Fenced Flex
For Sale
$475,000
5306 W COMMERCE Street, Tampa, FL 33616
Commercial Sale, TAMPA, FL
Property Size1,680 SF
Lot Size0.19 Acres
Price / SF$282.74
Days on Market48
Property Features for 5306 W COMMERCE Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IG
Subdivision
PORT TAMPA CITY MAP
Lot features
City Limits
Directions
From Westshore and Commerce, South on Commerce to property on left.
Standard status
Active
APN
A-20-30-18-42J-000110-00001.0
Size
1,680 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PORT TAMPA CITY MAP LOTS 1 TO 4 INCL BLOCK 110
Tax Annual Amount
2705
Legal Description
PORT TAMPA CITY MAP LOTS 1 TO 4 INCL BLOCK 110
Utilities
Sewer type
Public Sewer
Building Details
Year built
1963
Building materials
Metal Frame
Roof type
Metal
Listing Agency:
ALIGN RIGHT REALTY LLC
(727) 264-6800
Listed By:
Johnny Loewy
(813) 743-4663
Added: Sep 11
Changed: Oct 16
Last Checked: Oct 28 at 9:06AM
MLS# TB8547979
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,680-square-foot flex space occupies a fenced 0.19-acre corner lot in Tampa. The metal-frame building was constructed in 1963 and has a metal roof, with the layout positioned for customization within the flex and warehouse category. Public sewer serves the property, and the IG zoning designation supports its industrial positioning.
A short-term tenant currently occupies the building and is willing to remain. The lease also includes an early termination provision that can allow a purchaser to take occupancy. The property is located at 5306 W Commerce Street, between Commerce Street and Ingraham Street, with access from a corner setting.
A short-term tenant currently occupies the building and is willing to remain. The lease also includes an early termination provision that can allow a purchaser to take occupancy. The property is located at 5306 W Commerce Street, between Commerce Street and Ingraham Street, with access from a corner setting.
Key Highlights
- 1,680‑square‑foot flex building on a 0.19‑acre lot
- Fenced corner property at 5306 W Commerce Street
- IG zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,776
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,520
$495.5K
Cap Rate 7%
$353,943
$353.9K
Cap Rate 9%
$275,289
$275.3K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$30.8K $18.36/SF
− Vacancy
−$1.7K −$1.01/SF
EGI
$29.1K $17.35/SF
− OpEx
−$4.4K −$2.60/SF
NOI
$24.8K $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 Rate 5%
$495,520
Cap Rate 7%
$353,943
Cap Rate 9%
$275,289
Alternative Uses
Best Use
Warehouse
$353.9K
$309.7K – $412.9K
NOI $24,776 @ 7.0% cap · market cap 5.22%
Second Best
Flex RnD
$316.7K
$277.2K – $369.5K
NOI $22,172 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$391.4K
$342.5K – $456.6K
NOI $27,397 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33616, FL
14,802
Population
7,068
Households
2.1
Avg Household Size
36
Median Age
47%
College-Educated
96%
High-School Grad
3.9 sq mi
ZIP Area
3,795
Density / Sq Mi
$88,971
Median Household Income
$54,946
Median Earnings
$1,794
Median Rent
$369,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Tampa, FL
Frequently Asked Questions
What type of property is this?
Flex space - IG-zoned flex property with a fenced corner lot and a short-term tenant in place.
Where is this flex space located?
The property is located at 5306 W COMMERCE Street Tampa, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,680‑square‑foot flex building on a 0.19‑acre lot; Fenced corner property at 5306 W Commerce Street; IG zoning designation
