7732 Gibsonton Dr Gibsonton, FL 33534-4319
- Strip malls
- 4,646 SF
- 0.52 lot acres
Current Use by Public Records
- Isalis / Boutique / Women'S Clothing Store
- Party City / Party Store / Balloon Store
- Skunk Funk / Corporate Campus / Wholesaler
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 7732 Gibsonton Dr
- Year built
- 1958
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.52 lot acres
- Property size
- 4,646 SF
- Zone code
- CN
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- U243019ZZZ000001711100
- APU
- U243019ZZZ000001711100
Description
This exceptional 4,646 square foot retail center, situated on a 0.52-acre lot at 7732 Gibsonton Drive in Gibsonton, Florida, presents a compelling investment opportunity. The property boasts a prime location along a heavily trafficked road, ensuring high visibility and accessibility. Its strategic placement near major national retailers such as Walmart, Cracker Barrel, GDX Multiplex theater, and Lowe's guarantees consistent foot traffic and a robust customer base. The center is currently fully leased, with tenants enjoying long-term occupancy (20+ years). The diverse tenant mix contributes to a stable and predictable income stream. Ample parking is available via an additional land lease with TECO, ensuring convenient access for customers and employees. The property includes an 8x25 storage unit, adding further value. Recent improvements significantly enhance the property's condition and longevity. These include a new roof installed in 2024, new AC units in two spaces in 2020, a new plumbing main and backflow valve rebuild in 2020, a new French drainage system in 2020, and new fencing in 2021. Furthermore, the barber shop has undergone an interior remodel. Two units are currently on month-to-month leases, offering the buyer flexibility to occupy the spaces or lease them at market rates. The property is zoned Commercial Neighborhood (CN). This well-maintained and strategically located retail center represents a rare opportunity for investors seeking a stable, high-return investment in a thriving commercial area. The asking price is $1,299,500.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $190,000
- 6.5%
- $170,000
- 7%
- $165,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $195,000
- Geo Method
- $200,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $160,000
- Retail
- $200,000
- Mixed-Use
- $155,000
- Hospitality
- $160,000
- Educational
- $180,000
- Residential Income
- $165,000
- Energy
- $155,000
- Income-Based Land
- $145,000
- Food Service
- $170,000
Location Insight
- Map
- Local Demand
- City
- Gibsonton
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.3684
- Latitude
- 27.8501
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
