1155 Dale Mabry HwyTampa, FL 33629

Property Details for 1155 Dale Mabry Hwy

Year built

1982

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.75 AC

Property size (Sq ft)

40,843 SF

Zone code

CG

Property type

Retail properties

Property subtype

Strip malls

APN

A2829183QK000015000020

APU

A2829183QK000015000020

Description

Palms Plaza, a Class A retail shopping plaza, presents a unique leasing opportunity in Tampa, Florida. Built in 2020, this single-building property boasts a prime location at 1155 S Dale Mabry Hwy, 33629, within Hillsborough County. The plaza offers multiple tenancy options, with 1,800 square feet currently vacant, suitable for a variety of retail businesses. Space sizes range from 100 to 1,800 square feet. This recently refurbished center enjoys exceptional visibility and high traffic counts, situated at the nexus of South Tampa along the prominent Dale Mabry Highway. The property benefits from significant frontage on Dale Mabry, Henderson, and Watrous avenues, experiencing a combined daily traffic count exceeding 58,000 vehicles. A key advantage is its adjacency to a top-performing Publix supermarket, ensuring high foot traffic and a strong customer base for neighboring businesses. This is an exceptional opportunity to establish a retail presence in a thriving South Tampa location.

• CAP approach

  CAP return

  Valuation

  6%

  $23,386,474

  6.5%

  $21,587,514

  7%

  $20,045,548

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,797,076

  Geo Method

  $18,797,076

• Alternative Use

  Use

  Valuation

  Residential

  $18,209,876

  Hospitality

  $16,680,148

  Educational

  $13,877,687

  Medical

  $14,354,962

  Retail

  $21,587,514

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9325

Longitude

-82.5066

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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