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Property profile & analytics
FOR LEASE
Strip malls

3370 Tampa Rd Palm Harbor, FL 34684

12,104 SF 1.39 ac lot Built 1987
Individually Owned 38-yr Hold ~ Est. High Equity
Property ID
US18-2835148
Property summary
AI-generated overview

Cascades Shopping Center in Palm Harbor, Florida, presents a fantastic opportunity for medical or retail tenants. This 13,858 square foot strip center, located at 3370-3398 Tampa Road (zip code 34684), offers nine suites with ample parking (60 spaces). One immediately available space totals 1,770 square feet, featuring an existing interior build-out suitable for office or medical use, though adaptable for various retail needs. The center boasts a strong history, with some tenants occupying the space for over 34 years, including established businesses like 7-Eleven and Fantastic Sam's. Its strategic location, one mile east of US Highway 19 North at the intersection of Tampa Road and Lake St. George Blvd, ensures high visibility and accessibility. The property benefits from consistent ownership and management since 1987, providing stability and a commitment to tenant satisfaction. Flexible lease terms and competitive rates are available for qualified tenants. This Pinellas County property presents a rare chance to establish a presence in a well-established and thriving commercial center. The property is conveniently located in Palm Harbor, Florida.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Construction CONCRETE BLOCKS
Total area 12,104 SF
Lot 1.39 ac (60,470 SF)
APN 08-28-16-00000-240-0200
UPID US18-2835148
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
  • Benjamin Moore Paints/Durable Coatings, Inc Hardware & Home Improvement Building Supply
  • COLORFUL COATINGS, INC. Hardware & Home Improvement Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.57M
Blend (final) Blend
$2.58M
Owner & transaction history
Isadore Brown · 38 yrs held
Isadore Brown
since 1987
1 recorded transaction
1987
$1.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $4.0M +17.7%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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