3010 138Th AveTampa, FL 33613

Property Details for 3010 138Th Ave

Year built

1985

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.53 AC

Property size (Sq ft)

29,496 SF

Zone code

SPI-UC-2

Property type

Medical offices

Property subtype

Medical centers

APN

U052819ZZZ000001264100

APU

U052819ZZZ000001264100

Description

This exceptional three-story medical office building, totaling 22,279 square feet, presents a unique investment opportunity in Tampa, Florida. Constructed in 1982 and extensively renovated in 2014, the Class B building boasts 12-foot ceilings and ample parking with 94 spaces, including one free covered space per tenant. The property features updated interior finishes and a newly striped parking lot, complemented by a recently installed roof. A tenant improvement allowance is available. Currently, one suite of 4,354 square feet is available for lease. The building's strategic location offers unparalleled convenience, situated within walking distance of AdventHealth Tampa, a full-service hospital with a recently completed $256 million surgical tower. Its proximity to other major medical facilities, including the University of South Florida, Moffitt Cancer Center, the VA Hospital, and Shriners Healthcare, further enhances its appeal. The building enjoys excellent visibility, positioned just east of the signalized intersection of 138th Avenue and Bruce B Downs Boulevard, in the 33613 zip code. This property represents a compelling opportunity for medical professionals seeking a well-maintained, conveniently located space in a thriving healthcare hub.

• CAP approach

  CAP return

  Valuation

  6%

  $5,954,825

  6.5%

  $5,496,762

  7%

  $5,104,136

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,386,854

  Geo Method

  $5,386,854

• Alternative Use

  Use

  Valuation

  Residential

  $6,815,984

  Hospitality

  $6,243,405

  Educational

  $5,194,440

  Medical

  $5,373,084

  Retail

  $8,080,240

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

28.0734

Longitude

-82.4242

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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