3418 Swann AveTampa, FL 33609

  • Retail properties
  • 5,014 SF
For Lease
$36/SF/YR View listing

Property Details for 3418 Swann Ave

Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.19 AC
Property size (Sq ft)
5,014 SF
Zone code
CG
Property type
Retail properties
Property subtype
Retail space
APN
A2729183Q2000002000090
APU
A2729183Q2000002000090

Description

This exceptional 3,648-square-foot freestanding retail/office building enjoys a prime location in South Tampa, situated on a large 8,448-square-foot lot at the highly visible intersection of Swann Avenue, Himes Avenue, and Henderson Boulevard. Currently, one 1,650-square-foot space is available, but the owner is open to various configurations to suit tenant needs and lease terms. Benefit from prominent pylon signage visible from all three intersecting streets, ensuring maximum exposure. The building has recently undergone exterior painting and offers ample parking with 11 dedicated spaces plus 3 adjacent street spaces, exceeding the 4 per 1,000 square feet requirement. The owner may consider subdividing the space and potentially contributing to tenant improvements for qualified tenants. Suite 200, measuring 1,650 square feet, has an estimated monthly rent of $5,913, comprising a $36 per square foot base rent, a $7.00 common area maintenance (CAM) charge, and applicable sales tax. The property's strategic location, south of Kennedy Boulevard and I-275, provides easy access to surrounding areas, making it an ideal location for businesses seeking high visibility and convenient access. The property is zoned CG.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,112,606
    6.5%
    $1,950,098
    7%
    $1,810,805
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,307,581
    Geo Method
    $2,307,581
  • Alternative Use

    Use
    Valuation
    Residential
    $1,644,980
    Hospitality
    $1,506,793
    Educational
    $1,253,634
    Medical
    $1,296,748
    Retail
    $1,950,098
3418 Swann Ave, Tampa, Florida

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
27.9372
Longitude
-82.5014
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
$13,925
$506,880
$358,813
$865,693
-
$506,880
$358,813
$865,693

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