Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1002 Howard Ave Tampa, FL 33607-5318
    Back to Search
    Property profile & analytics

    1002 Howard Ave Tampa, FL 33607-5318

    View on Map
    • Retail properties & Spaces
    • 1,457 SF
    • 0.22 lot acres
    Off-Market
    Property ID
    US19-0506305
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1002 Howard Ave

    Year built
    1947
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.22 lot acres
    Property size
    1,457 SF
    Zone code
    CI
    Property type
    Retail properties & Spaces
    APN
    A1429184PE000010000230
    APU
    A1429184PE000010000230

    Description

    This exceptional 1.1-acre parcel presents a remarkable development opportunity in Tampa's vibrant NoHo neighborhood. Located at 1002 N Howard Ave, Hillsborough County, FL 33607, this property is zoned CI/Commercial Intensive, offering diverse development potential. A completed site analysis suggests various possibilities, including 48-52 apartment homes, 17-24 townhome/condo units, and multiple retail/office spaces. Its strategic location along the Howard/Armenia corridor places it within easy reach of Interstate 275, providing excellent access to Tampa Bay, Pinellas County, and Orlando. The site benefits from its proximity to both the burgeoning Midtown Tampa project and Tampa's Central Business District, surrounded by a thriving mix of new businesses, including law firms, restaurants, apartment complexes, and the Jewish Community Center. The asking price is $3,995,000. This is an ideal investment for developers seeking a prime location for a retail, office, townhome, or multi-family project in the heart of Tampa, Florida. The property is offered with a 0-year lease term.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4832
    Latitude
    27.9523
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,775
    $207,506
    $20,594
    $228,100
    -
    $207,506
    $20,594
    $228,100

    Comparable in this City

    • Value Estimation by Request
      2,578 SF

      1744 Main St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,578 SF
      1744 Main St, Tampa, FL 33607-4320
      View Details
    • Value Estimation by Request
      4,484 SF

      3701 Cherry St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 4,484 SF
      3701 Cherry St, Tampa, FL 33607-2528
      View Details
    • Value Estimation
      $2,805,000
      51,108 SF

      3712 Walnut St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 51,108 SF
      3712 Walnut St, Tampa, FL 33607-2515
      View Details
    • Value Estimation by Request
      6,901 SF

      5031 Grace St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 6,901 SF
      5031 Grace St, Tampa, FL 33607-3807
      View Details
    • Value Estimation by Request
      2,318 SF

      6331 Courtney Campbell Cswy1-2

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 2,318 SF
      6331 Courtney Campbell Cswy1-2, Tampa, FL 33607
      View Details
    • Value Estimation by Request

      3117 Columbus Dr

      Restaurants
      3117 Columbus Dr, Tampa, FL 33607
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,681 SF

      Midtown Town Center Investment Opportunity

      Commercial investment opportunity in Midtown Town Center with great exposure.
      3426 Cypress St, Tampa, FL 33607
      View Details
    • $2,450,000

      Tampa Commercial Land Opportunity Zone

      1.5-acre commercial site in Tampa's high-growth corridor.
      2711 N Macdill Ave, Tampa, FL 33607
      View Details
    • Contact for pricing

      Furnished Office Near Tampa Airport

      Move-in ready office space with high visibility and ample parking.
      4622 W Spruce St, Tampa, FL 33607
      View Details
    • $1,600,000
      Pending

      Tampa Office Building For Sale

      Prime office building in a desirable Tampa location.
      2511 W Columbus Dr, Tampa, FL 33607
      View Details
    • Contact for pricing
      7,104 SF

      Tampa Mixed-Use Investment Opportunity

      Recently renovated mixed-use property near Midtown Tampa.
      3221-3233 Cypress St, Tampa, FL 33607
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      46,647 SF

      Tripointe Plaza Executive Suites

      Tampa's Westshore: Prime Office Space
      4488 Boy Scout Blvd, Tampa, FL 33607
      View Details
    • Contact for pricing
      2,472 SF

      Retail Space on Dale Mabry

      Retail property available for lease on North Dale Mabry.
      2525 N Dale Mabry Hwy, Tampa, FL 33607
      View Details
    • Contact for pricing

      Restaurant Space Near International Plaza

      Restaurant space available near International Plaza, estimated delivery Q4 2025.
      1515 N West Shore Blvd, Tampa, FL 33607
      View Details
    • Contact for pricing
      1,505 SF

      Retail Space at Busy Corner

      Retail space with high visibility in a dynamic market.
      2800 N Macdill Ave, Tampa, FL 33607
      View Details
    • Contact for pricing

      Class A+ Mixed-Use Development

      Mixed-use development in the heart of Westshore office submarket.
      4488 W Boy Scout Blvd, Tampa, FL 33607
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1002 Howard Ave
    Tampa, FL 33607-5318
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1002 Howard Ave, Tampa, FL, 33607
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!