19430 Bruce B Downs BlvdTampa, FL 33647

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

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.

• 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

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

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