12807 Hillsborough Ave Tampa, FL 33635-9650
This exceptional investment opportunity presents a fully leased, 15,033 square foot retail plaza situated at 12807 W Hillsborough Ave, Tampa, FL 33635. The property, built in 1985, consists of a single, one-story building on a 1.68-acre lot, zoned CG. Currently boasting 100% occupancy across eight units, the plaza generates a substantial net operating income (NOI) of $163,239, with a projected NOI of $215,048. The asking price is $3,250,000, representing a current cap rate of 5.02% and a pro-forma cap rate of 6.62%. The property features a mix of restaurant, shopping center, and storefront tenants, primarily under NNN leases with a remaining term of four years. This stabilized investment benefits from a prime location in a high-growth corridor of Tampa, characterized by strong demographics, high household incomes, and exceptional daily traffic counts. The property's excellent visibility and minimal operational expenses make it a highly desirable, turnkey investment. The Hillsborough County APN is 004242-0500. This is a rare opportunity to acquire a high-performing retail asset in a thriving Tampa market.
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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 - CI, CG, CN • Industrial - IH, IG • M-AP - M-AP 1 through 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and 2 • Channel District - CD 1 and 2 • Se…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG · Tampa, FLas 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 - CI, CG, CN • Industrial - IH, IG • M-AP - M-AP 1 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 - NMU
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.