7855 38Th AveSt. Petersburg, FL 33710

Property Details for 7855 38Th Ave

Year built

2003

Construction

CONCRETE BLOCKS

Lot size

0.72 AC

Property size (Sq ft)

6,864 SF

Property type

Office buildings

APN

01-31-15-43695-001-0010

APU

13115436950010010

Description

This exceptional 1,517-square-foot medical office space is located in a prime St. Petersburg, Florida location at 7855 38th Ave N, offering high visibility and ample parking. Situated in a Class B building constructed in 2003, this single-tenant space is part of a larger medical complex boasting 287 feet of frontage on 38th Ave N, experiencing a daily traffic count of 17,900 vehicles. The property features a dedicated walkway and entrance, ensuring a professional and exclusive atmosphere for clients. The building itself comprises 5,347 square feet on a 0.72-acre lot, with a total of 40 parking spaces. The space is a "warm shell" build-to-suit, offering flexibility for tenant improvements, with potential tenant improvement (TI) allowances available depending on lease terms. Its convenient location, just one mile from HCA Florida St. Petersburg Hospital and two miles from Tyrone Square Mall, places it within a thriving commercial and residential area. The property is zoned CRS-1 and has a Pinellas County APN of 01-31-15-43695-001-0010. This single-story building offers a unique opportunity for medical professionals seeking a highly visible and easily customizable space in a desirable location. Electric power is available. The property is in the Tampa/St. Pete submarket and has a Pinellas County address with a 33710 zip code.

• CAP approach

  CAP return

  Valuation

  6%

  $1,338,123

  6.5%

  $1,235,190

  7%

  $1,146,962

• Comparable approach

  Method

  Valuation

  Relative Method

  $756,962

  Geo Method

  $756,962

• Alternative Use

  Use

  Valuation

  Residential

  $1,531,636

  Hospitality

  $1,402,970

  Educational

  $1,167,255

  Medical

  $1,207,398

  Retail

  $1,815,730

Location Insight

City

Saint Petersburg

County

Pinellas

State

Florida

Latitude

27.8067

Longitude

-82.7472

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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