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Hardware Storefront Property
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9513 N Nebraska Ave, Tampa, FL 33612

Two-building retail asset occupied by a True Value franchise hardware store under a long-term lease.

Property Size9,289 SF
Lot Size0.71 Acres
Price / SF$215.31
Days on Market50

Property Features for 9513 N Nebraska Ave

General Information

Standard status Active
Size 9,289 SF
Lot size 0.71 Acres
Property subtype Retail, Industrial

Site & Location

Neighborhood North Tampa Community Neighborhood Association

Building Details

Buildings 2
Listing Agency: Coldwell Banker Commercial NRT Tampa
Listed By: Garrick Sims · License #FL
Source: Crexi
Added: Sep 9 Changed: Oct 25 Last Checked: Oct 28 at 7:30AM

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 Commercial NRT Tampa

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This storefront property comprises two buildings with approximately 9,289 SF of combined building area on a 0.71-acre parcel. The improvements support the current operation of a True Value franchise hardware store and provide a substantial retail footprint for the existing use.

Located at 9513 N Nebraska Ave in Tampa, the property is positioned in North Tampa near the redeveloped University Mall/Uptown area. Its setting places the asset within a commercial and residential growth area, with access and exposure along N Nebraska Ave.

Key Highlights

  • Two buildings totaling approximately 9,289 SF
  • Situated on a 0.71‑acre parcel
  • Occupied by a True Value franchise hardware store

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$110,604
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,212,080 $2.2M
Cap Rate 7%
$1,580,057 $1.6M
Cap Rate 9%
$1,228,933 $1.2M
Market Conditions
NOI Build-Up for 9,289 SF
Gross rent
$167.2K $18.00/SF
− Vacancy
−$9.2K −$0.99/SF
EGI
$158.0K $17.01/SF
− OpEx
−$47.4K −$5.10/SF
NOI
$110.6K $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%
$2,212,080
Cap Rate 7%
$1,580,057
Cap Rate 9%
$1,228,933

Alternative Uses

Best Use
Retail
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,604 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.85M – $2.47M (±1% cap)
NOI $148,119 @ 7.0% cap · market cap 7.41%
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
Open Analytics

Current Use

True Value America Building Supply

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Dental Office Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,215
Businesses Nearby
28k
Monthly Visits Nearby
Under-served
Demand for This Use

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

6.3% 2019
6.3% 2020
5.3% 2021
4.3% 2022
4% 2023
3.8% 2024
4.7% 2025

Similar Off Market Nearby

  • Margarita's Florist — 10401 N Nebraska Ave, Tampa, FL 33612

Frequently Asked Questions

What type of property is this?
Storefront property - Two-building retail asset occupied by a True Value franchise hardware store under a long-term lease.
Where is this storefront property located?
The property is located at 9513 N Nebraska Ave Tampa, FL.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Two buildings totaling approximately 9,289 SF; Situated on a 0.71‑acre parcel; Occupied by a True Value franchise hardware store
(813) 474-8505 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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