701 94Th AveSt. Petersburg, FL 33702

Property Details for 701 94Th Ave

Year built

1982

Construction

CONCRETE BLOCKS

Lot size

3.75 AC

Property size (Sq ft)

43,350 SF

Property type

Office properties

Property subtype

Office buildings

APN

19-30-17-47065-001-0010

APU

193017470650010010

Description

This exceptional executive office space, located at 701 94th Ave N in St. Petersburg, Florida, offers a unique opportunity for businesses seeking a prestigious address in the Gateway submarket of Pinellas County. The property, part of the Bay Point Commerce Center, boasts a recently completed multi-million dollar renovation and modernization, ensuring a contemporary and efficient workspace. The building comprises 43,350 square feet across 15 buildings, with a total of two suites currently available. Flexible space options range from a minimum of 2,090 square feet to a maximum contiguous space of 7,201 square feet, catering to a variety of business needs. Currently, 9,291 square feet are vacant and ready for immediate occupancy. The property sits on a generous 3.642-acre lot and provides ample parking with a 5/1000 SF parking ratio. This prime location in the 33702 zip code offers easy access to major transportation routes and amenities, making it an ideal choice for businesses seeking a thriving and convenient location in the Tampa Bay area. The building's modern design and updated amenities create a professional and productive environment for employees. This is an excellent opportunity to secure high-quality office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $11,422,967

  6.5%

  $10,544,277

  7%

  $9,791,114

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,912,756

  Geo Method

  $5,912,756

• Alternative Use

  Use

  Valuation

  Residential

  $13,074,903

  Hospitality

  $11,976,541

  Educational

  $9,964,342

  Medical

  $10,307,031

  Retail

  $15,500,087

Location Insight

City

Saint Petersburg

County

Pinellas

State

Florida

Latitude

27.858

Longitude

-82.6429

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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