5000 Nebraska AveTampa, FL 33603

  • Other commercial real estate
  • 5,556 SF
For Sale
$3,000,000 View listing

Property Details for 5000 Nebraska Ave

Year built
1997
Construction
STEEL FRAME
Lot size
0.32 AC
Property size (Sq ft)
5,556 SF
Zone code
SH-CG
Property type
Other commercial real estate
Property subtype
Showrooms
APN
A0129184GC000000000010
APU
A0129184GC000000000010

Description

This exceptional Tampa, Florida investment opportunity presents a portfolio of two industrial buildings totaling 11,600 square feet on a 0.8-acre lot in the desirable Seminole Heights neighborhood. The property, built in 1997 and renovated in 2018, features a mix of warehouse and flex office space, currently operating at 100% occupancy. Building 1, at approximately 5,640 square feet, includes a warehouse with 25-foot clear height ceilings, roll-up doors, and four offices. Building 2, approximately 5,960 square feet, comprises three flex offices

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,648,866
    6.5%
    $1,522,030
    7%
    $1,413,314
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,557,024
    Geo Method
    $2,557,024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,283,890
    Hospitality
    $1,176,036
    Educational
    $978,448
    Medical
    $1,012,098
    Retail
    $1,522,030
5000 Nebraska Ave, Tampa, Florida

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
27.9905
Longitude
-82.4515
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
$6,486
$188,325
$153,775
$342,100
-
$188,325
$153,775
$342,100

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