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    1797 W Hillsborough Ave Tampa, FL 33603

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    For Sale
    $3,818,182

    New construction retail property with long-term lease in Tampa.

    Property size:
    2,503 SF
    Lot size:
    0.83 Acres

    Property Features for 1797 W Hillsborough Ave

    General Information

    Size
    2,503 SF
    Lot size
    0.83 Acres

    Source: RIPCO Real Estate | Tampa Agent Ari Ravi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Retail Property For Sale

    This is a new construction retail property completed in 2024. The property is subject to a brand-new, NN+ lease with a 10-year term, along with six 5-year options to extend. The tenant is responsible for paying taxes, insurance, and maintaining all aspects of the premises, including grease traps, plumbing, HVAC, trash, and parking lot maintenance. The landlord is responsible for the roof, structure, parking lot paving, and utility systems. The property contains 2503 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Nationwide Interlock Safety Equipment Supplier Performance Autoworks Inc. Used Car Dealer Starbucks Coffee Shop Nationwide Ignition Interlock Safety Equipment Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Pi's W Ishin, Jessica’s Florería, Cristal Flowers

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.479967
    Latitude
    27.9962819

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    FAQs

    What type of property is this?
    Storefront property - New construction retail property with long-term lease in Tampa.
    Where is this storefront property located?
    The property is located at 1797 W Hillsborough Ave Tampa, FL.
    What is the asking price?
    The asking price for this property is $3,818,182.
    What are key features of this property?
    This property features: - Brand-new NN+ 10-year lease with six (6) 5-year options, demonstrating long-term commitment to the site.; - Tenant handles most property expenses: taxes, insurance, maintenance (grease traps, plumbing, HVAC, trash, parking lot).; - New construction (2024) reduces potential capital expenditures for the landlord.
    (813) 921-5640
    Request Owner's contact information
    1797 W Hillsborough Ave Tampa, FL 33603
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    Tampa, FL 33603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1797 W Hillsborough Ave Tampa, FL 33603
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