This freestanding commercial building, located at 4408 & 4412 N Nebraska Ave in Tampa, Florida, offers 5,385 square feet of versatile space on a 20,010 square foot lot (.45 acre). Currently configured as a retail space, the block-constructed building features central heating and cooling, a welcoming front entry, and a customizable interior layout suitable for various uses, including offices or showrooms. The property benefits from excellent visibility and signage along N. Nebraska Avenue, a high-traffic corridor with approximately 14,500 vehicles passing daily. Its location in the heart of Seminole Heights provides convenient access to Downtown Tampa (approximately 12 minutes away), Tampa International Airport (approximately 15 minutes away), Interstate 275, and the Veterans Expressway. The rear of the property is fully fenced. The property is zoned SH-CG (General Commercial) and presents a rare opportunity for owner-user occupancy or tenant lease in a thriving residential and business district with a surrounding population of 304,912 within a 5-mile radius. The asking price is $1,250,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,605,128
6.5%
$1,481,656
7%
$1,375,824
Comparable approach
Method
Valuation
Relative Method
$2,478,326
Geo Method
$2,478,326
Alternative Use
Use
Valuation
Residential
$1,249,833
Hospitality
$1,144,840
Educational
$952,493
Medical
$985,251
Retail
$1,481,656
Location Insight
City
Tampa
County
Hillsborough
State
Florida
Latitude
27.9855
Longitude
-82.4515
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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