Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    927 S Howard Ave Tampa, FL 33606
    Back to Search
    Property profile & analytics

    927 S Howard Ave, Tampa, FL 33606

    View on Map
    • Strip malls
    • 18,629 SF
    • 0.28 lot acres
    For Lease
    $255,750 SF/Yr
    View Listing →
    Restaurant Space in SOHO Tampa For Lease
    $255,750 SF/Yr
    18,629 SF

    Restaurant Space in SOHO Tampa

    Restaurant space available in Tampa's vibrant SOHO area.

    927 S HOWARD AVENUE, Tampa, FL 33606
    View Listing
    Property ID
    US18-3359957
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cinnaholic / Bakery / Specialty Food Shop
    • GFC Valuation / Real Estate Agency

    Property Details for 927 S Howard Ave

    Year built
    1920
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.28 lot acres
    Zone code
    CG
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    A2629183OM000000000010
    APU
    A2629183OM000000000010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 9, 2019 $100 Soho Square Group LLC S & S Property Group LLC Quit Claim Deed · related —
    Feb 3, 2017 $2,700,000 S & S Property Group LLC Howard Ave Properties LLC Warranty Deed —
    Feb 10, 2004 — Howard Avenue Property INC Sanchez,hugo & Angela Quit Claim Deed · related —

    Description

    This exceptional restaurant opportunity is located in Tampa's vibrant SOHO district at 927 S Howard Ave, 33606, within Hillsborough County, Florida. The property boasts a spacious 4,650 square feet of vacant space within a larger 18,629 square foot building, perfect for a first-generation restaurant build-out. The open floor plan is adaptable to various dining concepts, from casual to fine dining. Ample parking is available on-site, supplemented by convenient street parking. The building features robust electrical service, including one 400-amp and one 200-amp service. This single-tenant space is situated in a thriving area known for its dining and entertainment scene, surrounded by luxury condominiums and high-value single-family homes (median price $850,000). The location offers excellent visibility and accessibility, making it an ideal spot to establish a successful restaurant business. The property is a blank canvas, ready for your vision and design. This is a rare opportunity to secure a prime location in a highly desirable Tampa neighborhood. The building is a two-story structure, with the restaurant space on the ground floor.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4833
    Latitude
    27.934
    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
    $37,748
    $727,560
    $1,410,246
    $2,137,806
    -
    $727,560
    $1,410,246
    $2,137,806

    Comparable in this City

    • Value Estimation
      $1,065,000
      5,880 SF

      609 Howard Ave

      SHOPPING CENTER, STRIP CENTER
      609 Howard Ave, Tampa, FL 33606-2412
      View Details
    • Value Estimation
      $760,000
      5,250 SF

      612 Platt St

      SHOPPING CENTER, STRIP CENTER
      612 Platt St, Tampa, FL 33606-2248
      View Details
    • Value Estimation
      $4,735,000
      4,992 SF

      2121 Kennedy Blvd

      SHOPPING CENTER, STRIP CENTER
      2121 Kennedy Blvd, Tampa, FL 33606-1534
      View Details
    • Value Estimation
      $4,435,000
      27,052 SF

      533 Howard Ave

      SHOPPING CENTER, STRIP CENTER
      533 Howard Ave, Tampa, FL 33606-2063
      View Details
    • Value Estimation
      $820,000
      5,644 SF

      219 Packwood Ave

      SHOPPING CENTER, STRIP CENTER
      219 Packwood Ave, Tampa, FL 33606-1879
      View Details
    • Value Estimation
      $10,095,000
      71,677 SF

      1602 Snow Ave

      SHOPPING CENTER, STRIP CENTER
      1602 Snow Ave, Tampa, FL 33606-2837
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,794 SF

      South Tampa Office/Retail Condo

      Modern condo unit suitable for office or retail use.
      142 W Platt St, Tampa, FL 33606
      View Details
    • Contact for pricing

      South Tampa Office Building

      2,228 SF office building in South Tampa for sale.
      2001 W Kennedy Blvd, Tampa, FL 33606
      View Details
    • Contact for pricing
      3,500 SF

      Prime SoHo Tampa Retail Space

      Retail space in prime SoHo Tampa location for sale.
      504-508 S Howard Ave, Tampa, FL 33606
      View Details
    • $1,075,000
      2,906 SF

      Hyde Park Mixed-Use Opportunity

      Mixed-use property in walkable Hyde Park neighborhood, Tampa.
      806 W De Leon St, Tampa, FL 33606
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,420 SF

      Retail Space in North Hyde Park

      New retail development in Tampa's growing North Hyde Park.
      202 N Rome Ave, Tampa, FL 33606
      View Details
    • $52 SF/Yr
      22,455 SF

      Tampa Retail/Office Space For Rent

      High-visibility retail/office space near University of Tampa and Downtown.
      830 W Kennedy Blvd, Tampa, FL 33606
      View Details
    • Contact for pricing

      North Hyde Park Location

      Located in bourgeoning North Hyde Park, across from UTampa.
      1111 W Cass St, Tampa, FL 33606
      View Details
    • Contact for pricing
      2,245 SF

      South Tampa Office/Retail Space

      Office and retail spaces available in South Tampa.
      2201 W Swann Ave, Tampa, FL 33606
      View Details
    • Contact for pricing

      Retail Spaces on Swann Avenue

      Retail spaces available in Tampa with high daytime population.
      2100 W Swann Ave, Tampa, FL 33606
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    927 S Howard Ave
    Tampa, FL 33606
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    927 S Howard Ave, Tampa, FL, 33606
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!