14-Room Limited-Service Motel
6409 S Dale Mabry Highway Tampa, FL 33611
For Sale
$1,697,500
Signalized hard-corner motel with 14 rooms, exterior corridors, and asphalt parking for 24 vehicles in CG zoning.
Property Size7,044 SF
Lot Size0.41 Acres
Price / SF$240.99
Days on Market33
Property Features for 6409 S Dale Mabry Highway
General Information
- Standard status
- Active
- Size
- 7,044 SF
- Lot size
- 0.41 Acres
- Property subtype
- SCR-COM
Building Details
- Year Built
- 1969
Listing Agency:
Century21 J.W. Morton Real Estate, Inc
(352) 726-6668
Listed By:
Elias Kirallah · License #3123414
(352) 726-6668
Source:
Realnex
Added: Jun 22
Changed: Jul 24
Last Checked: Jul 24 at 4:51AM
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 Century21 J.W. Morton Real Estate, Inc
Investment Insights
Based on property information with market context.
An opportunity to acquire a hard-corner hospitality asset configured as a single-story, 14-room limited-service motel. The property includes a concrete block building totaling approximately ±17,044 SF (approximately ±15,688 SF heated/conditioned), originally built in 1969 and renovated in 2000. Guest units feature exterior corridors, and the site includes high-speed internet and an asphalt-paved parking field with 24 spaces, along with a built-in on-site residential apartment with Central AC.
Located on the signalized corner of S Dale Mabry Highway and Interbay Boulevard, the property offers approximately 338' of frontage on S Dale Mabry Highway. The site sits within the City of Tampa and is zoned CG – Commercial General. The immediate area includes proximity to MacDill Air Force Base, Picnic Island, Gadsden Park, Bayshore Boulevard, and the Gandy connector to St. Petersburg.
With CG zoning and corner exposure, the footprint is positioned for uses beyond the current motel operation, including live/work professional offices and studios or retail suites, with no Airbnb or short-term-rental restrictions stated in the offering.
Located on the signalized corner of S Dale Mabry Highway and Interbay Boulevard, the property offers approximately 338' of frontage on S Dale Mabry Highway. The site sits within the City of Tampa and is zoned CG – Commercial General. The immediate area includes proximity to MacDill Air Force Base, Picnic Island, Gadsden Park, Bayshore Boulevard, and the Gandy connector to St. Petersburg.
With CG zoning and corner exposure, the footprint is positioned for uses beyond the current motel operation, including live/work professional offices and studios or retail suites, with no Airbnb or short-term-rental restrictions stated in the offering.
Key Highlights
- Signalized hard‑corner commercial site on S Dale Mabry Hwy and Interbay Blvd with 338+ ft of frontage on S Dale Mabry Hwy
- ±7,044 SF concrete block building (±5,688 SF heated/conditioned) built in 1969 and renovated in 2000
- Operating as Base Motel by OYO with a 14‑room limited‑service motel layout and exterior corridors
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 | $169.1k | $24.00 |
| − Vacancy | −$41.4k | −$5.88 |
| EGI | $127.6k | $18.12 |
| − OpEx | −$31.9k | −$4.53 |
| NOI | $95.7k | $13.59 |
7,044 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.37M
$1.20M – $1.60M
NOI $95,728 @ 7.0% cap · market cap 5.64%
Second Best
Mixed Use
$1.36M
$1.19M – $1.58M
NOI $95,094 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$1.64M
$1.44M – $1.91M
NOI $114,874 @ 7.0% cap · market cap 6.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Base Motel
Hotel & Motel
Similar Off Market Nearby
- Mac Dill Motel — 6227 S Dale Mabry Hwy, Tampa, FL 33611
- Nika Corporate Housing — 6402 S Dale Mabry Hwy, Tampa, FL 33611
- Base Motel — 6409 S Dale Mabry Hwy, Tampa, FL 33611
- CASA NUEVA LOSA — 3617 Anderson Ave, Tampa, FL 33611
- Sleep Inn & Suites Tampa South — 6231 S Dale Mabry Hwy, Tampa, FL 33611
FAQs
What type of property is this?
Motel - Signalized hard-corner motel with 14 rooms, exterior corridors, and asphalt parking for 24 vehicles in CG zoning.
Where is this motel located?
The property is located at 6409 S Dale Mabry Highway Tampa, FL.
What is the asking price?
The asking price for this property is $1,697,500.
What are key features of this property?
This property features: Signalized hard‑corner commercial site on S Dale Mabry Hwy and Interbay Blvd with 338+ ft of frontage on S Dale Mabry Hwy; ±7,044 SF concrete block building (±5,688 SF heated/conditioned) built in 1969 and renovated in 2000; Operating as Base Motel by OYO with a 14‑room limited‑service motel layout and exterior corridors
