Technical
Financial
Distress signals
Property profile

1616 7th Ave Tampa, FL 33605

OFF-MARKET
Strip malls
Property ID
US18-3852604
15,382 SF 0.38 ac lot Built 1920
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1920
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,382 SF
Lot 0.38 ac (16,625 SF)
Zoning code YC-1
APN A18291950N000056000080
UPID US18-3852604

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
  • Restaurant
  • Restaurant
  • Restaurant

Location

1616 7th Ave Tampa, FL 33605-3706
Tampa metro Census 14200 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.24M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.68M

Owner & transaction history

since 2017
6 recorded transactions
2020
Price N/A
2017
$3.5M
1996
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

YC-1 · Tampa, FL
Zoning description

This subdistrict comprises the cultural, social, shopping and service heart of the Ybor City Historic District, the regulations are intended to preserve and enhance its touristic, cultural and economic functions by prese…

General category COMMERCIAL
Top alternative use upside
Office building $4.2M +4.4%
Medical building $4.2M +3.9%

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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