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3802 Ehrlich Rd Tampa, FL 33624-2378

OFF-MARKET Office buildings Google Maps
37,132 SF 2.31 ac lot Built 1984
Entity Owned 13-yr Hold ~ Est. High Equity
Estimated value (blended)
$4.92M
Range $4.43M – $5.41M (±10%)
Property ID US18-5432461

Property summary

AI-generated overview

Ehrlich Plaza, situated at 3802 Ehrlich Rd, Tampa, FL 33618, presents a unique investment opportunity. This single, well-maintained building totaling 32,000 square feet offers a variety of office spaces suitable for various needs. The property's strategic location at the prominent southwest corner of Ehrlich Road and Dale Mabry Highway ensures high visibility and accessibility. Currently, there are 25 suites in total, with 4,000 square feet of vacant space available for lease. The available spaces range from 1,000 to 1,335 square feet, ideal for businesses seeking flexible and adaptable work environments. Ehrlich Plaza caters to a diverse range of tenants, accommodating traditional office, executive office, and medical office uses. Recent extensive renovations and a comprehensive rebranding initiative have modernized the property, enhancing its appeal and functionality. The building's prime location within the thriving Carrollwood area offers excellent access to amenities, transportation, and a strong workforce. This is an exceptional opportunity to secure office space in a highly visible and well-maintained building in a desirable Tampa location. The property is classified as Retail and Office, with multiple tenancies available.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 37,132 SF
Lot 2.31 ac (100,623 SF)
Zoning code PD
APN U042818ZZZ000000796700
UPID US18-5432461

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility
  • Dental Office
  • Physician Medical Clinic
  • Physician
  • Business Management Consultant Building Consultant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.80M
Blend (final) Blend
$4.92M

Owner & transaction history

since 2013
3 recorded transactions
2013
$3.3M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PD · Tampa, FL
Zoning description

through 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and 2 • Channel District - CD 1 and 2 • Seminole Heights - SH-RS, SH-RSA, SH-RM, SH-CG, SH-CI • Neighborhood Mixed Use - NMU16, NMU-24, NMU-35 • Planned Development -…

General category PLANNED_DEVELOPMENT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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