Shopping Center with Retail
For Sale
$4,305,000
1727 E Busch Blvd, Tampa, FL 33612
Ground-level commercial center with public parking, retail fixtures, and equipment in an unleased unit.
Property Size16,200 SF
Price / SF$265.74
Days on Market122
Property Features for 1727 E Busch Blvd
General Information
Standard status
Active
Size
16,200 SF
Additional Details
Traffic Count
30,000 vehicles/day
Taxes and HOA fees
Annual Taxes
$44,427
Listing Agency:
DALTON WADE INC
(888) 668-8283
Listed By:
LUNA Jean-Paul
(813) 894-3530
Source:
Exprealty
Added: Jun 21
Changed: Sep 4
Last Checked: Oct 19 at 1:21PM
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 DALTON WADE INC
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 16,200-square-foot shopping center, constructed in 2005, includes ground-level commercial space, public parking, ceramic tile and linoleum flooring, and concrete construction. An unleased unit contains approximately 10 commercial refrigerators, more than 13 dollies, and equipment remaining from a former dollar store operation. The property is zoned CI.
The center is located on E Busch Boulevard in Tampa, less than 1 mile from Busch Gardens and the University of South Florida. A nightlife and food-oriented commercial area is also described nearby. ADDT data reports more than 30,000 vehicles passing the plaza daily, providing a measurable traffic context for the property.
The center is located on E Busch Boulevard in Tampa, less than 1 mile from Busch Gardens and the University of South Florida. A nightlife and food-oriented commercial area is also described nearby. ADDT data reports more than 30,000 vehicles passing the plaza daily, providing a measurable traffic context for the property.
Key Highlights
- 16,200‑square‑foot shopping center built in 2005
- Less than 1 mile from Busch Gardens and the University of South Florida
- ADDT data reports more than 30,000 vehicles passing the plaza daily
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$192,893
Cap Rate
4.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,857,860
$3.9M
Cap Rate 7%
$2,755,614
$2.8M
Cap Rate 9%
$2,143,256
$2.1M
Market Conditions
NOI Build-Up for 16,200 SF
Gross rent
$291.6K $18.00/SF
− Vacancy
−$16.0K −$0.99/SF
EGI
$275.6K $17.01/SF
− OpEx
−$82.7K −$5.10/SF
NOI
$192.9K $11.91/SF
Area
ZIP 33612
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%
$3,857,860
Cap Rate 7%
$2,755,614
Cap Rate 9%
$2,143,256
Alternative Uses
Best Use
Retail
$2.76M
$2.41M – $3.21M
NOI $192,893 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.69M
$3.23M – $4.31M
NOI $258,319 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
30,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
676
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Hotels & Casinos 3%
BP
Shops & Services
11,227 visits/mo
0.3 miles
Dollar General
Shops & Services
4,638 visits/mo
0.5 miles
Family Dollar
Shops & Services
4,006 visits/mo
0.1 miles
Quick Fuel
Shops & Services
3,507 visits/mo
0.3 miles
AutoZone
Shops & Services
3,196 visits/mo
0.1 miles
Demographics for 33612, FL
49,452
Population
21,228
Households
2.3
Avg Household Size
34
Median Age
18%
College-Educated
78%
High-School Grad
9.9 sq mi
ZIP Area
4,995
Density / Sq Mi
$43,919
Median Household Income
$32,724
Median Earnings
$1,259
Median Rent
$249,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Tampa, FL
Frequently Asked Questions
What type of property is this?
Shopping center - Ground-level commercial center with public parking, retail fixtures, and equipment in an unleased unit.
Where is this shopping center located?
The property is located at 1727 E Busch Blvd Tampa, FL.
What is the asking price?
The asking price for this property is $4,305,000.
What are key features of this property?
This property features: 16,200‑square‑foot shopping center built in 2005; Less than 1 mile from Busch Gardens and the University of South Florida; ADDT data reports more than 30,000 vehicles passing the plaza daily
