Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5100 Hanna Ave Tampa, FL 33634-8020
    Back to Search
    Property profile & analytics

    5100 Hanna Ave, Tampa, FL 33634-8020

    View on Map
    • Distribution centers
    • 74,699 SF
    • 2.86 lot acres
    Off-Market
    Last Sale Jun 22, 2023
    $9,900,000
    Property ID
    US18-9053082
    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
    $9,515,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Guixens Food Group Inc / Grocery & Convenience Store / Food Market
    • Y2Kool Inc. / Hardware & Home Improvement / HVAC Service
    • Vivint Solar / Solar Energy Company / Solar Energy Equipment Supplier

    Property Details for 5100 Hanna Ave

    Year built
    1974
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.86 lot acres
    Zone code
    SPI-AP-5
    Property type
    Distribution centers
    APN
    U322818ZZZ000001030200
    APU
    U322818ZZZ000001030200

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 22, 2023 $9,900,000 Bri 5100 W Hanna LLC Dogwood Propco Fl LP Special Warranty Deed —
    Mar 17, 2020 — Dogwood Propco Fl LP Dogwood Holdings LP Special Warranty Deed $200M · Wells Fargo Bank NA
    Jan 8, 2020 $6,647,000 Dogwood Holdings LP Hanna Warehouse Partners LLC Grant Deed —
    Oct 6, 2008 $2,800,000 Hanna Warehouse Partners LLC Kumar Roger Trust Grant Deed $2.2M · Kumar Roger Trust (tr)
    — — Hanna Warehouse Partners LLC — Deed Of Trust · related $2M · Usameribank
    — — Hanna Warehouse Partners LLC — Loan Modification · related $2.8M · Usameribank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $9,200,000
      ML approach
      $9,065,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $14,850,000
      Current use
      AUTO REPAIR, GARAGE
      $14,415,000
      Change: -3% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.5288
    Latitude
    28.003
    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
    $117,936
    $596,569
    $6,490,931
    $7,087,500
    -
    $596,569
    $6,490,931
    $7,087,500

    Comparable in this City

    • Value Estimation
      $7,985,000
      72,250 SF

      4700 Hoover Blvd

      DISTRIBUTION WAREHOUSE
      4700 Hoover Blvd, Tampa, FL 33634-5388
      View Details
    • Value Estimation
      $5,805,000
      61,914 SF

      5101 Knox St

      DISTRIBUTION WAREHOUSE
      5101 Knox St, Tampa, FL 33634-8029
      View Details
    • Value Estimation
      $17,135,000
      50,555 SF

      5445 Hangar Ct

      DISTRIBUTION WAREHOUSE
      5445 Hangar Ct, Tampa, FL 33634-5341
      View Details
    • Value Estimation by Request
      72,852 SF

      8130 Anderson Rd

      Manufacturing properties
      8130 Anderson Rd, Tampa, FL 33634
      View Details
    • Value Estimation by Request
      30,000 SF

      6610 Anderson Rd

      Distribution properties
      6610 Anderson Rd, Tampa, FL 33634
      View Details
    • Value Estimation by Request
      39,900 SF

      6002 Benjamin Rd

      DISTRIBUTION WAREHOUSE
      6002 Benjamin Rd, Tampa, FL 33634-5104
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      28,590 SF

      Tampa Industrial Opportunity on Quality

      Well-located industrial property near Tampa's major transportation corridors.
      4506 Quality Ln, Tampa, FL 33634
      View Details
    • Contact for pricing

      Tampa Flex Space For Sale

      Inviting flex space with open layout and prime Tampa location.
      5160-B West Clifton St, Tampa, FL 33634
      View Details
    • Contact for pricing

      Versatile Industrial Property in Tampa

      Spacious warehouse with office space, ideal for industrial operations.
      5147 W Clifton St, Tampa, FL 33634
      View Details
    • Contact for pricing
      50,000 SF

      Manufacturing Facility on Waters Avenue

      50,000 SF manufacturing facility with high visibility.
      5100-5130 W Waters Ave, Tampa, FL 33634
      View Details
    • Contact for pricing
      12,336 SF

      Office/Warehouse Property with Tenant Income

      12,246 SF office/warehouse with tenant income and owner-user potential.
      5620 W Sligh Ave, Tampa, FL 33634
      View Details
    • Contact for pricing

      Modern Flex Industrial Park

      Modern, flexible spaces designed to elevate the work experience.
      6702-6712 Benjamin Rd, Tampa, FL 33634
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      21,055 SF

      Tampa Industrial Warehouse For Rent

      101,407 SF warehouse near Tampa International Airport.
      8110 Anderson Rd, Tampa, FL 33634
      View Details
    • Contact for pricing
      3,449 SF

      40,000 SF Warehouse Space

      40,000 SF warehouse with twelve bays and dock doors.
      6203 Johns Rd, Tampa, FL 33634
      View Details
    • Contact for pricing
      6,890 SF

      Industrial Space Available For Lease

      Industrial space for lease in Tampa, Florida.
      5433 W Sligh Ave, Tampa, FL 33634
      View Details
    • Contact for pricing
      100,698 SF

      Industrial Space Available For Lease

      Industrial space available for lease, ranging from 30,000 to 100,698 SF.
      6101 Johns Rd, Tampa, FL 33634
      View Details
    • Contact for pricing

      Warehouse Space with Move-in Ready Office

      43,845 SF warehouse with 1,971 SF move-in ready office.
      5416 W Sligh Ave, Tampa, FL 33634
      View Details
    • Contact for pricing
      16,500 SF

      Tampa Warehouse and Distribution Space

      Warehouse and distribution space available near Tampa International Airport.
      5502-5518 Pioneer Park Blvd, Tampa, FL 33634
      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.
    5100 Hanna Ave
    Tampa, FL 33634-8020
    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
    5100 Hanna Ave, Tampa, FL, 33634
    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!