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Retail/Office Showroom on Nebraska Avenue

4408 & 4412 N NEBRASKA Ave, Tampa, FL 33603

For Sale
$1,150,000

Retail/office showroom with parking on busy Nebraska Avenue.

Property Size3,816 SF
Lot Size0.23 Acres
Price / SF$213.56
Days on Market248

Property Features for 4408 & 4412 N NEBRASKA Ave

General Information

Standard status Active
Size 3,816 SF
Lot size 0.23 Acres
Property subtype Commercial

Site & Location

Neighborhood Southeast Seminole Heights Civic Association, Inc.

Taxes and HOA fees

Annual Taxes $5,288

Building Details

Building Size 3,816 SF
Year Built 1925
Stories 1
Listing Agency: FLORIDA COMMERCIAL GROUP
Listed By: Chae Maugel · License FL #3078433
Source: Elliman
Added: Mar 10 Changed: Aug 28 Last Checked: Aug 14 at 6:03AM

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 COMMERCIAL GROUP

Rey
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 retail building, situated in a desirable location on Nebraska Avenue, offers 5385 square feet of space with a large parking lot. The property consists of two folio numbers, encompassing a total of 0.45 acres. The front road, Nebraska Avenue, experiences high traffic volume throughout the day. The property is suitable for retail or office showroom use. The layout features a large open showroom area, complemented by two offices, a kitchen, and a restroom. The building includes numerous windows and a fully fenced rear yard. The roof was painted in 2023. Zoned CG (General Commercial), the lot measures 20,010 square feet and features 145 feet of frontage on Nebraska Avenue, providing excellent visibility. The property includes approximately 14 to 16 surface parking spaces, with the potential to accommodate up to 20 vehicles by utilizing the grassed area under the tree. This property presents an opportunity for business growth, suitable for investment or expansion.

Key Highlights

  • High‑traffic location on Nebraska Avenue with excellent visibility.
  • Large parking lot with approximately 14‑20 spaces.
  • Zoned CG (General Commercial) allowing for Retail or Office showroom use.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,119
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,282,380 $1.3M
Cap Rate 7%
$915,986 $916.0K
Cap Rate 9%
$712,433 $712.4K
Market Conditions
NOI Build-Up for 5,385 SF
Gross rent
$96.9K $18.00/SF
− Vacancy
−$5.3K −$0.99/SF
EGI
$91.6K $17.01/SF
− OpEx
−$27.5K −$5.10/SF
NOI
$64.1K $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%
$1,282,380
Cap Rate 7%
$915,986
Cap Rate 9%
$712,433

Alternative Uses

Best Use
Retail
$916.0K
$801.5K – $1.07M (±1% cap)
NOI $64,119 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M (±1% cap)
NOI $87,819 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

CNC Beauty Supply (Bike/Boat/Book/etc) Store AAA Fence Master ... General Contractor

Suggested Use

Top Pick Dental Office Accounting Firm Electrical Service Law Firm Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,028
Businesses Nearby
89k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 49% Dining 26% Groceries 24% Electronics 1%
McDonald's Dining
23,106 visits/mo 0.3 miles
Winn-Dixie Groceries
21,462 visits/mo 0.3 miles
7-Eleven Shops & Services
19,402 visits/mo 0.2 miles
Chevron Shops & Services
7,641 visits/mo 0.3 miles
BP Shops & Services
7,014 visits/mo 0.3 miles

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Tampa, FL

6.3% 2019
6.3% 2020
5.3% 2021
4.3% 2022
4% 2023
3.8% 2024
4.7% 2025

Similar Off Market Nearby

  • Rosas Flooring Corporation — 3404 N 12th St, Tampa, FL 33605

Frequently Asked Questions

What type of property is this?
Showroom - Retail/office showroom with parking on busy Nebraska Avenue.
Where is this showroom located?
The property is located at 4408 & 4412 N NEBRASKA Ave Tampa, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: High‑traffic location on Nebraska Avenue with excellent visibility.; Large parking lot with approximately 14‑20 spaces.; Zoned CG (General Commercial) allowing for Retail or Office showroom use.
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Includes: Price & PSF · Cap rate · Location · Zoning

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