Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4701 Hillsborough Ave Tampa, FL 33614

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    7,000 SF Office, Tampa, FL - Newly Renovated

    Lot size:
    14,708 SF

    Property Features for 4701 Hillsborough Ave

    General Information

    Property type
    Office properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,708 SF
    Total Rate
    22062

    Building Details

    Year Built/Renovated
    1958/2019
    Stories
    2

    Spaces For Lease

    at 4701 Hillsborough Ave, Tampa, FL 33614 Contact us
    Unit Available Space 1

    $18 /Mo

    Size
    7,000 SF
    Contact us

    We can help!

    Listing Contact
    Peter Katsarelis
    Peter Katsarelis

    Listing Agency: Brokers International Real Estate Listing Agent: Peter Katsarelis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 14,708 square foot, two-story office building, located at 4701 W Hillsborough Ave in Tampa, Florida (zip code 33614), presents a unique leasing opportunity. Built in 1958 and extensively renovated in 2019, the property offers a blend of classic charm and modern functionality. Currently, 7,000 square feet of space is available for lease, representing a significant portion of the building's total area. The maximum contiguous space available is 7,000 square feet. The layout includes 11 private office suites, three spacious open work areas, and a large conference room, perfect for collaborative work and presentations. The building boasts ample amenities, including four bathrooms and two fully equipped kitchens, conveniently located on both floors. Additional storage rooms cater to various business needs. With 50 parking spaces available, ample parking is provided for employees and clients. This property is situated in the highly desirable Northwest Tampa submarket, at the intersection of Hillsborough and Anderson Avenues, offering excellent accessibility and visibility. The building is classified as a Traditional Office and Executive Office space, suitable for a variety of businesses. The property is in Hillsborough County and features a multi-tenant occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tru Auto Wholesales, ... Car Dealership Crown Auto Finance Car Dealership Top Value Auto ... Car Dealership

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.5224671
    Latitude
    27.9971277

    Nearby Similar for Lease

    • $2,950 /Mo
      4,980 SF

      Furnished Corner Office Space Available

      Move-in ready, furnished office space with flexible lease terms.
      1046 W Busch Blvd, Tampa, FL 33612
      View Details
    • $17 SF/Yr
      2,860 SF

      Tampa Retail Showroom For Rent

      Retail showroom in vintage 1926 building with high visibility.
      4709 N Florida Ave, Tampa, FL 33603
      View Details
    • $30 SF/Yr
      1,946 SF

      Retail Property in South Tampa

      Retail property for lease in Palma Ceia/South Tampa area.
      2714 S Macdill Ave, Tampa, FL 33629
      View Details
    • $21 SF/Yr
      3,290 SF

      Ybor City Warehouse and Office

      Newer construction warehouse and office space in Ybor City.
      2820 N 34Th St, Tampa, FL 33605
      View Details
    • $3,400 /Mo
      2,350 SF

      Hillsborough Avenue Mixed-Use Space

      Flexible mixed-use space with high traffic and convenient access.
      13803 Hillsborough Ave, Tampa, FL 33635
      View Details
    • New
      $6,500 /Mo
      3,480 SF

      Tampa Commercial Space with Patio

      2,000 SF commercial space with outdoor seating area.
      3918 Boulevard N, Tampa, FL 33603
      View Details
    • New
      $6,000 /Mo
      2,280 SF

      Downtown Tampa Commercial Office Space

      High-visibility 1,500 SF office space in downtown Tampa.
      1006 N Florida Ave, Tampa, FL 33602
      View Details
    • New
      $5,250 /Mo
      3,242 SF

      Flexible Commercial Space in Tampa

      3,242 SF mixed-use space with office and warehouse units.
      8202 N Armenia Ave, Tampa, FL 33604
      View Details
    • New
      $2,500 /Mo
      Pending

      Remodeled Retail/Commercial Space in Tampa

      Completely remodeled retail/commercial space in the heart of Tampa.
      7002 N Nebraska Ave, Tampa, FL 33604
      View Details
    • $500 /Mo
      1,800 SF

      Office Suite in New Tampa

      Office suite for sublease in a shared professional building.
      5305 Technology Dr, Tampa, FL 33647
      View Details
    • $3,000 /Mo
      1,274 SF

      Turnkey Office Condo in Tampa

      Professional office condo for lease in a prime Tampa location.
      5404 Hoover Blvd, Tampa, FL 33634
      View Details
    • $3,000 /Mo
      1,700 SF

      Hyde Park Freestanding Office Building

      Freestanding Hyde Park office with high ceilings and natural light.
      806 W De Leon St, Tampa, FL 33606
      View Details

    FAQs

    What type of property is this?
    Office property - 7,000 SF Office, Tampa, FL - Newly Renovated
    Where is this office property located?
    The property is located at 4701 Hillsborough Ave Tampa, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 7,000 SF of modern office space available for lease.; Ample parking (50 spaces) for employees and visitors.; Prime location at Hillsborough & Anderson Avenues in Northwest Tampa.
    (813) 992-7653 Call to check price and availability
    Request Owner's contact information
    4701 Hillsborough Ave Tampa, FL 33614
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4701 Hillsborough Ave
    Tampa, FL 33614
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4701 Hillsborough Ave Tampa, FL 33614
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Peter Katsarelis
    Peter Katsarelis
    Real Estate License ID: BK3463486
    (813) 992-7653 (813) 549-7653
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!