Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6308 Habana Ave Tampa, FL 33614

    • Commercial real estate
    • 1.35 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4562512
    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

    • Commercial real estate

    Property Details for 6308 Habana Ave

    Lot size
    1.35 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1.35-acre lot, located at 6308 N Habana Ave in Tampa, Florida (zip code 33614), presents a remarkable redevelopment opportunity. Currently zoned RDC-6, allowing for up to six units per acre, this property offers significant potential for the construction of townhomes or multiple single-family residences. The existing structures, currently generating an estimated annual rental income of $130,200, provide a substantial passive income stream while development plans are underway. These existing structures are comprised of a single-family home and three duplexes, all operating under month-to-month leases. It is crucial to respect the privacy of current tenants and refrain from disturbing them. The property's Hillsborough County location and convenient Tampa address make it an attractive investment for developers seeking a high-return project in a desirable area. The latitude and longitude coordinates are 28.004565 and -82.4889016 respectively. This prime piece of land offers a unique blend of immediate income generation and long-term development potential, making it an exceptional addition to any real estate portfolio. The asking price for this lucrative opportunity is $1,300,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4889016
    Latitude
    28.004565

    Comparable in this City

    • Contact for pricing

      Tampa Townhome Development Land

      6.43 Acres, 33 Townhome Lots
      7507 Glen Ave, Tampa, FL 33614
      View Details
    • $499,000

      Tampa Shovel-Ready Townhome Development Site

      Entitled 7-unit townhome development site in Tampa, Florida.
      3617 W Idlewild Ave, Tampa, FL 33614
      View Details
    • $1,995,000
      2.43 Acres

      Tampa Residential Land Development

      2.43 Acres, RMC-20 Zoning, Prime Location
      6202 Himes Ave, Tampa, FL 33614
      View Details
    • $200,000
      0.01 Acres

      Residential Land in Tampa, Florida

      Residential land for sale in a desirable Tampa location.
      4301 Har Paul Cir, Tampa, FL 33614
      View Details
    • $1,295,000

      Tampa Industrial Property For Sale

      Prime industrial land in Tampa's Airport warehousing district.
      4213 W Cayuga St, Tampa, FL 33614
      View Details
    • $195,000
      0.33 Acres

      Spacious Lot in Central Tampa

      Sizeable lot suitable for custom home, rental, or investment.
      0000 N Grady Ave, Tampa, FL 33614
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Tampa Townhome Development Land

      6.43 Acres, 33 Townhome Lots
      7507 Glen Ave, Tampa, FL 33614
      View Details
    • $1,995,000
      2.43 Acres

      Tampa Residential Land Development

      2.43 Acres, RMC-20 Zoning, Prime Location
      6202 Himes Ave, Tampa, FL 33614
      View Details
    • $499,000

      Tampa Shovel-Ready Townhome Development Site

      Entitled 7-unit townhome development site in Tampa, Florida.
      3617 W Idlewild Ave, Tampa, FL 33614
      View Details
    • $1,295,000

      Tampa Industrial Property For Sale

      Prime industrial land in Tampa's Airport warehousing district.
      4213 W Cayuga St, Tampa, FL 33614
      View Details
    • $195,000
      0.33 Acres

      Spacious Lot in Central Tampa

      Sizeable lot suitable for custom home, rental, or investment.
      0000 N Grady Ave, Tampa, FL 33614
      View Details
    • $200,000
      0.01 Acres

      Residential Land in Tampa, Florida

      Residential land for sale in a desirable Tampa location.
      4301 Har Paul Cir, Tampa, FL 33614
      View Details

    Similar Nearby for Lease

    • $32 SF/Yr
      53,000 SF

      Habana Medical Center: Prime Space

      Westshore medical office suite available.
      4700 Habana Ave, Tampa, FL 33614
      View Details
    • $18 SF/Yr
      14,708 SF

      Hillsborough Ave Office Space For Lease

      7,000 SF Office, Tampa, FL - Newly Renovated
      4701 Hillsborough Ave, Tampa, FL 33614
      View Details
    • $16 SF/Yr
      25,000 SF

      Single-Story Office Building For Lease

      Upscale office space with extensive glass and nearby amenities.
      4511 Woodland Corporate Blvd, Tampa, FL 33614
      View Details
    • $83,940

      Office, Warehouse, and Carport Space

      Office, warehouse, and carport space available for lease.
      4824 N Hale Ave, Tampa, FL 33614
      View Details
    • $240 SF/Yr
      32,664 SF

      Waters Business Tower: Tampa Medical Office Space

      Tampa Medical Office Suites: New Finishes, Flexible Space
      3105 Waters Ave, Tampa, FL 33614
      View Details
    • $9 SF/Yr
      1,750 SF

      Renovated Retail and Office Space

      Newly renovated retail and office space available for rent.
      4040 W Waters Ave, Tampa, FL 33614
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6308 Habana Ave
    Tampa, FL 33614
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.