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909 West Hillsborough Ave Tampa, FL 33603

Retail space Google Maps
1,464 SF 0.13 ac lot Built 1947
Individually Owned 11-yr Hold Free & Clear
Estimated value (blended)
$260k
Range $234k – $286k (±10%)
Property ID US18-4299302

Property summary

AI-generated overview

This exceptional mixed-use investment opportunity encompasses two properties located at 909 and 911 West Hillsborough Avenue in Tampa, Florida, 33603. The combined properties offer a total of 1,464 square feet of building area situated on a sizable 0.24-acre lot (10,471 square feet total). The main building, 909 West Hillsborough Avenue, is a two-story, six-room house constructed in 1947, featuring 1,464 square feet and includes a detached one-car garage and a detached hurricane shelter. The adjacent property, 911 West Hillsborough Avenue, is a 4,966 square foot corner lot. Both properties are zoned for General Commercial use, presenting significant potential for various business ventures. This prime location on one of Tampa's busiest thoroughfares ensures high visibility and accessibility. The asking price is $650,000, translating to $444 per square foot. The property is currently vacant, offering immediate occupancy for the new owner. Owner financing is available, making this an attractive proposition for investors seeking a flexible purchase option. The Hillsborough County APN is A-35-28-18-3H3-000005-00006.0.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1947
Construction WOOD
Total area 1,464 SF
Lot 0.13 ac (5,485 SF)
Zoning code CG
APN A3528183H3000005000060
UPID US18-4299302

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2014
1 recorded transaction
2014
$115,000

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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