Free Standing Building on
1901 W SLIGH AVENUE Tampa, FL 33604
1901 W SLIGH AVENUE, Tampa, FL, 33604
$500,000
For Sale
$500,000
Corner lot building in Tampa, ideal for various businesses.
Property Size1,176 SF
Price / SF$425.17
Days on Market456
Property Features for 1901 W SLIGH AVENUE
General Information
- Standard status
- Active
- Size
- 1,176 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1934
Listing Agency
FLORIDA REAL ESTATE PARTNERS
(727) 409-4663
Listed by
Randal Jenkins · License #3197775
(727) 409-4663
Source
Exitrealty
Added: Apr 18, 2025 Checked: Jul 17 at 4:58 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FLORIDA REAL ESTATE PARTNERS
Investment Insights
Based on property information with market context.
This free-standing building is situated on a corner lot in a busy area of Tampa. The property is currently tenant-occupied and offers an excellent location for a small business requiring parking for company vehicles and frontage on a busy road. Potential uses include pest control, landscaping, lawn maintenance, office space, salon, retail, medical, attorney, CPA, or construction companies. The property also presents opportunities for rental income, with ample parking or areas for storage and vehicles. The location is approximately 3 minutes from I-275 and 5 minutes from N Dale Mabry. A new AC unit was installed in 2023, and the property has been recently painted. The property size is 1176 square feet. The current tenant is occupying the property until January 30, 2027.
Key Highlights
- Excellent location on a corner lot in a busy Tampa area with frontage on a busy road.
- Tons of parking or areas for storage and vehicles.
- Versatile building suitable for various businesses (pest control, landscaping, office, retail, medical, etc.) or rental income.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.2k | $18.00 |
| − Vacancy | −$1.2k | −$0.99 |
| EGI | $20.0k | $17.01 |
| − OpEx | −$6.0k | −$5.10 |
| NOI | $14.0k | $11.91 |
1,176 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$200.0K
$175.0K – $233.4K
NOI $14,003 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$274.0K
$239.7K – $319.6K
NOI $19,178 @ 7.0% cap · market cap 3.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The hip hop hotels
Hotel & Motel
Groovy Garden
Bar & Pub
Similar For Sale Nearby
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- Send Flowers Tampa — 6424 N Florida Ave, Tampa, FL 33604
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FAQs
What type of property is this?
Storefront property - Corner lot building in Tampa, ideal for various businesses.
Where is this storefront property located?
The property is located at 1901 W SLIGH AVENUE Tampa, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Excellent location on a corner lot in a busy Tampa area with frontage on a busy road.; Tons of parking or areas for storage and vehicles.; Versatile building suitable for various businesses (pest control, landscaping, office, retail, medical, etc.) or rental income.
