5014 Clark AveTampa, FL 33634

Property Details for 5014 Clark Ave

Year built

1985

Construction

STEEL FRAME

Lot size

0.31 AC

Property size (Sq ft)

6,419 SF

Zone code

IG

Property type

Retail properties

Property subtype

Auto shops

APN

A0429183IP000006000220

APU

A0429183IP000006000220

Description

This exceptional 13,650 square foot auto repair facility, located at 5014 N Clark Ave in Tampa, Florida, presents a lucrative investment opportunity. Built in 1985, the property boasts a single building situated on land zoned for auto service and repair (65 AUTO SERVICE\/REPAIR GARAGE). The high ceilings, measuring 20 feet, provide ample space for various automotive repair operations. Currently operating as a thriving truck repair shop, the property benefits from its strategic location amidst similar businesses on N Clark Ave in Hillsborough County, zip code 33614. The asking price is $1,400,000. This turnkey operation offers immediate income potential and significant upside for a savvy investor looking to capitalize on the robust Tampa automotive repair market. The property's substantial size and existing infrastructure make it ideal for expansion or diversification of services. This is a rare opportunity to acquire a well-established and profitable business in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,704,590

  6.5%

  $2,496,545

  7%

  $2,318,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,954,201

  Geo Method

  $2,954,201

• Alternative Use

  Use

  Valuation

  Residential

  $2,105,929

  Hospitality

  $1,929,020

  Educational

  $1,604,922

  Medical

  $1,660,117

  Retail

  $2,496,545

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9927

Longitude

-82.5126

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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