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Property profile & analytics
OFF-MARKET Estimated value $975,000
Grocery and convenience stores

934 Henderson Ave Tampa, FL 33605-4800

3,120 SF 0.5 ac lot Built 1968
Entity Owned 3-yr Hold Free & Clear
Property ID
US18-4491601
Property summary
AI-generated overview

This 3,120 square foot retail space is located at 934 E Henderson Ave in Tampa, Florida, 33605. The property is zoned YC-5 and features a single-tenant occupancy. It's situated on a high-traffic corner, boasting over 10,700 vehicles per day on nearby Nebraska Avenue and 7th Avenue, offering incredible signage opportunities in three directions. The space is ideal for a convenience store or other retail use and includes existing shelving and coolers that can be utilized by a new tenant. Ample on-site parking is available. The location benefits from proximity to major roadways including Interstate 275, Interstate 4, and the Selmon Expressway, as well as Downtown Tampa, Channel District, Tampa River Walk, Hyde Park, and Seminole Heights. The surrounding area is experiencing significant commercial, retail, and residential growth, with neighboring businesses including Hotel Haya, Hampton Inn and Suites, Centro Ybor, and various educational and financial institutions. This prime location offers exceptional visibility and accessibility, making it an attractive opportunity for businesses seeking to establish or expand their presence in a thriving area. The property is a single-story building.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1968
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,120 SF
Lot 0.5 ac (21,756 SF)
Zoning code YC-5
APN A18291951R0000000019A1
UPID US18-4491601
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Retro House Asian Bistro Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
$655k
Comparable Approach Comparable
$612k
Blend (final) Blend
$975k
Owner & transaction history
Palm & Nebraska LLC · 3 yrs held
Palm & Nebraska LLC
since 2022
Last sale
$950,000
4 recorded transactions
2022
$950,000
2021
$2.5M
2021
$2.8M
2017
Price N/A
Zoning & alternative use
YC-5 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $850,000 +4.4%
Medical building $845,000 +3.9%
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