5620 Waters AveTampa, FL 33634

  • Retail properties
  • 3,520 SF
For Lease

Property Details for 5620 Waters Ave

Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.19 AC
Property size (Sq ft)
3,520 SF
Zone code
M
Property type
Retail properties
Property subtype
Drive through restaurants
APN
U302818ZZZ000000987501
APU
U302818ZZZ000000987501

Description

This exceptional 3,448-square-foot retail property is available for lease at 5620 W Waters Ave in Tampa, Florida. Located in Hillsborough County, this single-tenant space offers a significant opportunity for businesses seeking a high-visibility location. The property sits on a generous 1.19-acre lot, providing ample parking for customers and employees. The entire building of 3,448 square feet is currently vacant, presenting a blank canvas for a new tenant to customize the space to their specific needs. The property's classification is retail commercial, making it suitable for a wide range of businesses. Its convenient location in Tampa, Florida, offers excellent access to major transportation routes and a thriving consumer base. The property's zoning and permitted uses should be verified independently by prospective tenants. This is a rare opportunity to secure a substantial retail space in a desirable Tampa location with ample parking. The address is 5620 W Waters Ave, Tampa, FL 33634. Interested parties are encouraged to act quickly.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,483,122
    6.5%
    $1,369,035
    7%
    $1,271,247
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,620,001
    Geo Method
    $1,620,001
  • Alternative Use

    Use
    Valuation
    Residential
    $1,154,832
    Hospitality
    $1,057,820
    Educational
    $880,094
    Medical
    $910,362
    Retail
    $1,369,035
5620 Waters Ave, Tampa, Florida

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
28.025
Longitude
-82.5392
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
$22,291
$773,724
$576,575
$1,350,299
-
$773,724
$576,575
$1,350,299

FAQs

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