Property profile

1797 W Hillsborough Ave Tampa, FL 33603

FOR SALE
Office buildings
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Property ID
US18-0083992
1,632 SF 0.87 ac Built 1947
Last sale Jun 2022·$975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property located at 1797 W Hillsborough Avenue in Tampa, Florida consists of a 2,503 SF retail building constructed for use as a coffee shop, restaurant, or similar specialty retail concept. It is situated on the northeast corner of W Hillsborough Avenue and N Albany Avenue, with frontage on W Hillsborough Avenue (noted traffic count of approximately 56,500 AADT). The site is positioned within a commercial area, and the property has historically been leased to Starbucks Corporation under a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$601k
Assessed land$373k
Assessed improvement$227k
Effective rate1.99%

Value estimate

· Nov 2026
$980k
$882k – $1.08M
AI approach$990k
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$2k
Operating expenses−$13k
NOI · 0.78% cap applied$30k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$255/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$140 – $331
Qualifying comparables16

Cap rate analysis

How does the asset earn?
0.78%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CI
This district provides areas for intense commercial activity, permitting heavy commercial and service uses
General categoryCOMMERCIAL
JurisdictionHILLSBOROUGH

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service11.9
Parking Facility11.7
Realty agency10.8

Location

1797 W Hillsborough Ave Tampa, FL 33603
County assessor Recorded deeds · 8 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5111 Nebraska, Tampa, FL 33603-2365 $460,000 May 2024 1,563 SF
3114 Blvd, Tampa, FL 33603-5500 $435,000 Jul 2023 1,651 SF
5508 Armenia, Tampa, FL 33603-1016 $235,000 Jun 2023 1,750 SF
5102 Armenia, Tampa, FL 33603-1406 $498,000 Jun 2022 1,476 SF
5807 Armenia, Tampa, FL 33603-1021 $400,000 Dec 2021 1,583 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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