Property profile

4005 Gandy Blvd Tampa, FL 33611

OFF-MARKET
Strip malls
Property ID
US18-5393830
17,189 SF 0.96 ac lot Built 1974
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 16,800 square foot, single-story retail center situated on a 0.96-acre lot at 4005 W Gandy Blvd, Tampa, FL 33611. The property, built in 1974, boasts a prominent location within a densely populated retail corridor, ensuring high visibility and significant foot traffic. The center comprises five individual suites, offering flexibility for a variety of retail tenants. Currently, there are 6,362 square feet of vacant space available, presenting a unique chance to lease to new businesses or expand existing operations. Ample parking is provided with 45 spaces available for customers and employees. The property's strategic location along Gandy Boulevard and the Selmon Expressway guarantees excellent accessibility and exposure to a large customer base. This free-standing retail center is an ideal investment for those seeking a strong foothold in a thriving Tampa market. The property's size, location, and existing infrastructure make it a compelling opportunity for both seasoned investors and newcomers to the commercial real estate market. The potential for increased rental income through leasing the vacant space is substantial, promising a strong return on investment. Don't miss this chance to acquire a well-positioned retail property in a high-demand area.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 17,189 SF
Lot 0.96 ac (41,740 SF)
Zoning code CI
APN A0430183WN000000000120
UPID US18-5393830

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
  • Furniture & Home Goods Home Decor Store
  • Furniture & Home Goods Home Decor Store

Location

4005 Gandy Blvd Tampa, FL 33611-3409
Tampa metro Census 6600 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.75M
CAP Approach CAP
$3.62M
Comparable Approach Comparable
$4.91M
Blend (final) Blend
$3.75M

Owner & transaction history

since 2024
Last sale
$3.8M
2 recorded transactions
2024
$3.8M
2017
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
Top alternative use upside
Office building $5.1M +14.7%
Medical building $4.6M +3.9%

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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