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    North Tampa Commercial Building Title is generated by Realmo AI

    8202 N ARMENIA Ave, Tampa, FL 33604

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    Claim this Listing
    For Sale
    $1,550,000

    7,324 SF commercial building with three units and garage.

    Type:Commercial
    Property size:
    7,324 SF
    Price / SF:
    $211/SF
    Added:
    Apr 24, 2026
    Days on Market:
    52
    Last Refresh:
    Apr 24 at 3:29 pm

    Property Features for 8202 N ARMENIA Ave

    General Information

    Standard status
    Active
    Size
    7,324 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1978

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    Listing Contact
    Ken Jones

    Listing agent Ken Jones License #3342591

    Listing office eXp Realty LLC

    Listing date Apr 24, 2026

    Source Elliman

    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 eXp Realty LLC

    HighLights

    • 7,324 SF Commercial Building with 3 Units
    • Zoned CG (Commercial General) for Wide Range of Uses
    • High‑Visibility Location on N Armenia Ave
    • Large Detached Garage for Storage/Workshop
    • Ample On‑Site Parking and Multiple Entrances
    • Easy Access to I‑275 and Major Tampa Neighborhoods

    Overview

    This commercial property in North Tampa features 7,324 square feet of heated space, divided into three separate units. Zoned CG (Commercial General), the site supports a wide range of commercial uses including retail, office, medical, showroom, and service-based businesses. Interested parties should verify permitted uses. The building offers strong street exposure, multiple entrances, and ample on-site parking. A large detached garage provides additional storage, workshop, or fleet/operations capability. The property is located along a busy commercial corridor with steady drive-by traffic and easy access to major Tampa neighborhoods, I-275, and nearby retail and dining. The location has a bike score of 55, indicating it is bikeable, a walk score of 71, indicating it is very walkable, and a transit score of 43, indicating some transit options are available.

    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 $175.8k $24.00
    − Vacancy −$43.1k −$5.88
    EGI $132.7k $18.12
    − OpEx −$33.2k −$4.53
    NOI $99.5k $13.59
    7,324 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.42M
    $1.24M – $1.66M (±1% cap)
    NOI $99,533 @ 7.0% cap · market cap 6.42%
    Second Best
    Industrial
    $1.27M
    $1.11M – $1.48M (±1% cap)
    NOI $88,951 @ 7.0% cap · market cap 5.74%
    Theoretical Best
    Office A
    $1.71M
    $1.49M – $1.99M (±1% cap)
    NOI $119,440 @ 7.0% cap · market cap 7.71%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Tan Phat Oriental ... (Bike/Boat/Book/etc) Store Beryl Home Inspection Home Inspector Beryl Baby Proofing (Bike/Boat/Book/etc) Store Beryl Engineering & Inspection Home Inspector W.E. International Marble ... General Contractor

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4847533
    Latitude
    28.02361

    FAQs

    What type of property is this?
    Retail property - 7,324 SF commercial building with three units and garage.
    Where is this retail property located?
    The property is located at 8202 N ARMENIA Ave Tampa, FL.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: 7,324 SF Commercial Building with 3 Units; Zoned CG (Commercial General) for Wide Range of Uses; High‑Visibility Location on N Armenia Ave
    More about this property
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