3105 Waters AveTampa, FL 33614

  • Office properties
  • 33,810 SF
For Lease
$240/SF/YR View listing

Property Details for 3105 Waters Ave

Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.44 AC
Property size (Sq ft)
33,810 SF
Zone code
CN
Property type
Office properties
Property subtype
Office buildings
APN
U22281815E000000000082
APU
U22281815E000000000082

Description

This three-story, 32,664 square foot medical office building in Tampa, Florida, presents a unique opportunity. Situated on 1.44 acres at 3105 W Waters Ave, 33614, this Class C building offers multiple tenancy options, ranging from 1,192 to 10,888 contiguous square feet. The entire third floor (10,888 sq ft) is available, or it can be subdivided into smaller suites of approximately 5,483, 2,742, and 2,749 square feet. Units are delivered in shell condition, allowing for complete build-outs tailored to tenant specifications, including offices, conference rooms, and waiting/reception areas. The building boasts 108 parking spaces and features 10-foot ceilings. Its convenient location on Waters Avenue provides easy access to Tampa International Airport and the Westshore Business District, with excellent visibility and pylon signage. The property benefits from proximity to major roadways, including the Veterans Expressway, Dale Mabry Highway, and I-275, as well as numerous retail and dining options. The Hillsborough County zoning is CN. The APN is U-22-28-18-15E-000000-00008.2. This property is ideal for medical practices or other professional businesses seeking modern, flexible space in a prime Tampa location. Elevators are available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,690,851
    6.5%
    $8,945,401
    7%
    $8,306,444
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,174,720
    Geo Method
    $6,174,720
  • Alternative Use

    Use
    Valuation
    Residential
    $11,092,298
    Hospitality
    $10,160,485
    Educational
    $8,453,404
    Medical
    $8,744,130
    Retail
    $13,149,740
3105 Waters Ave, Tampa, Florida

Location Insight

City
Tampa
County
Hillsborough
State
Florida
Latitude
28.0258
Longitude
-82.4931
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
$48,825
$1,060,898
$1,694,002
$2,754,900
-
$1,060,898
$1,694,002
$2,754,900

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