4408 Nebraska AveTampa, FL 33603

  • Retail properties
  • 5,385 SF
For Sale
$1,250,000 View listing

Property Details for 4408 Nebraska Ave

Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.23 AC
Property size (Sq ft)
5,385 SF
Zone code
SH-CG
Property type
Retail properties
Property subtype
Retail space
APN
A0129184GR000002000020
APU
A0129184GR000002000020

Description

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
4408 Nebraska Ave, Tampa, Florida

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,289
$134,136
$191,972
$326,108
-
$134,136
$191,972
$326,108

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