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Investment Highlights

  • Existing structures include a primary retail/service building, metal storage sheds, and a residential unit.
  • Located near major routes with convenient access to I-275, providing strong customer and commuter connectivity.
  • CI zoning allows a broad mix of commercial uses, including retail, automotive, and service-oriented businesses.

Executive Summary

Positioned on a highly visible corner along North Florida Avenue, this 0.51-acre commercial site offers exceptional exposure with frontage on a major traffic corridor in Tampa. The property consists of four combined lots with improvements that include a main retail/auto service building, multiple covered metal structures for outdoor storage or workshop use, and a single-family residential structure. With CI zoning, the site supports a wide range of commercial and mixed-use redevelopment possibilities.
Accessible from key thoroughfares including I-275 and Busch Blvd, the location is within a dense urban trade area offering significant traffic counts and strong connectivity to downtown Tampa and surrounding neighborhoods. Existing infrastructure includes dedicated parking, pylon signage, and a signalized intersection to maximize access and visibility for future operations. This is an attractive opportunity for investors or owner-users seeking a rare assemblage with redevelopment flexibility in a growing Tampa submarket.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $106,400 $83.39
Other Income - -
Vacancy Loss - -
Effective Gross Income $106,400 $83.39
Taxes $45,000 $35.27
Operating Expenses - -
Total Expenses $45,000 $35.27
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $106,400
Annual Per SF $83.39
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $106,400
Annual Per SF $83.39
Taxes
Annual $45,000
Annual Per SF $35.27
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $45,000
Annual Per SF $35.27
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,276 SF
Building Class
C
Year Built
1956
Price
$2,300,000
Price Per SF
$1,802.51
Cap Rate
4%
NOI
$92,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.03
Lot Size
1.00 AC
Zoning
CI - Commercial Intensive
Parking
12 Spaces (9.4 Spaces per 1,000 SF Leased)

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signalized Intersection

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Bj's Custom Auto Upholstery
  • Retailer
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Bj's Custom Auto Upholstery Retailer - - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100

Nearby Major Retailers

Rent-A-Center
Planet Fitness
CrossFit
Key Food
Walmart Neighborhood Market
VyStar Credit Union
Checkers

Property Taxes

Property Taxes

Parcel Number
A-24-28-18-3EN-000003-00001.0
Land Assessment
$347,430
Improvements Assessment
$167,970
Total Assessment
$515,400
Annual Taxes
$45,000 ($35.27/SF)
Tax Year
2025
  • Listing ID: 41082463

  • Date on Market: 6/27/2026

  • Last Updated:

  • Address: 8624 N Florida Ave, Tampa, FL 33604

Contact the Sale Advisor

8624 N Florida Ave

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