Property summary
This exceptional South Tampa storefront, located at 4121 Henderson Blvd, offers a compelling value-add opportunity. The 2,292 square foot property boasts 100% occupancy with two tenants on month-to-month leases, presenting immediate upside potential through lease renewals at market rates or attracting new tenants. The property sits on 0.16 acres and benefits from 50 feet of frontage along Henderson Blvd, a major thoroughfare connecting Tampa's central business district to affluent South Tampa neighborhoods. The General Commercial (CG) zoning allows for a wide range of uses. Strong demographics support the investment, with a 5-mile population of 192,421 and an average household income of $142,475. Nearby amenities include highly-rated schools (Plant High School, Dale Mabry Elementary, etc.), and major retailers such as Publix, Sprouts, and Fresh Market. The property's current pro-forma NOI is $67,222, yielding a 6.00% cap rate, and is offered at an asking price of $1,120,000. This represents a rare opportunity to acquire a well-located, multi-tenant retail property in a high-demand area with significant upside potential. The property's address is 4121 Henderson Blvd, Tampa, FL 33629. The Hillsborough County APN is A-28-29-18-3RG-000000-00006.0.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Law Firm Child Welfare Organization
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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 - CI,…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CG · Tampa, FLas 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 - CI,…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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 - CI,…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CG in Tampa, FL.
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