1121 Twiggs StTampa, FL 33602
- Office properties
- 21,761 SF
Property Details for 1121 Twiggs St
- Year built
- 1925
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.44 AC
- Property size (Sq ft)
- 21,761 SF
- Zone code
- CD-1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- A1929194WY000001000060
- APU
- A1929194WY000001000060
Description
This historic Tampa office building, located at 1121 E Twiggs St, offers multiple creative office suites for lease. The property boasts 20,969 square feet across three buildings and four stories, with a minimum divisible space of 2,500 square feet and a maximum contiguous space of 3,500 square feet. Built in 1925 and renovated in 1995, the Class C building features 18 total parking spaces and two loading docks with two dock-high doors. The available space includes a mix of office and warehouse space. The first floor offers approximately 3,500 square feet, the second floor approximately 2,500 square feet, and the fourth floor approximately 2,600 square feet. The third floor is currently leased on a month-to-month basis and offers approximately 3,200 square feet. Two warehouse spaces are also available, one measuring approximately 1,824 square feet and the other approximately 3,300 square feet. The property sits on a 0.44-acre lot in the desirable Channelside submarket of Downtown Tampa (zip code 33602), zoned CG. Annual property taxes are $2.56 per square foot. The building is served by electric power. This unique property offers a blend of historic charm and modern functionality, ideal for a variety of businesses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $8,213,192
- 6.5%
- $7,581,408
- 7%
- $7,039,878
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,974,212
- Geo Method
- $3,974,212
-
Alternative Use
- Use
- Valuation
- Residential
- $9,400,945
- Hospitality
- $8,611,215
- Educational
- $7,164,430
- Medical
- $7,410,826
- Retail
- $11,144,669
Location Insight
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Latitude
- 27.952
- Longitude
- -82.4475
- 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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