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Property profile & analytics
FOR LEASE
Strip malls

4802 Gunn Hwy Tampa, FL 33624

19,466 SF 8.77 ac lot Built 1987
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US18-3781218
Property summary
AI-generated overview

This exceptional 73,266 square foot retail center, situated on a 9.88-acre lot at 4802 Gunn Hwy in Tampa, Florida (zip code 33624), presents a unique investment opportunity. Built in 1987, this single-story building boasts a PD-MU zoning designation and offers multiple tenancy options. The property enjoys a highly visible location on Gunn Highway in the Carrollwood area of Northwest Tampa, benefiting from an estimated 35,000 vehicles per day passing by. This translates to significant foot traffic and exposure for potential tenants. The area is characterized by high residential populations, ensuring a strong customer base. The center already houses a successful mix of established businesses, including a Circle K convenience store, Zone Fitness, Summit Salon Academy, Brewland's Billiards, and GTE Federal Credit Union, creating a synergistic environment. This established tenant mix provides a strong foundation for future growth and stability. The property's size and location make it ideal for a variety of retail uses, offering significant potential for return on investment. Interested parties are encouraged to explore this exceptional opportunity to acquire a thriving retail center in a prime Tampa location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 19,466 SF
Lot 8.77 ac (382,233 SF)
Zoning code PD
APN U172818ZZZ000000899800
UPID US18-3781218
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Zone Fitness Clubs Carrollwood Gym & Fitness Center
  • Fitness Ventures Team Gym & Fitness Center
  • Zoom Room Tampa Animal Training
  • Summit Salon Academy - Tampa Hair Salon Nail Salon
  • M&J's Land & Sea Market Take-out & Catering Butcher
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.10M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.61M
Owner & transaction history
Towne Centre LLC · 6 yrs held
Towne Centre LLC
since 2019
1 recorded transaction
2019
$8.2M
Zoning & alternative use
PD · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

through 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and 2 • Channel District - CD 1 and 2 • Seminole Heights - SH-RS, SH-RSA, SH-RM, SH-CG, SH-CI • Neighborhood Mixed Use - NMU16, NMU-24, NMU-35 • Planned Development - PD, PD-A Section 27-156, Table 4-1 What is a zoning lot? Lot, zoning: A lot or combination of lots shown on an application for a zoning comp…

Zone name Planned Development
General category PLANNED_DEVELOPMENT
Zone area 6,502.01 ac
Source Zoning Training | City of Tampa
Top alternative use upside
Office building $5.4M +7.2%
Medical building $5.3M +3.9%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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