510 Vonderburg DrBrandon, FL 33511

Property Details for 510 Vonderburg Dr

Year built

1987

Construction

WOOD

Lot size

2.93 AC

Property size (Sq ft)

68,125 SF

Zone code

PD

Property type

Office buildings

APN

U272920ZZZ000002646800

APU

U272920ZZZ000002646800

Description

This exceptional three-story medical office building, totaling 48,922 square feet, presents a unique investment opportunity in Hillsborough County. Constructed in 1988 and renovated in 1993, the property boasts a desirable location with convenient access to Brandon Regional Hospital, I-75, and the Crosstown Expressway. The building features a striking atrium, two elevators, and 24-hour access for ultimate convenience. Ample parking is available with 65 surface spaces and 50 covered spaces, totaling 115 parking spots. Currently, there are two available suites totaling 236 square feet. Each floor offers approximately 16,307 square feet of usable space, providing flexibility for various medical practices. The building's strategic location places it within close proximity to a vibrant retail environment, including Publix, Burlington, Petsmart, Walmart Neighborhood Market, Aldi, Burger King, Subway, Wendy's, and Pizza Rock, ensuring convenience for both tenants and patients. This well-maintained property offers a blend of functionality and accessibility, making it an ideal location for medical professionals seeking a thriving practice environment. The multiple tenancy structure provides a diverse tenant base and strong potential for future growth.

• CAP approach

  CAP return

  Valuation

  6%

  $14,064,646

  6.5%

  $12,982,750

  7%

  $12,055,411

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,441,669

  Geo Method

  $12,441,669

• Alternative Use

  Use

  Valuation

  Residential

  $16,098,610

  Hospitality

  $14,746,240

  Educational

  $12,268,699

  Medical

  $12,690,638

  Retail

  $19,084,642

Location Insight

City

Brandon

County

Hillsborough

State

Florida

Latitude

27.9306

Longitude

-82.2897

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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