19430 Bruce B Downs BlvdTampa, FL 33647

  • Retail properties
  • 3,449 SF
For Lease
$41/SF/YR View listing

Property Details for 19430 Bruce B Downs Blvd

Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.90 AC
Property size (Sq ft)
3,449 SF
Zone code
PD-A
Property type
Retail properties
Property subtype
Drive through restaurants
APN
A1227195SE000000000020
APU
A1227195SE000000000020

Description

This exceptional 3,449-square-foot commercial property, located in a rapidly expanding northeast Tampa area, presents a unique opportunity for a variety of retail or restaurant businesses. The single-tenant building, constructed in 2001 and renovated in 2010, sits on a 0.9-acre lot and boasts a Class B rating. The property features ample parking with 40+ spaces, ensuring convenient access for customers. The interior space is currently vacant, offering a blank canvas for a new tenant to customize to their specific needs. The zoning designation is PD-A. The property's previous use as a Wendy's restaurant speaks to its suitability for food service establishments, but its versatile design makes it adaptable to a range of retail concepts. With a total building size of 3,449 square feet, the space is ideal for businesses seeking a prominent location in a high-growth area. The property tax cost is $6 per square foot. The property's location in one of Florida's fastest-growing areas, coupled with its excellent demographics, promises significant potential for success. The building consists of one story and features a single building on the lot. The Assessor's Parcel Number (APN) is A1227195SE000000000020. This is a rare opportunity to establish a business in a thriving market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,023,567
    6.5%
    $944,831
    7%
    $877,343
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,587,325
    Geo Method
    $1,587,325
  • Alternative Use

    Use
    Valuation
    Residential
    $797,001
    Hospitality
    $730,048
    Educational
    $607,392
    Medical
    $628,281
    Retail
    $944,831
19430 Bruce B Downs Blvd, Tampa, Florida

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
28.1507
Longitude
-82.354
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,826
$530,170
$821,262
$1,351,432
-
$530,170
$821,262
$1,351,432

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