921 Central AveTampa, FL 33602
- Residential income properties
- 267,734 SF
Property Details for 921 Central Ave
- Year built
- 2022
- Construction
- WOOD
- Lot size
- 2.17 AC
- Property size (Sq ft)
- 267,734 SF
- Zone code
- PD
- Property type
- Residential income properties
- Property subtype
- High-rise multifamily apartments
- APN
- A1329189ZN000000000090
- APU
- A1329189ZN000000000090
Description
Navara offers a premier retail opportunity in vibrant Downtown Tampa. This single-tenant space, located on the ground floor of a dynamic mixed-use development, boasts 1,250 to 2,530 square feet of versatile retail space. Built in 2021, the five-story building offers excellent visibility and ample street parking, ensuring high foot traffic. The property's strategic location provides easy access to major roadways, including I-4 and I-275, enhancing accessibility for customers and employees. Situated adjacent to the renowned Perry Harvey Sr. Park, this location benefits from the park's recreational draw and community engagement. The building itself is part of a larger development, including 288 multi-family residential units, creating a built-in customer base and a thriving community atmosphere. The total building size is an impressive 237,400 square feet, reflecting the scale and potential of this exceptional retail opportunity. The address is conveniently located at the intersection of Central Avenue and Harrison Street in Hillsborough County. This space presents a unique chance to establish a thriving business within a bustling and well-connected urban environment. The modern construction and prime location combine to offer an unparalleled retail experience.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $125,302,088
- 6.5%
- $115,663,464
- 7%
- $107,401,792
-
Comparable approach
- Method
- Valuation
- Relative Method
- $75,789,200
- Geo Method
- $75,789,200
-
Alternative Use
- Use
- Valuation
- Residential
- $115,663,464
- Hospitality
- $105,947,112
- Educational
- $88,146,752
- Medical
- $91,178,256
- Retail
- $137,117,168
Location Insight
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Latitude
- 27.9537
- Longitude
- -82.4544
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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