4802 Gunn HwyTampa, FL 33624

Property Details for 4802 Gunn Hwy

Year built

1987

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

8.77 AC

Property size (Sq ft)

19,466 SF

Zone code

PD

Property type

Strip malls

Property subtype

Neighborhood centers

APN

U172818ZZZ000000899800

APU

U172818ZZZ000000899800

Description

This exceptional 73,266 square foot retail center, situated on a 9.88-acre lot at 4802 Gunn Hwy in Tampa, Florida (zip code 33624), presents a unique investment opportunity. Built in 1987, this single-story building boasts a PD-MU zoning designation and offers multiple tenancy options. The property enjoys a highly visible location on Gunn Highway in the Carrollwood area of Northwest Tampa, benefiting from an estimated 35,000 vehicles per day passing by. This translates to significant foot traffic and exposure for potential tenants. The area is characterized by high residential populations, ensuring a strong customer base. The center already houses a successful mix of established businesses, including a Circle K convenience store, Zone Fitness, Summit Salon Academy, Brewland's Billiards, and GTE Federal Credit Union, creating a synergistic environment. This established tenant mix provides a strong foundation for future growth and stability. The property's size and location make it ideal for a variety of retail uses, offering significant potential for return on investment. Interested parties are encouraged to explore this exceptional opportunity to acquire a thriving retail center in a prime Tampa location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,278,212

  6.5%

  $4,872,196

  7%

  $4,524,182

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,958,790

  Geo Method

  $8,958,790

• Alternative Use

  Use

  Valuation

  Residential

  $4,109,880

  Hospitality

  $3,764,628

  Educational

  $3,132,126

  Medical

  $3,239,845

  Retail

  $4,872,196

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

28.0518

Longitude

-82.5252

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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