4005 Gandy Blvd Tampa, FL 33611
- Strip malls
- 17,189 SF
- 0.96 lot acres
Current Use by Public Records
- DōMA Home Furnishings / Lighting Store / Office Furniture Store
- Calligaris / Furniture Store
Property Details for 4005 Gandy Blvd
- Year built
- 1974
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.96 lot acres
- Property size
- 17,189 SF
- Zone code
- CI
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- A0430183WN000000000120
- APU
- A0430183WN000000000120
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,750,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,070,000
- 6.5%
- $4,010,000
- 7%
- $3,690,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,720,000
- Geo Method
- $3,815,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,160,000
- Retail
- $3,650,000
- Mixed-Use
- $3,545,000
- Hospitality
- $4,340,000
- Educational
- $4,245,000
- Residential Income
- $3,680,000
- Energy
- $3,470,000
- Income-Based Land
- $3,860,000
- Food Service
- $3,610,000
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.5113
- Latitude
- 27.8941
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
