Renovated Climate-Controlled Retail
For Sale
$950,000
9511 N Nebraska Ave, Tampa, FL 33612
Renovated, fully climate-controlled space with three private offices, conference room, breakroom, and a separate garage/storage area.
Property Size3,312 SF
Price / SF$286.84
Days on Market135
Property Features for 9511 N Nebraska Ave
General Information
Standard status
Active
Size
3,312 SF
Site & Location
Neighborhood
North Tampa Community Neighborhood Association
Highway Access
Yes
Additional Details
Drive-In Doors
1
Building Details
Year Built
1960
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
Karen Wingard
(813) 695-1439
Source:
Chenoregroup
Added: Jun 12
Changed: Oct 14
Last Checked: Oct 7 at 4:02PM
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 REALTY
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 renovated commercial property offers fully climate-controlled interior space designed for flexible retail or office use. The current layout includes three private offices, a conference room, and a renovated breakroom, along with updated restrooms and modern finishes throughout. A separate climate-controlled garage/storage area is accessible via a garage door and features 10-foot ceilings.
Ample parking is available at both the front and rear of the building. The property is located in the Central Business District of Tampa with convenient access to Downtown Tampa and major interstate highways.
The building is offered for sale and may be sold together with 9501 N Nebraska Ave, which is listed separately as part of a two-building offering.
Ample parking is available at both the front and rear of the building. The property is located in the Central Business District of Tampa with convenient access to Downtown Tampa and major interstate highways.
The building is offered for sale and may be sold together with 9501 N Nebraska Ave, which is listed separately as part of a two-building offering.
Key Highlights
- 3,312 SF fully climate‑controlled commercial space with Central Air
- Recently renovated inside and out with updated restrooms and modern finishes
- Interior layout includes three private offices and a conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,436
Cap Rate
4.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$788,720
$788.7K
Cap Rate 7%
$563,371
$563.4K
Cap Rate 9%
$438,178
$438.2K
Market Conditions
NOI Build-Up for 3,312 SF
Gross rent
$59.6K $18.00/SF
− Vacancy
−$3.3K −$0.99/SF
EGI
$56.3K $17.01/SF
− OpEx
−$16.9K −$5.10/SF
NOI
$39.4K $11.91/SF
Area
ZIP 33612
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%
$788,720
Cap Rate 7%
$563,371
Cap Rate 9%
$438,178
Alternative Uses
Best Use
Retail
$563.4K
$493.0K – $657.3K
NOI $39,436 @ 7.0% cap · market cap 4.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$754.5K
$660.2K – $880.2K
NOI $52,812 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,215
Businesses Nearby
28k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 97%
Home Improvements & Furnishings 3%
BP
Shops & Services
11,227 visits/mo
0.3 miles
Citgo
Shops & Services
5,714 visits/mo
0.2 miles
Mobil
Shops & Services
4,157 visits/mo
0.1 miles
Citgo
Shops & Services
3,430 visits/mo
0.3 miles
A-AAAKey Mini Storage
Shops & Services
1,649 visits/mo
0.5 miles
Demographics for 33612, FL
49,452
Population
21,228
Households
2.3
Avg Household Size
34
Median Age
18%
College-Educated
78%
High-School Grad
9.9 sq mi
ZIP Area
4,995
Density / Sq Mi
$43,919
Median Household Income
$32,724
Median Earnings
$1,259
Median Rent
$249,600
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
Frequently Asked Questions
What type of property is this?
Retail space - Renovated, fully climate-controlled space with three private offices, conference room, breakroom, and a separate garage/storage area.
Where is this retail space located?
The property is located at 9511 N Nebraska Ave Tampa, FL.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 3,312 SF fully climate‑controlled commercial space with Central Air; Recently renovated inside and out with updated restrooms and modern finishes; Interior layout includes three private offices and a conference room
