2032 51St StTampa, FL 33619

Property Details for 2032 51St St

Year built

1966

Construction

STEEL FRAME

Lot size

2.96 AC

Property size (Sq ft)

16,320 SF

Zone code

M

Property type

Other commercial real estate

Property subtype

Showrooms

APN

U2729191PV000000000400

APU

U2729191PV000000000400

Description

This Tampa, Florida industrial property offers 16,320 square feet of manufacturing and warehouse space for lease. Located in the Palm River submarket at 2032 S 51st St, 33619, this free-standing building sits on a three-acre lot with a large fenced yard providing ample outside storage. The building features 16'+ clear heights, six 20'W x 14'W roll-up doors (allowing drive-through access), and 800 amps of three-phase power (multiple meters). Currently, approximately 10,000 square feet of warehouse space is available for lease, with the option for a sale/leaseback arrangement. The property benefits from convenient access to major roadways including I-75, I-4, Adamo Drive, and the Selmon Expressway, as well as proximity to Port Tampa Bay and the CSX Railway line. Utilities include well water (with county water nearby) and septic. The building is constructed of metal and features LED lighting. The property is zoned for manufacturing and offers a versatile layout adaptable to various business needs. The Hillsborough County location provides excellent accessibility and ample parking.

• CAP approach

  CAP return

  Valuation

  6%

  $4,952,902

  6.5%

  $4,571,910

  7%

  $4,245,345

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,510,914

  Geo Method

  $7,510,914

• Alternative Use

  Use

  Valuation

  Residential

  $3,856,577

  Hospitality

  $3,532,604

  Educational

  $2,939,085

  Medical

  $3,040,165

  Retail

  $4,571,910

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9271

Longitude

-82.3984

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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