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Property profile & analytics

2111 Busch Blvd Tampa, FL 33612-8669

  • Drug stores
  • 13,296 SF
  • 1.42 lot acres
OFF-MARKET
Last Sale
Aug 25, 2023
$2,200,000
Value Estimations
$2,125,000
Show details
Cap Rate Potential
7.7%
Drug stores
Location Intelligence
Property ID
US18-3114153
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

  • COVID-19 Drive-Thru Testing at Walgreens / Medical Laboratory
  • FedEx OnSite / Mailing Service
  • TD Bank ATM / Atm
  • Walgreens Photo / Passport Photo Processor / Photo Lab
  • Coinhub Bitcoin ATM Teller / Atm

Property Details for 2111 Busch Blvd

Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.42 lot acres
Property size
13,296 SF
Zone code
CG
Property type
Drug stores
APN
A192819457K00000000010
APU
A192819457K00000000010

Description

This exceptional 13,096-square-foot retail property, located at 2111 E Busch Blvd in Tampa, Florida (33612), presents a compelling redevelopment opportunity. Situated on a 61,856-square-foot lot in Hillsborough County, this single-story, 1993-built building boasts a prime location at a signalized intersection on one of Tampa's busiest roads, ensuring high visibility and accessibility. Previously a Walgreens, the property is currently vacant and offers significant potential for various commercial uses, including grocery stores, quick-service restaurants, and storefronts, as reflected in its CG zoning. The asking price is $3,399,000, translating to $255.64 per square foot. The property is classified as Class C and is offered as a fee-simple ownership with an owner/user investment subtype. The building's 13,296 total square feet includes 13,096 net rentable square feet. While renderings have been created illustrating a potential car wash use, the property's versatility allows for a wide range of adaptive reuse scenarios. This is a unique chance to acquire a substantial retail space in a high-traffic area of Tampa, offering significant return potential for the right investor or business.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,045,000
    ML approach
    $1,955,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,640,000
    6.5%
    $2,435,000
    7%
    $2,260,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $2,711,000
    Market price range: $1.57M - $4.41M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Tampa
County
Hillsborough
State
Florida
Longitude
-82.4353
Latitude
28.0321
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
$33,326
$1,005,160
$622,840
$1,628,000
-
$1,005,160
$622,840
$1,628,000
More about this property
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