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Auto Service Garage
For Sale
$460,000

5910 N 40TH Street, Tampa, FL 33610

Commercial Sale, TAMPA, FL

Property Size1,440 SF
Lot Size0.44 Acres
Price / SF$319.44
Days on Market101

Property Features for 5910 N 40TH Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning RS-50
Subdivision MORA SUB
Lot features Corner Lot, City Limits
Directions FROM HILLSBOROUGH AVE AND 40TH STREET, HEAD NORTH ON 40TH STREET TO PROPERTY ON THE LEFT OF IDLEWILD AVE AND 40TH STREET.
Standard status Active
APN A-33-28-19-48S-000000-00064.0
Size 1,440 SF
Lot size 0.44 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MORA SUBDIVISION LOTS 64 65 66 AND 67 LESS RD R/W
Tax Annual Amount 3375
Legal Description MORA SUBDIVISION LOTS 64 65 66 AND 67 LESS RD R/W

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1957
Floors in Building 1
Number of units 2
Building materials Frame
Additional Structures Workshop
Listing Agency: LAURA FERGUSON REALTY
Listed By: Laura Ferguson · License #3120720
Added: Jul 5 Changed: Sep 19 Last Checked: Oct 13 at 10:06PM
MLS# TB8526050

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.

Investment Insights

Based on property information with market context.

This Tampa property includes an existing frame garage structure that has historically supported automotive service and repair operations. The building contains 1,440 square feet and sits on a 0.44-acre parcel. The offering conveys real estate only; business assets, equipment, tools, lifts, and inventory are excluded.

Located at 5910 N 40TH Street in Tampa, the property carries RS-50 zoning and Hillsborough County use codes REI0 and COE2. Public water and public sewer serve the site. Any permitted automotive, redevelopment, licensing, or legal nonconforming use should be independently verified with the appropriate governmental authorities.

Key Highlights

  • Existing 1,440‑square‑foot automotive service and repair garage structure
  • 0.44‑acre parcel at 5910 N 40TH Street, Tampa, FL 33610
  • RS‑50 zoning with Hillsborough County use codes REI0 and COE2

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,602
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,040 $332.0K
Cap Rate 7%
$237,171 $237.2K
Cap Rate 9%
$184,467 $184.5K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$25.9K $18.00/SF
− Vacancy
−$2.2K −$1.53/SF
EGI
$23.7K $16.47/SF
− OpEx
−$7.1K −$4.94/SF
NOI
$16.6K $11.53/SF
Area
ZIP 33610
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,040
Cap Rate 7%
$237,171
Cap Rate 9%
$184,467

Alternative Uses

Best Use
Retail
$237.2K
$207.5K – $276.7K (±1% cap)
NOI $16,602 @ 7.0% cap · market cap 3.61%
Second Best
Industrial
$132.3K
$115.7K – $154.3K (±1% cap)
NOI $9,259 @ 7.0% cap · market cap 2.01%
Theoretical Best
Office A
$332.1K
$290.6K – $387.5K (±1% cap)
NOI $23,249 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

bubba's Automotive Auto Repair Shop Foreign Motors West Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Electrical Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store HVAC Service Law Firm

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

592
Businesses Nearby
12k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 88% Dining 7% Electronics 5%
Citgo Shops & Services
7,633 visits/mo 0.2 miles
Value Pawn & Jewelry Shops & Services
2,728 visits/mo 0.4 miles
Salem's Gyros & Subs Dining
809 visits/mo 0.3 miles
Metro by T-Mobile Electronics
567 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Tampa, FL

6.3% 2019
6.3% 2020
5.3% 2021
4.3% 2022
4% 2023
3.8% 2024
4.7% 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?
Auto shop - Existing garage structure on an RS-50-zoned parcel with public water and sewer service.
Where is this auto shop located?
The property is located at 5910 N 40TH Street Tampa, FL.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Existing 1,440‑square‑foot automotive service and repair garage structure; 0.44‑acre parcel at 5910 N 40TH Street, Tampa, FL 33610; RS‑50 zoning with Hillsborough County use codes REI0 and COE2
More about this property
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