DISTRESSED RETAIL PROPERTY IN TAMPA
Banks often refer to their foreclosed bank owned properties as REO (Real Estate Owned Properties)
This page is intended to give you an overview of Bank Owned Retail Properties (REO Retail Properties) in the Tampa and Tampa Bay market
Typically Bank owned REO and Short Sale properties are offered at lower than market prices, but they are not always the only bargain properties available. Short Sale Retail properties may be available where lenders allow a property to be sold for less thatn the maorgage balance. Additionally there may be properties owned by individuals who are under pressure to sell their property and such properties may also offered at below market prices . These properties may be categorized as regular market properties and therefore do not appear on the Tampa Bank Owned Tampa Retail Property List, Tampa Retail Property REO List or Tampa Short Sale Office Retail List below.
If you are looking to purchase any Retail property in the Tampa area, whether it be a Bank Owned Retail property, Distressed Retail property or a regular Retail property, please contact us. We will be glad to help
Below is a list of Bank Owned properties currenlty avaialble on the market
| Bank Owned | Jul-11 | |||
| Location | Use | sf | Price | Price/sf |
| Tampa | Car Wash | 3112.0 | 750,000 | $241 |
| St Petersburg | Retail | 1438.0 | 110,500 | $77 |
| Largo | Retail | 3150.0 | 289,000 | $92 |
| Dade City | Strip Center | 6000.0 | 409,000 | $68 |
| Port Richey | Retail | 8902.0 | 359,000 | $40 |
| Holiday | Retail | 1175.0 | 129,000 | $110 |
| Palm Harbor | Restaurant | 9639.0 | 1,300,000 | $135 |
| Tampa | Retail | 5337.0 | 399,000 | $75 |
| PinellasPark | Retail | 9161.0 | 500,000 | $55 |
| Tampa | Retail | 6205.0 | 365,000 | $59 |
| Largo | Auto | 1820.0 | 150,000 | $82 |
| Clearwater | Retail | 768.0 | 60,000 | $78 |
| Tampa | Retail | 1299.0 | 165,000 | $127 |
| New Port Richey | Retail | 3742.0 | 275,000 | $73 |
| Weighted Av. | 61748.0 | 5,260,500 | $85 | |
The above is an overview. Property availability changes on a daily basis.
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