2119 Cass StTampa, FL 33606

Property Details for 2119 Cass St

Year built

1938

Construction

WOOD

Lot size

0.11 AC

Property size (Sq ft)

1,755 SF

Zone code

CG

Property type

Office buildings

APN

A2329184Q9000005000150

APU

A2329184Q9000005000150

Description

This exceptional 2,550-square-foot creative office building, located in Tampa's vibrant NoHo district, presents a unique investment opportunity. Built in 1938 and extensively renovated in 2016, this Class B property boasts a prime location surrounded by thriving restaurants, retail, and residential developments. The two-story building sits on a 5,000-square-foot lot and is zoned CG, offering versatility for a range of professional uses. Ideal for firms in professional services, real estate, title, engineering, or architecture, the space includes three full bathrooms and a kitchen, making it suitable for live/work arrangements. On-site parking accommodates 5-6 vehicles, supplemented by ample street parking. The asking price is $750,000. This property offers a blend of historic charm and modern functionality in a rapidly developing area, making it an attractive investment prospect. The building's 2,550 square feet of net rentable space provides ample room for a growing business. Its central location within the NoHo district ensures high visibility and easy access to a diverse range of amenities and services. The property's zoning allows for a variety of uses, providing flexibility for future expansion or adaptation.

• CAP approach

  CAP return

  Valuation

  6%

  $662,385

  6.5%

  $611,432

  7%

  $567,758

• Comparable approach

  Method

  Valuation

  Relative Method

  $320,516

  Geo Method

  $320,516

• Alternative Use

  Use

  Valuation

  Residential

  $758,176

  Hospitality

  $694,485

  Educational

  $577,803

  Medical

  $597,675

  Retail

  $898,805

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9501

Longitude

-82.4825

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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