8501 Florida AveTampa, FL 33604

Property Details for 8501 Florida Ave

Year built

1961

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.41 AC

Property size (Sq ft)

2,798 SF

Zone code

CI

Property type

Office properties

Property subtype

Office buildings

APN

A2428183EF000007000030

APU

A2428183EF000007000030

Description

This prime Tampa, Florida storefront, located at 8501 N Florida Ave, offers 2,500 square feet of versatile commercial space ideal for retail or dealership businesses. Situated on a 0.41-acre lot in Hillsborough County (zip code 33604), this Class C retail building benefits from exceptional visibility and accessibility along a major thoroughfare boasting 22,500 daily vehicle counts. The property includes 1,750 square feet of air-conditioned retail space and an additional 750 square feet of storage space. A pylon sign is available for enhanced advertising. The building is currently 30% occupied and is offered under a NNN lease structure. The property is zoned CI (Commercial Intensive), providing flexibility for a variety of commercial uses. This location offers easy access to key amenities and high traffic counts, making it a strategic choice for businesses seeking a prominent presence in a thriving Tampa market. The property's size and features make it an attractive investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $564,877

  6.5%

  $521,425

  7%

  $484,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $510,999

  Geo Method

  $510,999

• Alternative Use

  Use

  Valuation

  Residential

  $646,566

  Hospitality

  $592,251

  Educational

  $492,746

  Medical

  $509,692

  Retail

  $766,494

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

28.0276

Longitude

-82.4591

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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