Property profile

4121 Henderson Blvd Tampa, FL 33629

OFF-MARKET
Strip malls
Property ID
US18-4187998
2,292 SF 0.16 ac lot Built 1951
Entity Owned 29-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1951
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,292 SF
Lot 0.16 ac (7,000 SF)
Zoning code CG
APN A2829183RG000000000060
UPID US18-4187998

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
  • Insurance Agency
  • Law Firm Child Welfare Organization

Location

4121 Henderson Blvd Tampa, FL 33629-5749
Tampa metro Census 5800 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$780k
CAP Approach CAP
$480k
Comparable Approach Comparable
$581k
Blend (final) Blend
$750k

Owner & transaction history

since 1997
Last sale
$1.0M
1 recorded transaction
1997
$85,000

Zoning & alternative use

CG · Tampa, FL
Zoning description

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,…

General category COMMERCIAL
Top alternative use upside
Office building $790,000 +32.3%
Medical building $620,000 +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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4121 Henderson Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message