High-Visibility Neighborhood Commercial
1601 West Sligh Avenue Tampa, FL 33604
1601 West Sligh Avenue, Tampa, FL, 33604
Contact for pricing
For Sale
Contact for pricing
For sale at 1601 W Sligh Ave, this neighborhood-serving commercial site offers convenient access and flexible use options subject to zoning.
Property Size891 SF
Price / SF$426.22
Days on Market31
Property Features for 1601 West Sligh Avenue
General Information
- Standard status
- Active
- Size
- 891 SF
- Property subtype
- Retail, Office
Listing agency
Tomlin Commercial Real Estate Services
Listed by
Lynn Love · License #FL
Source
Crexi
Added: Jun 22 Updated: Jul 20 at 7:30PM Checked: Jul 21 at 9:18AM
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 Tomlin Commercial Real Estate Services
Investment Insights
Based on property information with market context.
Located at 1601 West Sligh Avenue in Tampa, this neighborhood-serving commercial property offers a practical entry point for an owner-user, investor, or entrepreneur. The site is positioned for solid exposure and convenient access, with use flexibility for a range of concepts subject to zoning and buyer due diligence.
The offering is presented as an attainable ownership opportunity in a strong local market, with the ability to support different operational directions depending on approved uses. Buyers should verify zoning and all intended uses through their own diligence, particularly for any business plans that require specific approvals.
Because the property is marketed as flexible and adaptable to different buyers, it can be evaluated as a straightforward commercial acquisition for those looking to secure a functional location without overextending on acquisition cost.
The offering is presented as an attainable ownership opportunity in a strong local market, with the ability to support different operational directions depending on approved uses. Buyers should verify zoning and all intended uses through their own diligence, particularly for any business plans that require specific approvals.
Because the property is marketed as flexible and adaptable to different buyers, it can be evaluated as a straightforward commercial acquisition for those looking to secure a functional location without overextending on acquisition cost.
Key Highlights
- Commercial site for sale at 1601 W Sligh Ave
- Neighborhood‑serving commercial property with convenient access
- High‑visibility Tampa corridor frontage/exposure (buyer to verify)
Local Financial Insights For Office B
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 | $21.4k | $24.00 |
| − Vacancy | −$5.2k | −$5.88 |
| EGI | $16.1k | $18.12 |
| − OpEx | −$4.0k | −$4.53 |
| NOI | $12.1k | $13.59 |
891 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$173.0K
$151.4K – $201.8K
NOI $12,109 @ 7.0% cap · market cap 3.19%
Second Best
Retail
$151.6K
$132.6K – $176.8K
NOI $10,609 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$207.6K
$181.6K – $242.2K
NOI $14,530 @ 7.0% cap · market cap 3.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Optical Etc
Ophthalmologist
Mr. Daniel Seltzer
Physician
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FAQs
What type of property is this?
Storefront property - For sale at 1601 W Sligh Ave, this neighborhood-serving commercial site offers convenient access and flexible use options subject to zoning.
Where is this storefront property located?
The property is located at 1601 West Sligh Avenue Tampa, FL.
What is the asking price?
The asking price for this property is $379,760.
What are key features of this property?
This property features: Commercial site for sale at 1601 W Sligh Ave; Neighborhood‑serving commercial property with convenient access; High‑visibility Tampa corridor frontage/exposure (buyer to verify)
