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Property profile & analytics
OFF-MARKET Estimated value $880,000
Grocery and convenience stores

753 Fowler Ave Tampa, FL 33612-5334

4,633 SF 0.26 ac lot Built 2010
Individually Owned 16-yr Hold Free & Clear
Property ID
US18-2934132
Property summary
AI-generated overview

This exceptional Class A retail storefront, totaling 4,404 square feet, presents a unique investment opportunity. Located at the highly visible corner of Fowler Avenue and Nebraska Avenue, this property benefits from immediate proximity to I-275, ensuring easy access and high visibility. The 2,997 square feet of vacant space is ideal for a variety of retail uses, complemented by a strong, long-term adjacent tenant (Boost Mobile). The property boasts impressive traffic counts, with an average annual daily traffic (AADT) of 56,000 vehicles. Its strategic location near the University of South Florida (USF), the University Mall (currently undergoing redevelopment), and the Tampa Innovation District further enhances its appeal. The area is experiencing significant revitalization, with the former Fowler Flea Market behind the building being redeveloped into an IDEA Charter School. The property is zoned CI-Commercial Intensive in Hillsborough County, and the 2020 census data reveals a dense population of 325,209 people within a 5-mile radius. This prime location is surrounded by established businesses, including McDonald's, Waffle House, and several auto parts stores and dealerships. Built in 2010, this single-story building offers a modern and functional space ready for immediate occupancy. This is an unparalleled opportunity to establish a thriving business in a rapidly growing area.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2010
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,633 SF
Lot 0.26 ac (11,286 SF)
Zoning code CI
APN A132818ZZZ000005350101
UPID US18-2934132
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$975k
Comparable Approach Comparable
by Request
Blend (final) Blend
$880k
Owner & transaction history
Owner Name Unavailable · 16 yrs held
Owner Name Unavailable
since 2010
1 recorded transaction
2010
$101,600
Zoning & alternative use
CI · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.3M +3.9%
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