent signage opportunities
- Outstanding traffic count
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 | $72.0k | $18.00 |
| − Vacancy | −$4.0k | −$0.99 |
| EGI | $68.0k | $17.01 |
| − OpEx | −$20.4k | −$5.10 |
| NOI | $47.6k | $11.91 |
4,000 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$680.4K
$595.4K – $793.8K
NOI $47,628 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$931.9K
$815.4K – $1.09M
NOI $65,232 @ 7.0% cap · market cap 4.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Elevate Martial Arts ...
Training Center
Physique Physical Therapy/Personal ...
Medical Clinic
American Top Team ...
Training Center
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FAQs
What type of property is this?
Retail space - Five-unit retail property in South Tampa with high traffic.
Where is this retail space located?
The property is located at 5251 S Dale Mabry Hwy Tampa, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Prime location in the South Tampa Market; Excellent signage opportunities; Outstanding traffic count
