7102 Armenia AveTampa, FL 33604

Property Details for 7102 Armenia Ave

Year built

1956

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.21 AC

Property size (Sq ft)

1,832 SF

Zone code

CG

Property type

Medical offices

Property subtype

Medical centers

APN

A2728183G8E00000000140

APU

A2728183G8E00000000140

Description

This exceptional Tampa commercial property, located at 7102 N Armenia Ave, offers 1,832 square feet of mixed-use space on a 0.2-acre lot. Built in 1956 and renovated in 2023-2024, this free-and-clear, single-story building features solid concrete block construction, central HVAC, and 7 parking spaces. The property boasts 1,800 square feet of air rights and is zoned for commercial use, permitting a wide range of businesses including medical, professional, office, retail, athletic, event, and educational uses. Its prime location in Tampa, near major roadways (I-275, Veterans Expressway) and hospitals (AdventHealth Carrollwood, St. Joseph's), ensures high visibility and accessibility. Previously used as a veterinary hospital and daycare, this versatile space is ideal for restaurants, daycares, beauty salons, or office spaces. The asking price is $895,000, translating to $488.54 per square foot. This owner-user investment opportunity presents a strong return on investment in a thriving Tampa neighborhood with high residential and commercial density. The property's proximity to Tampa International Airport (17 minutes) further enhances its appeal. This is a rare chance to acquire a well-maintained, versatile commercial building in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $419,169

  6.5%

  $386,925

  7%

  $359,288

• Comparable approach

  Method

  Valuation

  Relative Method

  $334,578

  Geo Method

  $334,578

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $771,677

  Retail / Commercial

  $393,772

  Mixed-Use / Specialty

  $390,839

  Hospitality / Lodging

  $284,756

  Institutional / Educational

  $405,769

  Residential Income

  $474,750

  Multifamily

  $577,865

  Automotive / Energy

  $347,802

  Parking / Income-Based Land

  $121,533

  Restaurant / Food Service

  $200,016

  Healthcare / Senior Housing

  $402,366

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

28.0127

Longitude

-82.4851

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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