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    Property profile & analytics

    5901 Armenia Ave Tampa, FL 33603-1023

    • Strip malls
    • 6,336 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Location Intelligence
    Property ID
    US19-0699742
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • El Gallo Rojo Pet Shop / Poultry Store

    Property Details for 5901 Armenia Ave

    Year built
    1974
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.41 lot acres
    Property size
    6,336 SF
    Zone code
    CI
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    A3528183H1000004000210
    APU
    A3528183H1000004000210

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $510,000
      6.5%
      $505,000
      7%
      $490,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $485,000
      Geo Method
      $565,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $435,000
      Retail
      $465,000
      Mixed-Use
      $525,000
      Hospitality
      $515,000
      Educational
      $460,000
      Residential Income
      $555,000
      Energy
      $425,000
      Income-Based Land
      $450,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4841
    Latitude
    28.0009
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,756
    $198,000
    $322,500
    $520,500
    -
    $198,000
    $322,500
    $520,500

    Comparable in this City

    • Value Estimation by Request
      9,900 SF

      5802 Armenia Ave Ste A

      SHOPPING CENTER, STRIP CENTER • 9,900 SF
      5802 Armenia Ave Ste A, Tampa, FL 33603-1000
      View Details
    • Value Estimation
      $385,000
      3,339 SF

      4703 Nebraska Ave

      SHOPPING CENTER, STRIP CENTER • 3,339 SF
      4703 Nebraska Ave, Tampa, FL 33603-4015
      View Details
    • Value Estimation
      $370,000
      7,200 SF

      4028 Nebraska Ave

      SHOPPING CENTER, STRIP CENTER • 7,200 SF
      4028 Nebraska Ave, Tampa, FL 33603-4304
      View Details
    • Value Estimation
      $265,000
      2,824 SF

      3401 Nebraska Ave

      SHOPPING CENTER, STRIP CENTER • 2,824 SF
      3401 Nebraska Ave, Tampa, FL 33603-6035
      View Details
    • Value Estimation
      $245,000
      5,057 SF

      3913 Tampa St

      SHOPPING CENTER, STRIP CENTER • 5,057 SF
      3913 Tampa St, Tampa, FL 33603-4745
      View Details
    • Value Estimation
      $705,000
      16,058 SF

      4006 Florida Ave

      SHOPPING CENTER, STRIP CENTER • 16,058 SF
      4006 Florida Ave, Tampa, FL 33603-3816
      View Details

    Similar Nearby for Sale

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      12,036 SF

      Tampa Office/Retail Strip Center

      Centrally located office/retail strip center in the heart of Tampa.
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      Corner Retail Redevelopment Opportunity

      Prime corner location with flexible zoning and redevelopment potential.
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      Tampa Starbucks Investment Opportunity

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      Restaurant For Sale, Tampa

      Restaurant property for sale, ideal for drive-thru fast food.
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    • $495,000
      1,074 SF

      Prime Location on MLK Jr. Blvd.

      Commercial property with redevelopment potential in a high-traffic location.
      1318 East Dr Martin Luther King Junior Blvd, Tampa, FL 33603
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      New Retail Property For Sale

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    Similar Nearby for Lease

    • Contact for pricing
      856 SF

      Retail Space in Tampa Center

      Retail space available in a busy Tampa shopping center.
      2305-2329 E Hillsborough Ave, Tampa, FL 33603
      View Details
    • $25 SF/Yr
      15,022 SF

      Tampa Retail Site - Nebraska Ave

      High-traffic freestanding retail space
      3917 Nebraska Ave, Tampa, FL 33603
      View Details
    • Contact for pricing
      8,000 SF

      Retail Space on Hillsborough Avenue

      Retail space with dedicated parking and high traffic volume.
      2101 W Hillsborough Ave, Tampa, FL 33603
      View Details
    • $1.75 SF/Yr
      8,405 SF

      Ybor Heights Multi-Tenant Retail

      Prime Ybor Heights location; flexible spaces available.
      3800 Nebraska Ave, Tampa, FL 33603
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    • $20 SF/Yr
      940 SF

      Modern Seminole Heights Professional Building

      Retail/office suites in a modern building with abundant natural light.
      4007 North Taliaferro Ave, Tampa, FL 33603
      View Details
    • $32 SF/Yr
      1,830 SF

      Tampa Bar/Restaurant Space for Lease

      1830 sq ft, prime Tampa location
      3607 Nebraska Ave, Tampa, FL 33603
      View Details
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    Tampa, FL 33603-1023
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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