Property profile

5120 Waters Ave Tampa, FL 33634

OFF-MARKET
Warehouses
Property ID
US19-0202174
50,000 SF 4.8 ac lot
Entity Owned 3-yr Hold
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Property summary

AI-generated overview

This exceptional 50,000-square-foot industrial property, situated on a generous 4.8-acre lot in Tampa's Airport submarket, presents a unique investment opportunity. The single-story building, zoned M, boasts a substantial 18-foot ceiling height, ideal for various industrial and manufacturing uses. The property features three loading docks, ensuring efficient logistics. Ample parking is available, with 180 spaces currently on-site, and potential for additional parking during the week at an adjacent location. Originally constructed as a manufacturing facility, the building is equipped with robust electrical infrastructure, including a 2,000-amp, 480/277V, 3-phase internal building switchgear and a 1,000 KVA transformer. Climate control is provided by a substantial 150+ ton A/C system and 16 rooftop HVAC units. The property's strategic location offers convenient access to major transportation arteries, including a 4-minute drive to Dale Mabry Highway, a 5-minute drive to Veterans Expressway, and a 15-minute drive to I-275, making it an attractive option for businesses requiring seamless connectivity. The property's flexible zoning and extensive amenities make it suitable for a wide range of industrial and manufacturing operations. The prominent frontage on W Waters Avenue provides excellent visibility and accessibility.

Property profile

Verified
Property type Warehouses
Total area 50,000 SF
Lot 4.8 ac (209,088 SF)
UPID US19-0202174

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
  • Corporate Office

Location

5120 Waters Ave Tampa, FL 33634
Tampa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history

since 2023
1 recorded transaction
2023
$5.5M

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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