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Property profile & analytics

2802 Bearss Ave Tampa, FL 33613-2653

  • Strip malls
  • 13,773 SF
  • 2.93 lot acres
OFF-MARKET
Value Estimation
$8,725,000
Last Sale
Jan 10, 2022
$8,515,000
Location Intelligence
Property ID
US18-4616486
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Strip malls

Property Details for 2802 Bearss Ave

Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.93 lot acres
Property size
13,773 SF
Zone code
PD
Property type
Strip malls
Property subtype
Neighborhood centers
APN
U052819ZZZ000001259900
APU
U052819ZZZ000001259900

Description

Palms Connection, a single-story, 32,147 square foot retail center in Tampa, Florida's Northeast submarket, presents a compelling investment opportunity. Located at 2802 E Bearss Ave, Lutz, FL 33559, near the intersection of N 30th St SE, this Class B property boasts 300 parking spaces and sits on a 3.48-acre lot (151,589 sq ft). Built in 1990, the building features a 0.2 FAR and is zoned R1, County. The property's prime location offers exceptional visibility and accessibility, situated minutes from the University of South Florida and within two miles of three major medical facilities: AdventHealth Hospital Tampa, Moffitt Research Center, and James A. Haley Veterans Hospital. This high-traffic area ensures consistent customer flow, making it ideal for a variety of retail businesses. The property's single building comprises multiple suites, with a maximum contiguous space of 32,147 square feet. Property taxes are $2.14 per square foot. The APN is U-05-28-19-ZZZ-000001-25990.0, U-05-28-19-ZZZ-000001-26000.0. This is a rare opportunity to acquire a well-located retail center in a thriving Tampa submarket. No elevators are present.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $8,700,000
  • CAP approach

    CAP return
    Estimation
    6%
    $7,935,000
    6.5%
    $9,040,000
    7%
    $8,195,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $9,880,000
    Geo Method
    $8,675,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $8,625,000
    Retail
    $9,080,000
    Mixed-Use
    $7,660,000
    Hospitality
    $8,800,000
    Educational
    $8,050,000
    Residential Income
    $8,090,000
    Energy
    $8,175,000
    Income-Based Land
    $9,525,000
    Food Service
    $7,165,000

Location Insight

  • Map
  • Local Demand
City
Tampa
County
Hillsborough
State
Florida
Longitude
-82.4275
Latitude
28.081
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$70,164
$1,258,664
$2,647,636
$3,906,300
-
$1,258,664
$2,647,636
$3,906,300
More about this property
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