For Sale
$479,000
3510 N NEBRASKA Avenue, Tampa, FL 33603
Commercial Sale, TAMPA, FL
Property Size2,591 SF
Lot Size0.15 Acres
Price / SF$184.87
Days on Market399
Property Features for 3510 N NEBRASKA Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CI
Subdivision
LA VERGNE SUB
Directions
From I-275 North, take Exit 46B for Martin Luther King Jr. Blvd (US-92). Head east on MLK Jr. Blvd, then turn left onto N Nebraska Ave. Property will be on the right.
Standard status
Active
APN
A-12-29-18-4HU-A00000-00002.0
Size
2,591 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LA VERGNE SUBDIVISION LOT 2 BLOCK A LESS RD R/W
Tax Annual Amount
821
Legal Description
LA VERGNE SUBDIVISION LOT 2 BLOCK A LESS RD R/W
Utilities
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1927
Floors in Building
1
Building materials
Block
Listing Agency:
BHHS FLORIDA PROPERTIES GROUP · Berkshire Hathaway HomeServices
(813) 907-8200
Listed By:
Madlena McAllister · License #3433083
(813) 203-9758
Added: Sep 12, 2025
Changed: Sep 28
Last Checked: Oct 15 at 2:06AM
MLS# TB8427075
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,119
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,380
$562.4K
Cap Rate 7%
$401,700
$401.7K
Cap Rate 9%
$312,433
$312.4K
Market Conditions
NOI Build-Up for 2,591 SF
Gross rent
$55.0K $21.24/SF
− Vacancy
−$3.9K −$1.51/SF
EGI
$51.1K $19.73/SF
− OpEx
−$23.0K −$8.88/SF
NOI
$28.1K $10.85/SF
Area
Tampa, FL
Vacancy
7.10%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,380
Cap Rate 7%
$401,700
Cap Rate 9%
$312,433
Alternative Uses
Best Use
Apartment 5plus
$401.7K
$351.5K – $468.7K
NOI $28,119 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$603.6K
$528.2K – $704.2K
NOI $42,254 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,001
Businesses Nearby
Explore this area
Business Placement
Demographics for 33603, FL
19,070
Population
9,592
Households
2
Avg Household Size
38
Median Age
39%
College-Educated
90%
High-School Grad
4.1 sq mi
ZIP Area
4,651
Density / Sq Mi
$64,632
Median Household Income
$43,136
Median Earnings
$1,320
Median Rent
$344,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
Where is this commercial land located?
The property is located at 3510 N NEBRASKA Avenue Tampa, FL.
What is the asking price?
The asking price for this property is $479,000.
