5251 S Dale Mabry Hwy Tampa, FL 33611
Property profile & analytics
5251 S Dale Mabry Hwy, Tampa, FL 33611
- Strip malls
- 4,523 SF
- 0.30 lot acres
Property ID
US19-0770957
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.
Location Intelligence
Current Use by Public Records
- Elevate Martial Arts South Tampa / Training Center / Sports School
- Physique Physical Therapy/Personal Training / Medical Clinic
- American Top Team South Tampa / Training Center / Sports School
Property Details for 5251 S Dale Mabry Hwy
- Year built
- 1960
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.30 lot acres
- Zone code
- CG
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- A0930183YC000002000010
- APU
- A0930183YC000002000010
Description
Maddox Plaza, located at 5251 S Dale Mabry Hwy in Tampa, Florida, presents a compelling value-add investment opportunity. This 4,000 square foot storefront property sits on a 13,095 square foot lot and is currently 100% occupied by two tenants under a triple net (NNN) lease structure. One lease offers flexibility for a new owner, allowing for the retention of current tenants, the implementation of a new market-rate lease, or an increase in rent for an existing tenant. Alternatively, the property is suitable for owner-occupancy. The property benefits from excellent visibility and high traffic counts due to its prominent location on S Dale Mabry Highway. Zoned GC (General Commercial), it allows for a diverse range of retail and office uses. Nearby retailers include Publix, Home Depot, Walmart, and Target, underscoring the strong retail environment. The asking price is $1,725,000, representing a 6.50% cap rate. This multi-tenant property offers a strong cash flow and significant upside potential for a savvy investor. The property's location in South Tampa provides access to excellent demographics and amenities. The 0.30-acre lot provides ample space and potential for future expansion or redevelopment. This is a rare opportunity to acquire a well-located, income-producing retail property in a thriving market. Florida's absence of state income tax further enhances the investment appeal.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,030,000
- 6.5%
- $950,000
- 7%
- $885,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,274,000
Market price range: $545k - $1.78M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,175,000 Current use
- OFFICE BUILDING
- $1,350,000 Change: +15% Conversion: Moderate
- MEDICAL BUILDING
- $1,225,000 Change: +4% Conversion: Difficult
- RETAIL STORES
- $1,005,000 Change: -15% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.5068
- Latitude
- 27.8882
- 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
$11,861
$345,708
$311,292
$657,000
-
$345,708
$311,292
$657,000
