5252 Dale Mabry HwyTampa, FL 33611

Property Details for 5252 Dale Mabry Hwy

Year built

1954

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.31 AC

Property size (Sq ft)

5,488 SF

Zone code

CG

Property type

Retail properties

Property subtype

Turn key restaurants

APN

A0930183YK000006000090

APU

A0930183YK000006000090

Description

This exceptional 5,488 square foot restaurant space presents a rare second-generation opportunity in South Tampa, Florida. Located at 5252 S Dale Mabry Hwy, this vacant property boasts a fully equipped kitchen featuring a hood system, grease trap, walk-in cooler, and freezers. The space comfortably seated nearly 100 patrons in its previous iteration, which operated successfully for over 25 years. Situated on a 0.31-acre lot, the property includes 20 on-site parking spaces. The high-traffic location sees over 33,000 vehicles daily. An adjacent 0.21-acre lot (2,270 sq ft) with grandfathered zoning is optionally available for purchase at $450,000, offering potential for additional parking or redevelopment. This combined 0.53-acre parcel presents a unique opportunity for expansion or enhanced functionality. The building was constructed in 1954 and is zoned CG. The asking price for the restaurant building is $1,350,000 ($245.99/sq ft). This property is ideal for an established restaurant seeking expansion or a new business looking for a turnkey operation in a prime South Tampa location. The previous tenant's long-term success speaks to the location's viability and potential.

• CAP approach

  CAP return

  Valuation

  6%

  $3,142,398

  6.5%

  $2,900,675

  7%

  $2,693,484

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,525,729

  Geo Method

  $2,525,729

• Alternative Use

  Use

  Valuation

  Residential

  $2,446,828

  Hospitality

  $2,241,281

  Educational

  $1,864,720

  Medical

  $1,928,850

  Retail

  $2,900,675

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.8882

Longitude

-82.5061

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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