Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4008 Alva St Tampa, FL 33614-7035
    Back to Search
    Property profile & analytics

    4008 Alva St, Tampa, FL 33614-7035

    View on Map
    • Warehouses
    • 17,136 SF
    • 1.43 lot acres
    Off-Market
    Last Sale Mar 13, 2024
    $556,100
    Property ID
    US19-0517223
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $555,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bay Stage Live / IT Consulting Firm / Tech Support Center

    Property Details for 4008 Alva St

    Year built
    1957
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.43 lot acres
    Zone code
    IG
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    A0429183IP000028000040
    APU
    A0429183IP000028000040

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 13, 2024 — Brian Bradley Justo Brian Bradley Justo Intrafamily Transfer · related —
    Feb 26, 2003 $556,100 Brian B Justo Baker-drp Co Partnership Grant Deed $472k · Southtrust Bank NA
    Oct 25, 2001 $425,000 Ricketts Bag Corp Cady Industries INC Grant Deed —
    — — Baker Drp Co Partnership — Deed Of Trust · related $137k · First Union National Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $555,000
      ML approach
      $555,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.5103
    Latitude
    27.9835
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,350
    $668,112
    $595,588
    $1,263,700
    -
    $668,112
    $595,588
    $1,263,700

    Comparable in this City

    • Value Estimation
      $2,885,000
      30,384 SF

      4007 Alva St

      MINI-WAREHOUSE, STORAGE
      4007 Alva St, Tampa, FL 33614-7030
      View Details
    • Value Estimation
      $950,000
      7,264 SF

      3916 Osborne Ave

      MINI-WAREHOUSE, STORAGE
      3916 Osborne Ave, Tampa, FL 33614-6551
      View Details
    • Value Estimation by Request
      924 SF

      4720 Shr Blvd

      MINI-WAREHOUSE, STORAGE
      4720 Shr Blvd, Tampa, FL 33614-6940
      View Details
    • Value Estimation
      $545,000
      4,256 SF

      4621 Hale Ave

      MINI-WAREHOUSE, STORAGE
      4621 Hale Ave, Tampa, FL 33614-7042
      View Details
    • Value Estimation
      $615,000
      7,200 SF

      4313 Ws Ave

      MINI-WAREHOUSE, STORAGE
      4313 Ws Ave, Tampa, FL 33614-6465
      View Details
    • Value Estimation
      $850,000
      7,680 SF

      4662 Air Cargo Rd Ste, Unit 1500

      MINI-WAREHOUSE, STORAGE
      4662 Air Cargo Rd Ste, Tampa, FL 33614-6932
      View Details

    Similar Nearby for Sale

    • $425,000
      0.23 Acres

      Tampa Commercial Land Opportunity

      Commercial Industrial zoned land in established Tampa business district.
      4201 W Crest Ave, Tampa, FL 33614
      View Details
    • Contact for pricing

      Drew Park Commercial Industrial Land

      Rare commercial land in Tampa's established business district.
      4201 W Crest Ave, Tampa, FL 33614
      View Details

    Similar Nearby for Lease

    • $12,000 /Mo

      Versatile Flex/Warehouse Space Available

      Adaptable warehouse, retail, or office spaces with excellent accessibility.
      9212 Lazy Ln, Tampa, FL 33614
      View Details
    • Contact for pricing
      5,004 SF

      Drew Park Industrial Warehouse

      5,004 SF warehouse with renovated showroom and fenced exterior.
      5005 N Coolidge Ave, Tampa, FL 33614
      View Details
    • Contact for pricing
      21,213 SF

      Tampa Warehouse with Dock Doors

      Industrial space with dock doors and convenient highway access.
      7920 Woodland Center Blvd, Tampa, FL 33614
      View Details
    • Contact for pricing
      36,296 SF

      Drew Park Industrial Spaces Available

      Move-in ready industrial spaces in a centrally located Tampa complex.
      5010 N Coolidge Ave, Tampa, FL 33614
      View Details
    • Contact for pricing

      Tampa Warehouse Units For Lease

      Warehouse units available for lease in Tampa's Drew Park.
      4808 North Manhattan Ave, Tampa, FL 33614
      View Details
    • $40,000

      Tampa Warehouse with Gated Yard

      Two-story warehouse with gated yard near Tampa Airport.
      4214 W Virginia Ave, Tampa, FL 33614
      View Details
    Request Owner's contact information
    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.
    4008 Alva St
    Tampa, FL 33614-7035
    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
    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

    Thank You for Inquiry
    4008 Alva St, Tampa, FL, 33614
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!