4244 Linebaugh AveTampa, FL 33624
- Healthcare properties
- 5,290 SF
Property Details for 4244 Linebaugh Ave
- Year built
- 2005
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.12 AC
- Property size (Sq ft)
- 5,290 SF
- Zone code
- PD
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- U212818ZZZ000000937905
- APU
- U212818ZZZ000000937905
Description
This exceptional 5,050 square foot office condo, built in 2005, presents a compelling investment opportunity in Tampa, Florida. Situated on a 0.12-acre lot in the Crown Pointe Professional Center, this meticulously maintained Class C property boasts 20 parking spaces and is zoned PD. The building comprises two units: Suite A, a vacant 2,500 square foot space ideal for various professional businesses, features a reception area, spacious waiting area, seven perimeter offices, a large open area, break room, and two ADA-compliant restrooms. Suite B, a 2,550 square foot unit currently occupied by a 25-year-established Periodontics/Endodontics practice (sold separately), is in impeccable condition and includes a reception and waiting area, two private offices (each with a private bathroom), two ADA restrooms, a lab room, seven exam rooms, and a spacious breakroom. The property's strategic location on W Linebaugh Avenue offers convenient access to Tampa International Airport, I-275, the Veteran's Expressway, Dale Mabry Highway, and Busch Boulevard. The asking price is $1,400,000, translating to $277.23 per square foot. Occupancy is available September 30, 2024. This property offers significant potential for increased rental income and represents a strong investment opportunity in a rapidly growing area. The property's APN is U-21-28-18-ZZZ-000000-93790.5.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $975,772
- 6.5%
- $900,713
- 7%
- $836,376
-
Comparable approach
- Method
- Valuation
- Relative Method
- $966,113
- Geo Method
- $966,113
-
Alternative Use
- Use
- Valuation
- Residential
- $1,116,884
- Hospitality
- $1,023,060
- Educational
- $851,174
- Medical
- $880,447
- Retail
- $1,324,048
Location Insight
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Latitude
- 28.0392
- Longitude
- -82.5126
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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