5405 Cypress StTampa, FL 33607

  • Office properties
  • 69,375 SF
For Lease

Property Details for 5405 Cypress St

Year built
1983
Construction
STEEL FRAME
Lot size
3.17 AC
Property size (Sq ft)
69,375 SF
Zone code
M-AP-2
Property type
Office properties
Property subtype
Office buildings
APN
A1829183K0000000000030
APU
A1829183K0000000000030

Description

Corporate Oaks Business Park, Building 1, offers a prime opportunity in Tampa's Westshore submarket. This 60,832 square foot Class B office building features a traditional office layout and currently has three available suites totaling 20,277 square feet. The property is located at 5405 W Cypress St, Tampa, FL 33607, providing convenient access to major roadways and ample parking for tenants and clients. The building boasts modern architecture and well-maintained grounds with professional landscaping, creating a welcoming and professional atmosphere. The interior spaces are designed for flexibility and efficiency, making them suitable for a variety of businesses, from corporate headquarters to smaller office spaces. This exceptional Tampa property offers a distinguished setting with all the amenities needed for business success. The multiple tenancy structure allows for diverse occupancy options. The property's location in the desirable Westshore submarket ensures high visibility and accessibility. This is an excellent opportunity to establish or expand your business in a thriving Tampa location. Contact us today to learn more about the available suites and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,796,636
    6.5%
    $11,812,280
    7%
    $10,968,545
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,669,956
    Geo Method
    $12,669,956
  • Alternative Use

    Use
    Valuation
    Residential
    $14,647,227
    Hospitality
    $13,416,781
    Educational
    $11,162,604
    Medical
    $11,546,503
    Retail
    $17,364,052
5405 Cypress St, Tampa, Florida

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
27.953
Longitude
-82.5362
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$199,256
$1,830,538
$8,264,562
$10,095,100
-
$1,830,538
$8,264,562
$10,095,100

FAQs

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