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Dan Flamholz Acquires Industrial Asset At 7810 Professional Place From David & Betty Nipper For $2.33M

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SOLD
$2,300,000

Florida

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Industrial14,434 SF
Sold 04/30/2025
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Property Image
SOLD

Dan Flamholz Acquires Industrial Asset At 7810 Professional Place From David & Betty Nipper For $2.33M

7810 Professional Place

See Similar Deals
Industrial14,434 SF
Sold 04/30/2025
Contact now

Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$159
Total Square Footage:14,434 SF
Transaction Type:Sale

The property involved in this transaction is an industrial asset located at 7810 Professional Place in Tampa. It was sold for a total price of $2,330,000, encompassing a square footage of 14,434. The price per square foot for this sale is calculated to be $161.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,330,000
  • Address: 7810 Professional Place
  • Market: Tampa
  • Square Footage: 14,434
  • Price Per Square Foot: $161
  • Buyer: Dan Flamholz
  • Seller: David & Betty Nipper
  • Broker Representatives: Pablo Vignolo, Matthew Martinez & Raul Pino - The Hype Real Estate Group

Pablo Vignolo, Matthew Martinez, and Raul Pino represented both the seller and buyer in this transaction, successfully facilitating a smooth closing. The Hype Real Estate Group is actively seeking opportunities in the industrial and retail sectors across various states, including Florida, Georgia, North Carolina, Virginia, and northeastern states. The team operates physical offices in Miami and New York and encourages potential buyers to reach out for similar opportunities.

Players

Raul Pino
50 deals$344.4M volume
BROKER

Pablo Vignolo
The Hype Real Estate Group
43 deals$285.6M volume
BROKER

Matthew Martinez
The Hype Real Estate Group
3 deals$5.7M volume(305) 613-9943
BROKER

Details

SOLD
IMAGE: Pablo Vignolo, Matthew Martinez & Raul Pino DATE: 4/30/2025 ADDRESS: 7810 Professional Place MARKET: Tampa ASSET TYPE: Industrial BUYER: Dan Flamholz SELLER: David & Betty Nipper BROKERS: Pablo Vignolo (@Hypepabs), Matthew Martinez (@MattMartinez94) & Raul Pino (@Thewolfofsouthfl) - The Hype Real Estate Group (@TheHypeRealEstateGroup) SALE PRICE: $2,330,000 SF: 14,434 ~ PPSF: $161 NOTE FROM BROKER: Another successful off-market transaction where Hype worked with both the Seller and Buyer for a smooth closing. Our team is actively sourcing industrial and retail opportunities throughout Florida, Georgia, North Carolina, Virginia, and northeastern states. We have physical offices in Miami and New York and looking to connect with more buyers who want to purchase good opportunities in these markets. Please reach out to Pablo Vignolo ([email protected]), Matthew Martinez ([email protected]), and/or Raul Pino ([email protected]) for similar opportunities.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$122,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08