4625 Nebraska AveTampa, FL 33603

Property Details for 4625 Nebraska Ave

Year built

1955

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.19 AC

Property size (Sq ft)

3,079 SF

Zone code

SH-CG

Property type

Strip malls

Property subtype

Neighborhood centers

APN

A0629194L4000000000010

APU

A0629194L4000000000010

Description

This freestanding retail property, located at 4625 N Nebraska Ave in Tampa, Florida, offers 2,400 square feet of space on an 8,250 square foot lot. Built in 1955, this single-tenant property is situated in the thriving Seminole Heights neighborhood, known for its eclectic mix of businesses, restaurants, and residential charm. Seminole Heights is experiencing significant revitalization, attracting young professionals and families, creating a strong market for businesses. The area boasts easy access to downtown Tampa and major highways, enhancing its appeal and accessibility. Nearby attractions include the Hillsborough River, offering recreational opportunities, and a diverse culinary scene ranging from craft breweries to farm-to-table restaurants. The property benefits from the ongoing growth and development within Tampa, including the Water Street Tampa project and improvements to the Riverwalk. This location provides ample opportunities for community engagement, with nearby parks, art galleries, vintage shops, and regular community events contributing to high year-round foot traffic. This represents an affordable entry point into one of Tampa's most dynamic neighborhoods, ideal for small business owners and start-up companies seeking a vibrant and established location. The property's size and location make it a highly sought-after opportunity in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $913,762

  6.5%

  $843,472

  7%

  $783,224

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,417,041

  Geo Method

  $1,417,041

• Alternative Use

  Use

  Valuation

  Residential

  $711,500

  Hospitality

  $651,731

  Educational

  $542,232

  Medical

  $560,880

  Retail

  $843,472

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9877

Longitude

-82.4509

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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