Technical
Financial
Distress signals
Property profile

2907 Florida Ave Tampa, FL 33602

OFF-MARKET
Retail space
Property ID
US18-0356634
12,175 SF 0.72 ac lot Built 1934
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Vacant storage space is located at 2907 N Florida Ave, Tampa, between the Tampa Heights and Riverside Heights neighborhoods. The space is configured for storage use and is offered under a net lease structure commonly referred to as a NNN basis, with operating expense components including CAM that accounts for property taxes and insurance. Utilities are metered in a shared arrangement with an existing gym/retail tenant, where electricity is split 70/30, and the remaining electricity allocation is split between the owner and the tenant occupying the storage space. The tenant is responsible for its own waste disposal service, including dumpster costs.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1934
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,175 SF
Lot 0.72 ac (31,350 SF)
Zoning code CI
APN A1229184RP000003000022
UPID US18-0356634

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
  • Gym & Fitness Center
  • Auto Parts Store

Location

2907 Florida Ave Tampa, FL 33602-1525
Tampa metro Census 3000 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.09M
CAP Approach CAP
by Request
Comparable Approach Comparable
$765k
Blend (final) Blend
$1.04M

Owner & transaction history

since 2021
Last sale
$1.2M
7 recorded transactions
2022
Price N/A
2021
$1.2M
2018
Price N/A
2014
Price N/A
2004
$315,000
1969
Price N/A
1969
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
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