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Property profile & analytics
OFF-MARKET Estimated value $2,050,000
Manufacturing properties

141 Burbank Rd Oldsmar, FL 34677-4900

13,560 SF 0.77 ac lot Built 1984
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-8526238
Property summary
AI-generated overview

This exceptional 13,560-square-foot industrial flex building presents a remarkable leasing opportunity in Oldsmar, Florida. Situated on a 0.76-acre lot, this single-tenant property boasts a prime location offering easy access to Pasco, Pinellas, and Hillsborough counties, and is conveniently located approximately 10 miles from Tampa International Airport. Built in 1984, the building features a spacious warehouse area with impressive 18'-20' clear ceiling heights, complemented by 12' ceilings in the office and clean manufacturing space. The functional layout includes fully air-conditioned office space, seven private offices, a conference room, four restrooms, and two breakrooms. Seven 10' x 15' grade-level overhead doors provide convenient access for loading and unloading. Significant upgrades enhance this property's value, including a modernized commercial HVAC system, robust 1800-amp, 3-phase power, adaptable modular/moveable walls, a water purification system, and a comprehensive fire suppression system. Approximately 8,000 square feet are dedicated to clean manufacturing space, ideal for various industrial applications. The property is zoned under Oldsmar Zoning and its APN is 13-28-16-00000-430-0210. This versatile space is perfect for businesses seeking a well-equipped and strategically located facility in the thriving Tampa Bay area.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1984
Construction FRAME
Total area 13,560 SF
Lot 0.77 ac (33,532 SF)
APN 13-28-16-00000-430-0210
UPID US18-8526238
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.53M
Comparable Approach Comparable
$2.15M
Blend (final) Blend
$2.05M
Owner & transaction history
Nick Properties Group INC · 3 yrs held
Nick Properties Group INC
since 2022
Last sale
$2.0M
5 recorded transactions
2022
$2.0M
2018
Price N/A
2006
$1.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $3.0M +32.6%
Warehouse, storage $2.9M +29.5%
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