5908 Breckenridge PkwyTampa, FL 33610

Property Details for 5908 Breckenridge Pkwy

Year built

1983

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.95 AC

Property size (Sq ft)

40,780 SF

Zone code

CI

Property type

Office buildings

APN

U3628191MD000001B00000

APU

U3628191MD000001B00000

Description

This exceptional 40,780-square-foot office building presents a unique owner-user opportunity in Tampa, Florida. Strategically located at 5908 Breckenridge Parkway, this property boasts convenient access to Interstate 4 and Highway 301, ensuring seamless connectivity throughout the region. The building features a blend of creative and traditional office spaces, perfectly suited for a headquarters operation. Currently occupied, the property includes substantial built-out office areas, multiple conference rooms, and dedicated distribution zones. A significant asset is the nearly 5,000-square-foot warehouse component, equipped with high and low docks, two dock doors, a loading ramp, and impressive 15-18 foot clear height ceilings. The building's infrastructure is well-maintained, with 20 HVAC units replaced between 2016 and 2019, along with a fully functional sprinkler and alarm system. Situated on a generous 6.13-acre lot, the property benefits from dual ingress/egress points from Highway 301, enhancing operational efficiency and accessibility. The property is zoned for general commercial use, offering flexibility for future expansion or adaptation. This turnkey solution combines modern office space with substantial warehouse capacity, making it an ideal investment for businesses seeking a prominent Tampa location. The asking price is $7,499,000.

• CAP approach

  CAP return

  Valuation

  6%

  $8,419,175

  6.5%

  $7,771,546

  7%

  $7,216,436

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,447,652

  Geo Method

  $7,447,652

• Alternative Use

  Use

  Valuation

  Residential

  $9,636,717

  Hospitality

  $8,827,181

  Educational

  $7,344,110

  Medical

  $7,596,686

  Retail

  $11,424,172

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

28.0019

Longitude

-82.3601

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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