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8001 Hillsborough Ave Tampa, FL 33615-4107

OFF-MARKET Turn key restaurants Google Maps
6,618 SF 1.26 ac lot Built 1985
Entity Owned Free & Clear
Estimated value (blended)
$1.08M
Range $972k – $1.19M (±10%)
Property ID US18-2933395

Property summary

AI-generated overview

This exceptional 1.29-acre commercial land parcel presents a significant investment opportunity in Tampa, Florida. Strategically located at 8001 W Hillsborough Ave, this property boasts high visibility and accessibility, situated near the intersection of W Hillsborough Ave and Town N Country Boulevard. The site is zoned CG and benefits from its position within the Hillsborough Avenue Overlay District, designed to enhance the area's aesthetic appeal and promote urban development. While a previous structure (a 5,700 sq ft building) was lost to fire in early 2022, Hillsborough County Development Services indicates potential eligibility for an "act of God" exemption from overlay restrictions, allowing for rebuilding on the existing site footprint, subject to adherence to specific guidelines. The surrounding area thrives with established retail businesses, including a recently constructed Chick-fil-A, McDonald's, Wendy's, Taco Bell, Checkers, Culver's, and the Hillsborough Square Shopping Center, which includes a Publix supermarket within ¾ of a mile. The property's proximity to major retailers like Home Depot and numerous restaurants further underscores its commercial viability. The parcel ID is U-35-28-17-ZZZ-000000-42670.0, and the property owner is STORE MASTER FUNDING XXVIII LLC. Minimum 10-foot and maximum 20-foot front building setbacks are required under the overlay district. This prime location offers substantial potential for a variety of commercial developments.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,618 SF
Lot 1.26 ac (54,885 SF)
Zoning code CG
APN U352817ZZZ000000426700
UPID US18-2933395

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Aquarium
  • Waste Management Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.08M

Owner & transaction history

since 2026
Last sale
$1.3M
7 recorded transactions
2026
$1.3M
2023
Price N/A
2023
Price N/A
2019
Price N/A
2017
$1.8M
2014
$1.5M
1996
$486,000

Zoning & alternative use

CG · Tampa, FL
Zoning description

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,…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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