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Property profile & analytics

3607 N Nebraska Ave Tampa, FL 33603

  • Retail space
  • 1,830 SF
  • 0.31 lot acres
For Lease
Last Sale
Jun 28, 2022
$450,000
Value Estimations
$465,000
Cap Rate Potential
4.7%
Retail space
Location Intelligence
Property ID
US19-0417629
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Gene's & Legacy Lounge / Bar

Property Details for 3607 N Nebraska Ave

Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.31 lot acres
Property size
1,830 SF
Zone code
CG
Property type
Retail space
APN
A0729194MK000001000090
APU
A0729194MK000001000090

Description

This 1,830 square foot bar and restaurant space in Tampa, Florida, is ideally situated at the intersection of Nebraska Avenue and Baker Street, boasting 14,121 vehicles passing daily. Its prime location offers easy access to major roadways including Interstate 4, Interstate 275, and the Crosstown Expressway. The property benefits from high visibility due to its corner location with approximately 139 feet of frontage on Nebraska Avenue and corner-lit intersection. Surrounded by hotels, restaurants, entertainment, shopping, and public transportation, this space is perfect for a variety of businesses. The property includes on-site parking, a rear delivery door, and approximately 300 square feet of office/storage space. The wet-zoned property allows for a full liquor license, making it especially attractive to food and beverage establishments. Flexible build-out options cater to diverse business needs. Located in Ybor Heights, just 1.5 miles from downtown Tampa, this property offers a unique opportunity to thrive in a vibrant, artistic, and entrepreneurial community. The high traffic count and convenient location ensure excellent exposure and accessibility for any business.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $465,000
    ML approach
    $450,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $365,000
    6.5%
    $335,000
    7%
    $310,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $607,000
    Market price range: $216k - $607k
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $405,000
    Current use
    MEDICAL BUILDING
    $495,000
    Change: +22% Conversion: Difficult
    NEIGHBORHOOD: SHOPPING CENTER
    $475,000
    Change: +17% Conversion: Moderate
    OFFICE BUILDING
    $465,000
    Change: +15% Conversion: Easy
    AUTO REPAIR, GARAGE
    $355,000
    Change: -13% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $350,000
    Change: -14% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Tampa
County
Hillsborough
State
Florida
Longitude
-82.4509
Latitude
27.9776
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,675
$202,245
$159,402
$361,647
-
$202,245
$159,402
$361,647
More about this property
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