501 Jackson StTampa, FL 33602

  • Office properties
  • 17,831 SF
For Lease
$456/SF/YR View listing

Property Details for 501 Jackson St

Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.16 AC
Property size (Sq ft)
17,831 SF
Zone code
CBD-1
Property type
Office properties
Property subtype
Office buildings
APN
A2429184ZI000083000020
APU
A2429184ZI000083000020

Description

This exceptional 3,137 square foot single-tenant executive office space is ideally situated on the ground floor in the heart of Downtown Tampa's Central Business District -1. Boasting a highly visible storefront with 10-12 foot ceilings, this property benefits from exceptional foot traffic exceeding 9,000 AADT. Located at the corner of Jackson and Marion Streets, across from the new Hyatt Place hotel, the space enjoys abundant natural light and prominent street visibility. Its proximity to popular restaurants, shops, and local attractions, including the courthouse, Amalie Arena, Tampa Convention Center, Channelside, and Water Street, ensures high visibility and accessibility. The space is perfect for a variety of uses, including retail, cafes, boutiques, banks, or professional services. Convenient access to public transportation and proximate pay lots further enhance its appeal. Modern amenities include a building elevator. The lease rate is $38 per square foot, NNN, plus $8 CAM. Flexible lease terms are available. This is an unparalleled opportunity to establish a thriving business in one of Tampa's most desirable locations. Immediate occupancy is possible.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,729,903
    6.5%
    $6,212,218
    7%
    $5,768,488
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,256,476
    Geo Method
    $3,256,476
  • Alternative Use

    Use
    Valuation
    Residential
    $7,703,150
    Hospitality
    $7,056,044
    Educational
    $5,870,546
    Medical
    $6,072,443
    Retail
    $9,131,961
501 Jackson St, Tampa, Florida

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
27.9474
Longitude
-82.4556
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
$33,080
$887,840
$858,160
$1,746,000
-
$887,840
$858,160
$1,746,000

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