722 Bowing Oak DrBrandon, FL 33511

Property Details for 722 Bowing Oak Dr

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.20 AC

Property size (Sq ft)

20,850 SF

Zone code

PD

Property type

Healthcare properties

Property subtype

Medical offices

APN

U272920ZZZ000002646500

APU

U272920ZZZ000002646500

Description

Bowing Oak Medical Center, located at 722 Bowing Oak Dr, Brandon, FL 33511, offers a prime opportunity for medical or professional office users. This two-story, 20,400 square foot Class B building, constructed in 1988, features multiple suites available for lease, ranging from 2,500 to 7,380 square feet. A significant advantage is the building's prominent marquee sign and ample parking. Currently, two suites are prominently featured. The ground floor offers a fully built-out 6,500 square foot medical clinic, complete with an oversized waiting area, exam rooms equipped with sinks, and a large space previously utilized for physical therapy. For those seeking a customizable space, the second floor presents a 7,000 square foot shell space, divisible to accommodate various tenant needs. This allows for complete design flexibility to perfectly match a tenant's specific requirements. The property is situated in Hillsborough County and provides easy access for patients and clients. This exceptional medical office building presents a rare opportunity to secure a well-located and versatile space in a thriving Brandon community.

• CAP approach

  CAP return

  Valuation

  6%

  $4,304,556

  6.5%

  $3,973,436

  7%

  $3,689,619

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,807,836

  Geo Method

  $3,807,836

• Alternative Use

  Use

  Valuation

  Residential

  $4,927,061

  Hospitality

  $4,513,162

  Educational

  $3,754,897

  Medical

  $3,884,034

  Retail

  $5,840,951

Location Insight

City

Brandon

County

Hillsborough

State

Florida

Latitude

27.9286

Longitude

-82.2887

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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