Office Building with Roadside
For Sale
$660,000
901 W HILLSBOROUGH AVE, Tampa, FL 33603
The layout includes private offices, administrative space, storage, a break room and two restrooms.
Property Size2,046 SF
Lot Size0.32 Acres
Price / SF$322.58
Days on Market63
Property Features for 901 W HILLSBOROUGH AVE
General Information
Standard status
Active
Size
2,046 SF
Total Parking Spaces
10
Lot size
0.32 Acres
Property subtype
Business
Zoning
CG - General Commercial
Site & Location
Neighborhood
Riverbend Civic Association
Road Access
Yes
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$7,542
Building Details
Building Size
2,046 SF
Year Built
1969
Buildings
1
Listing Agency:
Coldwell Banker
Listed By:
Coldwell Banker AquaTerra Realty
(813) 780-7500
Source:
Cbaquaterrarealty
Added: Aug 27
Changed: Oct 26
Last Checked: Oct 26 at 3:15PM
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 Coldwell Banker
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Investment Insights
Based on property information with market context.
This 2,046-square-foot office building on a 0.32-acre parcel is arranged with a reception and waiting area, multiple private offices, administrative space, file and storage areas, a break room, and two restrooms. The property dates to 1969 and has CG – General Commercial zoning. Recent work includes a perimeter fence and fresh paint inside and out. Ten on-site parking spaces serve the building, and an existing roadside sign faces W Hillsborough Avenue.
Located at 901 W Hillsborough Ave in Tampa, the property fronts W Hillsborough Avenue. The existing sign is a physical feature of the site; its permitted status and any applicable restrictions require independent verification with the City of Tampa.
Located at 901 W Hillsborough Ave in Tampa, the property fronts W Hillsborough Avenue. The existing sign is a physical feature of the site; its permitted status and any applicable restrictions require independent verification with the City of Tampa.
Key Highlights
- 2,046‑square‑foot office building on 0.32 acres
- CG – General Commercial zoning
- Reception area, multiple private offices, administrative area, file/storage space and break room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,805
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,100
$556.1K
Cap Rate 7%
$397,214
$397.2K
Cap Rate 9%
$308,944
$308.9K
Market Conditions
NOI Build-Up for 2,046 SF
Gross rent
$49.1K $24.00/SF
− Vacancy
−$12.0K −$5.88/SF
EGI
$37.1K $18.12/SF
− OpEx
−$9.3K −$4.53/SF
NOI
$27.8K $13.59/SF
Area
Tampa, FL
Vacancy
24.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,100
Cap Rate 7%
$397,214
Cap Rate 9%
$308,944
Alternative Uses
Best Use
Office B
$397.2K
$347.6K – $463.4K
NOI $27,805 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$476.7K
$417.1K – $556.1K
NOI $33,366 @ 7.0% cap · market cap 5.06%
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
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
575
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Tampa, FL
Frequently Asked Questions
What type of property is this?
Office building - The layout includes private offices, administrative space, storage, a break room and two restrooms.
Where is this office building located?
The property is located at 901 W HILLSBOROUGH AVE Tampa, FL.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: 2,046‑square‑foot office building on 0.32 acres; CG – General Commercial zoning; Reception area, multiple private offices, administrative area, file/storage space and break room
