10277 Adamo DrTampa, FL 33619

Property Details for 10277 Adamo Dr

Year built

1991

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.42 AC

Property size (Sq ft)

32,595 SF

Zone code

CI

Property type

Retail properties

Property subtype

Retail space

APN

U192920663000002520600

APU

U192920663000002520600

Description

This exceptional 9,000 square foot free-standing building presents a rare opportunity for a restaurant or retail establishment in a high-traffic Tampa location. Situated on a 1.5-acre lot at the hard corner of Adamo Drive (SR-60) and Falkenburg Road, this single-tenant property boasts unparalleled visibility and accessibility. The site benefits from a full median cut providing convenient access and ample parking with 282 spaces available. Its strategic location offers significant advantages, being an outparcel to a 210-room Drury Plaza Hotel, ensuring a consistent flow of potential customers. Furthermore, its proximity to major attractions and shopping centers enhances its appeal. The property is less than three-quarters of a mile from the 975,000 square foot Brandon Town Center mall, and is conveniently located near entertainment venues such as Topgolf, iFly, and Dave & Buster's, guaranteeing a robust customer base drawn to the area's diverse offerings. The entire 9,000 square feet is currently vacant, providing a blank canvas for a discerning tenant to create a thriving business. This property in Hillsborough County represents a unique investment opportunity in a thriving commercial corridor. The substantial lot size and prime location make this an exceptional opportunity for a restaurant or retail business seeking high visibility and accessibility in a bustling area of Tampa, Florida.

• CAP approach

  CAP return

  Valuation

  6%

  $9,892,148

  6.5%

  $9,131,214

  7%

  $8,478,984

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,001,119

  Geo Method

  $15,001,119

• Alternative Use

  Use

  Valuation

  Residential

  $7,702,520

  Hospitality

  $7,055,468

  Educational

  $5,870,066

  Medical

  $6,071,946

  Retail

  $9,131,214

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9427

Longitude

-82.3345

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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