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Property profile & analytics
OFF-MARKET Estimated value $2,360,000
Drug stores

2111 Busch Blvd Tampa, FL 33612-8669

13,296 SF 1.42 ac lot Built 1993
Entity Owned Free & Clear
Property ID
US18-3114153
Property summary
AI-generated overview

This exceptional 13,096-square-foot retail property, located at 2111 E Busch Blvd in Tampa, Florida (33612), presents a compelling redevelopment opportunity. Situated on a 61,856-square-foot lot in Hillsborough County, this single-story, 1993-built building boasts a prime location at a signalized intersection on one of Tampa's busiest roads, ensuring high visibility and accessibility. Previously a Walgreens, the property is currently vacant and offers significant potential for various commercial uses, including grocery stores, quick-service restaurants, and storefronts, as reflected in its CG zoning. The asking price is $3,399,000, translating to $255.64 per square foot. The property is classified as Class C and is offered as a fee-simple ownership with an owner/user investment subtype. The building's 13,296 total square feet includes 13,096 net rentable square feet. While renderings have been created illustrating a potential car wash use, the property's versatility allows for a wide range of adaptive reuse scenarios. This is a unique chance to acquire a substantial retail space in a high-traffic area of Tampa, offering significant return potential for the right investor or business.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 1993
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,296 SF
Lot 1.42 ac (61,856 SF)
Zoning code CG
APN A192819457K00000000010
UPID US18-3114153
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
  • COVID-19 Drive-Thru Testing at Walgreens Medical Laboratory
  • FedEx OnSite Postal Service Courier Service
  • TD Bank ATM Atm
  • Walgreens Photo (Bike/Boat/Book/etc) Store
  • Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.96M
CAP Approach CAP
$2.44M
Comparable Approach Comparable
$2.71M
Blend (final) Blend
$2.36M
Owner & transaction history
1453 Istanbul LLC
1453 Istanbul LLC
since 2025
Last sale
$2.5M
2 recorded transactions
2025
$2.5M
2023
$2.2M
Zoning & alternative use
CG · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $3.6M +21.8%
Neighborhood: shopping center $3.5M +17.2%
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