Property profile

1251 Fowler Ave Tampa, FL 33612

OFF-MARKET
Strip malls
Property ID
US19-0433562
71,383 SF 4.48 ac lot Built 1980
Entity Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This Hillsborough County property, located at 1251 E Fowler Ave, offers 35,000 square feet of vacant space in a 1-building complex with multiple suites. The flexible layout caters to various needs, including retail, industrial, office, medical office, creative office, and distribution uses. Built in 1980 and renovated in 2019, the Class B building boasts a 25-foot ceiling height, 390 feet of frontage on E Fowler Ave, and ample parking (280 spaces). The property features three loading docks, two dock-high doors, and one drive-in door, making it highly suitable for distribution businesses. The 4.55-acre site is zoned CI and includes a 3,400 sq ft retail suite with excellent visibility on Fowler Avenue. Its strategic location between I-275 and the University of South Florida, with an AADT of over 52,000 vehicles, provides exceptional exposure and accessibility. Minimum divisible space is 10,000 sq ft, with a maximum contiguous space of 35,000 sq ft. The property includes air-conditioned warehouse space with bathrooms and office areas. APN: A-18-28-19-ZZZ-000005-59870.0.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1980
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 71,383 SF
Lot 4.48 ac (195,230 SF)
Zoning code CI
APN A182819ZZZ000005598700
UPID US19-0433562

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Mobile Phone Store Electronics & Wireless Store
  • High School
  • Grocery & Convenience Store Food Market
  • Clothing & Fashion Store
  • Restaurant

Location

1251 Fowler Ave Tampa, FL 33612-5407
Tampa metro Census 201 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$8.29M

Owner & transaction history

since 2004
5 recorded transactions
2019
Price N/A
2004
$2.1M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CI · Tampa, FL
Zoning description

rty as allowed by the code. Categories of zoning districts • Single family - RS-150, RS-100, RS-75, RS-60, RS-50 • Multiple family - RM-75, RM-50, RM-24, RM-18, RM-16, RM-12 • Office - RO, RO-1, OP , OP-1 • Commercial -…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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