6550 Hillsborough AveTampa, FL 33634

Property Details for 6550 Hillsborough Ave

Year built

1999

Construction

STEEL FRAME

Lot size

14.73 AC

Property size (Sq ft)

158,336 SF

Zone code

CI

Property type

Office buildings

APN

U0129170E9000000000050

APU

U0129170E9000000000050

Description

This exceptional Class A office building, located at 6550 W Hillsborough Ave, Tampa, FL 33634, offers a variety of spaces to suit your business needs. The 161,455 square foot building, constructed in 1999 and renovated in 2021, features a modern design and is situated on 14.5 acres of land. Multiple tenancy options are available, ranging from 2,504 to 41,217 contiguous square feet, with the largest space located on the third floor. A 3,131 square foot space is also available on the first floor. The building boasts a state-of-the-art cafeteria and fully operational kitchen with high-end Vulcan equipment, available for lease. Amenities include ample parking with electric vehicle charging stations, a brand new fitness center, a pickleball court, a tranquil outdoor garden with seating, and a contemporary lounge area. The building also features audiovisual displays, conference rooms, private offices, and ergonomic furniture. Its convenient location in the Westshore submarket provides easy access to Tampa International Airport and a robust workforce. The building's zoning is General Commercial, and it features three stories, one building, and yes elevators. The building's floor area ratio (FAR) is 0.26, and there are approximately 8 parking spaces per 1,000 square feet. Landscaping renovations are currently underway. This is a unique opportunity to establish your business in a thriving, amenity-rich environment.

• CAP approach

  CAP return

  Valuation

  6%

  $45,383,336

  6.5%

  $41,892,312

  7%

  $38,900,004

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,916,904

  Geo Method

  $28,916,904

• Alternative Use

  Use

  Valuation

  Residential

  $51,946,468

  Hospitality

  $47,582,684

  Educational

  $39,588,236

  Medical

  $40,949,736

  Retail

  $61,581,700

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

27.9949

Longitude

-82.5534

CBSA code

45300

CBSA name

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

Property Tax & Assessments

FAQs

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