Property profile

8502 Citrus Park Dr Tampa, FL 33625

OFF-MARKET
Strip malls
Property ID
US18-5118578
8,152 SF 0.94 ac lot Built 2005
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Citrus Park Plaza offers exceptional street-front retail opportunities within a thriving power center outparcel in Hillsborough County. This multi-tenant property boasts a total of 7,965 square feet, currently featuring three suites. Two prime retail spaces are immediately available, ranging from 2,373 to 2,891 contiguous square feet. The total vacant space amounts to 5,264 square feet, presenting a significant opportunity for expansion or multiple tenants. Ideal for a variety of uses, including hair salons, restaurants, fitness centers, nail salons, or coffee shops. The property's high-visibility location within a busy power center ensures maximum exposure and foot traffic, making it an excellent investment for businesses seeking a strong presence in a densely populated area. The minimum divisible space is 2,373 square feet, providing flexibility for businesses of varying sizes. This is a rare chance to secure a prominent retail location in a prime Hillsborough County location. Contact us today to learn more about leasing options and explore the potential of this exceptional retail property.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,152 SF
Lot 0.94 ac (40,946 SF)
Zoning code PD
APN U1128175GG000000T00000
UPID US18-5118578

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
  • Arcade & Gaming Center Electronics & Wireless Store

Location

8502 Citrus Park Dr Tampa, FL 33625-3003
Tampa metro Census 11412 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.80M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.21M
Blend (final) Blend
$4.86M

Owner & transaction history

since 2022
Last sale
$4.8M
7 recorded transactions
2022
$4.8M
2020
Price N/A
2020
$4.1M
2016
Price N/A
2007
$3.5M
2006
Price N/A
2004
$675,000

Zoning & alternative use

PD · Tampa, FL
Zoning description

through 4 • Ybor City - YC 1 through 8 • CBD - CBD 1 and 2 • Channel District - CD 1 and 2 • Seminole Heights - SH-RS, SH-RSA, SH-RM, SH-CG, SH-CI • Neighborhood Mixed Use - NMU16, NMU-24, NMU-35 • Planned Development -…

General category PLANNED_DEVELOPMENT
Top alternative use upside
Restaurant $3.9M +85.3%
Apartment house (5+ units) $3.0M +41.0%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8502 Citrus Park Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message