934 Henderson Ave Tampa, FL 33605
- Grocery and convenience stores
- 3,120 SF
- 0.50 lot acres
Current Use by Public Records
- Retro House Asian Bistro / Restaurant
Property Details for 934 Henderson Ave
- Year built
- 1968
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.50 lot acres
- Property size
- 3,120 SF
- Zone code
- YC-5
- Property type
- Grocery and convenience stores
- APN
- A18291951R0000000019A1
- APU
- A18291951R0000000019A1
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $970,000
- ML approach
- $1,030,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $710,000
- 6.5%
- $655,000
- 7%
- $610,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $612,000
Market price range: $298k - $612k -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $810,000 Current use
- OFFICE BUILDING
- $850,000 Change: +4% Conversion: Moderate
- MEDICAL BUILDING
- $845,000 Change: +4% Conversion: Difficult
- RETAIL STORES
- $695,000 Change: -15% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.4504
- Latitude
- 27.96
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
