This exceptional 3,176-square-foot medical office building presents a unique investment opportunity in St. Petersburg, Florida. Located at 5720 4th Street N, 33703, this single-tenant property sits on a sizable 12,885-square-foot lot, offering ample space and visibility. Built in 1948, the one-story building boasts a convenient location on a hard corner with excellent ingress and egress. The property benefits from high traffic volume, with a daily count of 38,500 vehicles passing by, ensuring significant exposure for any business. Its strategic placement within a desirable Tampa Bay neighborhood guarantees access to a strong customer base. The building provides five parking spaces, offering convenient parking for patients and staff. This freestanding structure is currently available for lease at a below-market rate, presenting a compelling opportunity for a tenant willing to complete build-out. The property's classification includes retail and office space, making it suitable for a variety of medical practices or related businesses. The property's size and location make it an ideal choice for a medical practice seeking a prominent presence in a high-traffic area. This is a rare chance to secure a well-positioned medical office building at an attractive lease rate. Don't miss this opportunity to establish your practice in a thriving community.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$667,126
6.5%
$615,808
7%
$571,822
Comparable approach
Method
Valuation
Relative Method
$685,337
Geo Method
$685,337
Alternative Use
Use
Valuation
Residential
$672,284
Hospitality
$615,808
Educational
$512,345
Medical
$529,965
Retail
$796,981
Location Insight
City
Saint Petersburg
County
Pinellas
State
Florida
Latitude
27.8241
Longitude
-82.639
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Learn more
Useful Information
Request information
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.