7728 Hillsborough AveTampa, FL 33610

Property Details for 7728 Hillsborough Ave

Year built

1968

Construction

STEEL FRAME

Lot size

0.61 AC

Property size (Sq ft)

5,300 SF

Zone code

CG

Property type

Auto shops

APN

U3528191MA000006000170

APU

U3528191MA000006000170

Description

This 5,200 square foot warehouse, situated on a 0.94-acre lot in Tampa, Florida, presents a compelling redevelopment opportunity. Located at 7728 E Hillsborough Ave, this property boasts 225 feet of high-traffic frontage on a prime intersection near I-4, with 24,000 vehicles passing daily. Its proximity to the Seminole Hard Rock Hotel & Casino adds significant value. Built in 1968, the metal warehouse sits on land zoned CG/CN and offers a paved and fenced yard. Currently leased month-to-month below market rate, this presents immediate occupancy or increased rental income potential. The asking price is $850,000, translating to $163.46 per square foot and $904,255 per acre. APN: U-35-28-19-1MA-000006-00017.0, U-35-28-19-1MA-000006-00021.0, U-35-28-19-1MA-000006-00022.0. Note: Cell tower and billboard rights are not included. This property is ideal for owner-occupants seeking a strategic location in the Greater Tampa Bay Area or investors looking for a high-visibility redevelopment project. Seller financing may be available.

• CAP approach

  CAP return

  Valuation

  6%

  $1,608,479

  6.5%

  $1,484,750

  7%

  $1,378,697

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,439,206

  Geo Method

  $2,439,206

• Alternative Use

  Use

  Valuation

  Residential

  $1,252,442

  Hospitality

  $1,147,230

  Educational

  $954,482

  Medical

  $987,308

  Retail

  $1,484,750

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9967

Longitude

-82.3695

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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