3418 Swann AveTampa, FL 33609

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 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.

• 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

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

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