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Warehouse with Dock Doors
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5908 Breckenridge Pkwy, Tampa, FL 33610

Warehouse with high and low dock, ramp, and office.

Property Size40,780 SF
Price / SF$171.63
Days on Market865

Property Features for 5908 Breckenridge Pkwy

General Information

Standard status Active
Size 40,780 SF
Property subtype Office
Listing Agency: European Equities Corporation
Listed By: Chris Niewiarowski · License #SL3305127
Source: Crexi
Added: Mar 22, 2024 Changed: Jul 6 Last Checked: Aug 2 at 11:24AM

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 European Equities Corporation

Investment Insights

Based on property information with market context.

This property features a nearly 5,000 square foot warehouse with both high and low dock access, including two dock doors and a ramp. The clear height within the warehouse ranges from 15 to 18 feet. The property is located within Breckenridge Park, which offers two points of ingress and egress from Highway 301. The property is currently occupied as a headquarters and is zoned for general commercial use. The HVAC units were replaced between 2016 and 2019. A sprinkler and alarm system are in place.

Key Highlights

  • General commercial zoning offers versatile possibilities.
  • Approximately 5,000 sf warehouse space.
  • High and low dock with 2 dock doors and ramp for easy loading.

Financial Insights For Office B

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 $851.5k $20.88
− Vacancy −$211.2k −$5.18
EGI $640.3k $15.70
− OpEx −$160.1k −$3.93
NOI $480.2k $11.78
40,780 SF · lease $20.88/SF/yr · vacancy 24.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$6.86M
$6.00M – $8.00M (±1% cap)
NOI $480,238 @ 7.0% cap · market cap 6.86%
Second Best
Warehouse
$4.55M
$3.98M – $5.31M (±1% cap)
NOI $318,394 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$9.41M
$8.23M – $10.97M (±1% cap)
NOI $658,385 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Bexcode Services (Bike/Boat/Book/etc) Store Benzer Franchise Physician 340B Pharmacy Pharmacy Marlaina Photo Photography Service Medicap Laboratories Department Store

Suggested Use

Top Pick Auto Parts Store Hair Salon Real Estate Agency Bakery (Bike/Boat/Book/etc) Store Skin Care Clinic

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

259
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33610, FL

45,218
Population
17,995
Households
2.5
Avg Household Size
34
Median Age
19%
College-Educated
82%
High-School Grad
18.0 sq mi
ZIP Area
2,512
Density / Sq Mi
$49,765
Median Household Income
$34,773
Median Earnings
$1,307
Median Rent
$210,600
Median Home Value

Market

Vacancy Rate% for Office in Tampa, FL

13.8% 2019
14.2% 2020
19.1% 2021
22.3% 2022
21.9% 2023
20.7% 2024
18.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse with high and low dock, ramp, and office.
Where is this warehouse located?
The property is located at 5908 Breckenridge Pkwy Tampa, FL.
What is the asking price?
The asking price for this property is $6,999,000.
What are key features of this property?
This property features: General commercial zoning offers versatile possibilities.; Approximately 5,000 sf warehouse space.; High and low dock with 2 dock doors and ramp for easy loading.
(727) 723-3771 Call to check price and availability
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