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5251 S Dale Mabry Hwy Tampa, FL 33611

Strip malls Google Maps
4,523 SF 0.3 ac lot Built 1960
Entity Owned 11-yr Hold ~ Est. High Equity
5251 S Dale Mabry Hwy, Tampa, FL 33611 For Sale
Contact for pricing 4,523 SF
5251 S Dale Mabry Hwy, Tampa, FL 33611
View Listing →
Estimated value (blended)
$1.27M
Range $1.14M – $1.40M (±10%)
Property ID US19-0770957

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,523 SF
Lot 0.3 ac (13,095 SF)
Zoning code CG
APN A0930183YC000002000010
UPID US19-0770957

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
  • Training Center Sports School
  • Medical Clinic
  • Training Center Sports School

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$950k
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$1.27M

Owner & transaction history

since 2015
Last sale
$1.4M
6 recorded transactions
2015
$335,000
2014
Price N/A
2007
$415,000
2007
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CG · Tampa, FL
Zoning description

as allowed by the code. Categories of zoning districts • Single family - RS-150, RS-100, RS-75, RS-60, RS-50 • Multiple family - RM-75, RM-50, RM-24, RM-18, RM-16, RM-12 • Office - RO, RO-1, OP , OP-1 • Commercial - CI,…

General category COMMERCIAL
Top alternative use upside
Office building $1.4M +14.7%
Medical building $1.2M +3.9%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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