Property summary
This exceptional retail opportunity is located in the highly sought-after Riverwalk district of Tampa, Florida, within Hillsborough County. The Landing at Riverwalk - Phase 1 offers two available commercial spaces totaling 2,404 square feet, currently 100% vacant and ready for immediate occupancy. This new luxury mixed-use development boasts a prime location next to popular establishments such as Woven Water Brewing Company, and a short distance from Sprouts and the bustling Armature Works. The building is part of a thriving area experiencing significant growth, situated in one of the nation's top 10 fastest-growing counties. The property features a first-floor parking garage for convenient access. The upper floors house eight upscale apartments, ranging from 700 to 939 square feet, adding to the vibrant atmosphere of the development. This is an unparalleled chance to establish a presence in a rapidly expanding and highly desirable Tampa neighborhood. Projected completion and possession are slated for Q2 2025. The property is classified as retail commercial with multiple tenancy options. The address is 702 W Columbus Dr, Tampa, FL 33602.
Property profile
VerifiedCap rate & NOI
Current use
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Apartment Complex
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Painting Service General Contractor
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
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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
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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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