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Property profile & analytics
FOR LEASE
Retail space

12702 Race Track Rd Tampa, FL 33626

11,108 SF 0.76 ac lot Built 2015
Entity Owned 10-yr Hold Free & Clear
Property ID
US18-6634158
Property summary
AI-generated overview

This exceptional 10,000-square-foot free-standing retail building is situated on one acre of land in the highly desirable Westchase area of Tampa, Florida. Constructed in 2015, the property boasts a single-tenant occupancy, currently vacant, presenting a unique opportunity for a variety of businesses. Its ideal location within the Westchase market makes it perfect for medical practices or other retail ventures seeking high visibility and accessibility. The building's modern design and ample space offer significant potential for customization to meet specific business needs. The property's single-tenant configuration simplifies management and provides a streamlined operational environment. With its convenient location and substantial square footage, this property represents a compelling investment opportunity in a thriving Tampa neighborhood. The address is 12702 Race Track Rd, Tampa, FL 33626. The property is zoned for retail use and is readily adaptable to a range of medical uses. The entire 10,000 square feet is currently available for lease. This is a rare opportunity to secure a prominent location in a sought-after area. The property's single-story design offers easy accessibility and efficient use of space. Its location provides excellent visibility and convenient access for customers and employees.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2015
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,108 SF
Lot 0.76 ac (32,989 SF)
Zoning code PD
APN U072817ZZZ00000027080G
UPID US18-6634158
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Coin Cloud Bitcoin ATM Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.04M
Comparable Approach Comparable
$1.56M
Blend (final) Blend
$1.87M
Owner & transaction history
Tampa Smart LLC · 10 yrs held
Tampa Smart LLC
since 2015
3 recorded transactions
2015
$3.8M
2007
Price N/A
1969
Price N/A
Zoning & alternative use
PD · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

through 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and 2 • Channel District - CD 1 and 2 • Seminole Heights - SH-RS, SH-RSA, SH-RM, SH-CG, SH-CI • Neighborhood Mixed Use - NMU16, NMU-24, NMU-35 • Planned Development - PD, PD-A Section 27-156, Table 4-1 What is a zoning lot? Lot, zoning: A lot or combination of lots shown on an application for a zoning comp…

Zone name Planned Development
General category PLANNED_DEVELOPMENT
Zone area 6,502.01 ac
Source Zoning Training | City of Tampa
Top alternative use upside
Medical building $3.0M +21.8%
Neighborhood: shopping center $2.9M +17.2%
Office building $2.5M +0.9%
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