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    3202 Kennedy Blvd Tampa, FL 33609

    Sponsored
    For Sale
    $5,250,000

    Prime corner lot, 6,900 SF, multi-tenant.

    Property size:
    6,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional redevelopment opportunity presents a prime 27,250 square foot corner lot in South Tampa, Florida. Located at the hard corner of West Kennedy Boulevard and Henderson Boulevard, this property boasts high visibility and excellent access. The site currently features 6,900 square feet of retail space divided among three units across two buildings (3202 W. Kennedy Blvd and 3215 Henderson Blvd), currently operating at 100% occupancy. The existing tenants are under a triple net (NNN) lease structure, allowing for flexibility upon sale. The property is zoned CG, offering significant potential for redevelopment. This is one of the last remaining redevelopment opportunities in this highly desirable South Tampa location, presenting a unique chance to capitalize on the area's strong growth and demand. The address is 3202 W Kennedy Blvd, Tampa, FL 33609, within Hillsborough County. The property offers access points to Kennedy, Henderson, and Bradford Boulevards. This Class C retail investment presents a compelling opportunity for significant return.

    Property Features for 3202 Kennedy Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,900 SF
    Class
    C

    Building Details

    Units
    3

    HighLights

    • Prime 27,250 SF corner lot in South Tampa, at the hard corner of W. Kennedy Blvd and Henderson Blvd.
    • 6,900 SF of retail space in three units across two buildings (3202 W. Kennedy Blvd & 3215 Henderson Blvd), 100% occupied with NNN leases.
    • CG zoning allows for significant redevelopment potential.
    • Exceptional redevelopment opportunity in a highly desirable South Tampa location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medi-Weightloss Tampa Weight Loss Service Optical Outlets Optometrist Dr. Denyse Ramesar Optometrist Dr. Gretchen Sanmiguel Family Practice Physician Jennifer Buzzett Optometrist

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4957968
    Latitude
    27.9445535

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    FAQs

    What type of property is this?
    Individual retail property - Prime corner lot, 6,900 SF, multi-tenant.
    Where is this individual retail property located?
    The property is located at 3202 Kennedy Blvd Tampa, FL.
    What is the asking price?
    The asking price for this property is $5,250,000.
    What are key features of this property?
    This property features: Prime 27,250 SF corner lot in South Tampa, at the hard corner of W. Kennedy Blvd and Henderson Blvd.; 6,900 SF of retail space in three units across two buildings (3202 W. Kennedy Blvd & 3215 Henderson Blvd), 100% occupied with NNN leases.; CG zoning allows for significant redevelopment potential.
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    3202 Kennedy Blvd Tampa, FL 33609
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    Tampa, FL 33609
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3202 Kennedy Blvd Tampa, FL 33609
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