1702 50Th StTampa, FL 33619

Property Details for 1702 50Th St

Year built

2004

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.81 AC

Property size (Sq ft)

9,030 SF

Zone code

IG

Property type

Retail properties

Property subtype

Strip malls

APN

A1629194D9000000000060

APU

A1629194D9000000000060

Description

This exceptional retail space, located at 1702 N 50th St in Tampa, Florida (zip code 33619), offers 2,250 square feet of versatile inline space. Built in 2004, the property sits on a 0.81-acre lot and boasts 50 parking spaces, ensuring ample customer convenience. The building is zoned IG and features excellent visibility in a high-traffic area with an impressive 30,000 AADT (Average Annual Daily Traffic). The space is situated next to established businesses like Domino's, Subway, and Metro PCS, providing immediate access to a thriving customer base. The property is available for lease with a Net Net Net (NNN) rent of $22.00 per square foot, and operating expenses are $11.38 per square foot. This location presents a unique opportunity for businesses seeking high visibility and strong foot traffic in a well-established commercial area of Tampa. The single-tenant occupancy allows for complete customization and control of the space. Don't miss this chance to establish your business in a prime Tampa location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,740,485

  6.5%

  $2,529,678

  7%

  $2,348,987

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,155,855

  Geo Method

  $4,155,855

• Alternative Use

  Use

  Valuation

  Residential

  $2,133,878

  Hospitality

  $1,954,621

  Educational

  $1,626,222

  Medical

  $1,682,150

  Retail

  $2,529,678

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9599

Longitude

-82.4023

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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