Second-Floor Retail
New
For Sale
Contact for pricing
1412 W WATERS AVENUE #204, Tampa, FL 33604
The 1,100-square-foot space includes a bathroom and is described as suitable for office or retail use.
Property Size37,100 SF
Price / SF$0.55
Days on Market5
Property Features for 1412 W WATERS AVENUE #204
General Information
Standard status
Active
Size
37,100 SF
Property subtype
Retail
Site & Location
Neighborhood
Lowry Park Central Civic Association, Inc.
Highway Access
Yes
Building Details
Year Built
2005
Listing Agency:
LPT REALTY LLC
(877) 366-2213
Listed By:
Jessica Jimenez · License #3162464
(813) 590-1427
Source:
Dennisrealty
Added: Oct 20
Changed: Oct 23
Last Checked: Oct 23 at 7:08AM
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 LPT REALTY LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This second-floor suite at 1412 W Waters Avenue includes 1,100 square feet and one bathroom. The space is identified for office or retail use.
The property is on Waters Avenue, with access to I-275 and Dale Mabry Highway.
The property is on Waters Avenue, with access to I-275 and Dale Mabry Highway.
Key Highlights
- 1,100‑square‑foot second‑floor suite
- One bathroom
- Office or retail use identified
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$441,750
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,835,000
$8.8M
Cap Rate 7%
$6,310,714
$6.3M
Cap Rate 9%
$4,908,333
$4.9M
Market Conditions
NOI Build-Up for 37,100 SF
Gross rent
$667.8K $18.00/SF
− Vacancy
−$36.7K −$0.99/SF
EGI
$631.1K $17.01/SF
− OpEx
−$189.3K −$5.10/SF
NOI
$441.7K $11.91/SF
Area
Tampa, FL
Vacancy
5.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,835,000
Cap Rate 7%
$6,310,714
Cap Rate 9%
$4,908,333
Alternative Uses
Best Use
Retail
$6.31M
$5.52M – $7.36M
NOI $441,750 @ 7.0% cap · market cap 2,165.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.64M
$7.56M – $10.08M
NOI $605,027 @ 7.0% cap · market cap 2,965.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,154
Businesses Nearby
19k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
9,350 visits/mo
0.3 miles
AutoZone
Shops & Services
4,902 visits/mo
0.2 miles
Citgo
Shops & Services
2,883 visits/mo
0.4 miles
Sunoco
Shops & Services
1,388 visits/mo
0.1 miles
Demographics for 33604, FL
39,071
Population
17,053
Households
2.3
Avg Household Size
38
Median Age
26%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
5,209
Density / Sq Mi
$55,988
Median Household Income
$39,537
Median Earnings
$1,326
Median Rent
$264,900
Median Home Value
Market
Vacancy Rate% for Retail in Tampa, FL
Frequently Asked Questions
What type of property is this?
Retail space - The 1,100-square-foot space includes a bathroom and is described as suitable for office or retail use.
Where is this retail space located?
The property is located at 1412 W WATERS AVENUE #204 Tampa, FL.
What are key features of this property?
This property features: 1,100‑square‑foot second‑floor suite; One bathroom; Office or retail use identified
