Property profile

4022 Tampa Rd Oldsmar, FL 34677

OFF-MARKET
Strip malls
Property ID
US18-2162522
21,616 SF 4.16 ac lot Built 2005
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Park Avenue Plaza, located at 4022 Tampa Rd, Oldsmar, FL 34677, presents a unique opportunity for businesses seeking versatile commercial space. This two-building complex, renovated in 2024, offers a total of 36,123 square feet of retail, office, and restaurant space. The property features a single-story design, providing convenient access for tenants and customers. Multiple tenancies are available, with spaces ranging from a minimum of 1,381 square feet to a maximum contiguous space of 3,021 square feet. Currently, 5,971 square feet of space is vacant and ready for immediate occupancy. The property's location in Oldsmar, Florida, provides excellent visibility and accessibility, making it an ideal location for a variety of businesses. Whether you're seeking a small retail space or a larger office suite, Park Avenue Plaza offers flexible options to suit your needs. The property is categorized as both commercial and medical office space, offering diverse possibilities for potential tenants. This is a rare opportunity to secure prime commercial real estate in a thriving Florida community. Contact us today to learn more about available spaces and leasing options.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction CONCRETE BLOCKS
Total area 21,616 SF
Lot 4.16 ac (181,188 SF)
APN 24-28-16-66296-000-0010
UPID US18-2162522

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
  • Art Studio Art School
  • Gym & Fitness Center Spa & Massage Center
  • Hair Salon
  • Cycling Facility Gym & Fitness Center
  • Department Store

Location

4022 Tampa Rd Oldsmar, FL 34677-3210
Oldsmar metro Census 27320 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.60M
Blend (final) Blend
$9.36M

Owner & transaction history

since 2023
Last sale
$9.4M
2 recorded transactions
2023
$9.4M
2016
$9.1M

Zoning & alternative use

Top alternative use upside
Commercial (general) $13.5M +124.5%
Restaurant $12.2M +104.1%
Auto repair, garage $9.0M +49.2%

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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