You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

2311 W Hillsborough Ave Tampa, FL 33603

Turn key restaurants Google Maps
2,349 SF 0.32 ac lot Built 1962
Entity Owned 12-yr Hold Free & Clear
Estimated value (blended)
$250k
Range $225k – $275k (±10%)
Property ID US18-3299651

Property summary

AI-generated overview

This exceptional retail property, located at 2311 W Hillsborough Ave in Tampa, Florida, presents a compelling investment opportunity. The 1,659 square foot building sits on a 0.32-acre lot (14,101 square feet), offering significant potential for a variety of commercial uses. Built in 1962, the single-story structure is currently operating as a restaurant, making it ideally suited for a similar business, particularly one with drive-thru capabilities. The property's zoning designation is CI (Commercial Intensive), providing flexibility for various commercial ventures. The asking price is $1,600,000, translating to $964 per square foot. The property's location on Hillsborough Avenue ensures high visibility and accessibility, attracting significant foot and vehicle traffic. The parcel's APN is A-35-28-18-3H0-000010-00030.0. Owner financing is available, making this an attractive proposition for investors seeking a strong return on investment in a prime Tampa location. The property's size and zoning provide ample opportunity for expansion or redevelopment. This is a rare chance to acquire a well-situated retail property in a thriving Tampa neighborhood.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1962
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,349 SF
Lot 0.32 ac (14,101 SF)
Zoning code CI
APN A3528183H0000010000300
UPID US18-3299651

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
  • Atm
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Restaurant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2013
4 recorded transactions
2021
Price N/A
2021
Price N/A
2013
Price N/A
2013
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message