4848 Gandy BlvdTampa, FL 33611

Property Details for 4848 Gandy Blvd

Year built

1983

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Property size (Sq ft)

568 SF

Zone code

CG

Property type

Office properties

APN

A0830183XLC00000000140

APU

A0830183XLC00000000140

Description

This 650-square-foot office space, located at 4848 W Gandy Blvd in Tampa, Florida, 33611, offers a versatile layout ideal for various business needs. Situated in the Marina Point district, at the corner of Gandy and Westshore, this property provides easy access to downtown Tampa and St. Petersburg. The space is a Class B, two-story building constructed in 1983 and features five rooms, two of which are exceptionally large. A kitchenette/breakroom, reception area, and two multi-stall bathrooms add to the functionality. The unit boasts ample storage and a great layout. Currently configured as a meditation/therapy studio, its adaptability makes it suitable for a wide range of office uses. This upstairs unit includes a private stairwell and benefits from ample parking. The location offers proximity to waterfront attractions such as the Westshore Marina District, Salt Shack, and Hulu Bay. While listed as approximately 2000 sq ft, the actual square footage is 650 sq ft and should be verified by the prospective tenant. Utilities are tenant expense. The property is a single-tenant space within a larger building.

• CAP approach

  CAP return

  Valuation

  6%

  $221,247

  6.5%

  $204,228

  7%

  $189,641

• Comparable approach

  Method

  Valuation

  Relative Method

  $103,734

  Geo Method

  $103,734

• Alternative Use

  Use

  Valuation

  Residential

  $253,243

  Hospitality

  $231,969

  Educational

  $192,996

  Medical

  $199,633

  Retail

  $300,216

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.8927

Longitude

-82.5273

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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