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    Property profile & analytics

    7918 Armenia Ave Tampa, FL 33604-3807

    • Turn key restaurants
    • 1,958 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US18-4129215
    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

    • Turn key restaurants

    Property Details for 7918 Armenia Ave

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.20 lot acres
    Property size
    1,958 SF
    Zone code
    CG
    Property type
    Turn key restaurants
    APN
    A2728183G6000004000260
    APU
    A2728183G6000004000260

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $305,000
      6.5%
      $315,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $275,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $290,000
      Retail
      $275,000
      Mixed-Use
      $355,000
      Hospitality
      $375,000
      Educational
      $370,000
      Residential Income
      $300,000
      Energy
      $290,000
      Income-Based Land
      $270,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4846
    Latitude
    28.0205
    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
    $5,492
    $95,700
    $187,313
    $283,013
    -
    $95,700
    $187,313
    $283,013

    Comparable in this City

    • Value Estimation
      $2,590,000
      9,578 SF

      5910 Florida Ave

      RESTAURANT • 9,578 SF
      5910 Florida Ave, Tampa, FL 33604-6604
      View Details
    • Value Estimation
      $620,000
      5,059 SF

      7110 Nebraska Ave

      RESTAURANT • 5,059 SF
      7110 Nebraska Ave, Tampa, FL 33604-4954
      View Details
    • Value Estimation by Request
      5,183 SF

      7507 Armenia Ave

      RESTAURANT • 5,183 SF
      7507 Armenia Ave, Tampa, FL 33604-5204
      View Details
    • Value Estimation
      $290,000
      3,611 SF

      7212 Armenia Ave

      RESTAURANT • 3,611 SF
      7212 Armenia Ave, Tampa, FL 33604-5201
      View Details
    • Value Estimation by Request
      6,983 SF

      6430 Florida Ave

      RESTAURANT • 6,983 SF
      6430 Florida Ave, Tampa, FL 33604-6034
      View Details
    • Value Estimation
      $545,000
      3,798 SF

      7701 Nebraska Ave

      RESTAURANT • 3,798 SF
      7701 Nebraska Ave, Tampa, FL 33604-8902
      View Details

    Similar Nearby for Sale

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      Tampa Corner Commercial Building

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    • $630,000
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      Tampa Office Building - 1368 SF

      Prime Tampa location, 1-story office, great visibility.
      6708 Armenia Ave, Tampa, FL 33604
      View Details
    • $650,000
      1,260 SF

      Tampa Mixed-Use Investment Opportunity

      Waters Ave storefront, daycare potential
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    • $630,000
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      Commercial Building on Armenia Avenue

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    Similar Nearby for Lease

    • $27 SF/Yr
      2,702 SF

      Restaurant-Ready Space in Seminole Heights

      Exceptional commercial leasing opportunity in Tampa's vibrant Seminole Heights neighborhood.
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    • Contact for pricing
      8,376 SF

      Nebraska Crossings Medical Office Space

      Seminole Heights, New Medical Building
      5511 Nebraska Ave, Tampa, FL 33604
      View Details
    • $17,500 /Mo

      Tampa Commercial Space For Rent

      Commercial space near Busch Gardens, ideal for retail or office.
      9006 N 40Th St, Tampa, FL 33604
      View Details
    • Contact for pricing
      4,700 SF

      Retail Space in Tampa Location

      Retail space available in a densely populated Tampa location.
      8328 N Florida Ave, Tampa, FL 33604
      View Details
    • $16 SF/Yr
      9,441 SF

      Retail Space in High-Traffic Area

      Retail space with flexible floor plan and abundant parking.
      6006 N Nebraska Ave, Tampa, FL 33604
      View Details
    • $36 SF/Yr
      1,146 SF

      Modern Retail/Office Space Available

      Light-filled 1,146 SF retail or office space for lease.
      6301-6307 N Nebraska Ave, Tampa, FL 33604
      View Details
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    Tampa, FL 33604-3807
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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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