8531 Nebraska Ave Tampa, FL 33604
This 5,177 square foot freestanding retail building in Tampa, Florida, is offered at $850,000. Located at 8531 N Nebraska Ave, in Hillsborough County, zip code 33604, this Class C property sits on a 0.49-acre lot and is zoned CI (Commercial Intensive). Currently boasting 100% occupancy with a waiting list, this single-tenant building presents a solid income-producing opportunity. The property features two versatile structures. One building offers dormitory-style accommodations, while the other provides a single-family layout suitable for office or retail use. Both buildings include multiple rooms and bathrooms. The property benefits from high traffic counts and includes a parking lot. Its location in a thriving area, designated as an Opportunity Zone, offers significant potential for future development and diverse uses, including senior living, veteran programs, or religious/rehabilitation facilities. This is a rare opportunity to acquire a well-located, income-generating property with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.