This exceptional executive office space, located at 888 Executive Center Dr W in St. Petersburg, Florida's Gateway submarket, offers a prime opportunity for businesses seeking flexible and modern accommodations. The Baypoint | Baker Building, a 73,036 square foot building constructed in 2000, boasts a recent multi-million dollar renovation. The property sits on an expansive 11.355-acre lot and provides ample parking with a 5/1000 space ratio. Multiple tenancy options are available, with spaces ranging from a minimum of 2,770 square feet to a maximum contiguous space of 24,835 square feet. Currently, there are 52,347 square feet of vacant space ready for immediate occupancy. The building is equipped with elevators for convenient access to all floors. Its location in Pinellas County, within the desirable Gateway submarket, offers excellent accessibility and visibility. This renovated office building presents a unique opportunity to establish a presence in a thriving business community. The property's size and flexible space options cater to a wide range of business needs, from small startups to larger corporations. The extensive renovations ensure a modern and efficient workspace, making it an attractive option for companies seeking a high-quality office environment in the Tampa Bay area. Contact us today to learn more about leasing opportunities.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$16,651,304
6.5%
$15,370,434
7%
$14,272,546
Comparable approach
Method
Valuation
Relative Method
$8,980,208
Geo Method
$8,980,208
Alternative Use
Use
Valuation
Residential
$19,059,338
Hospitality
$17,458,252
Educational
$14,525,060
Medical
$15,024,599
Retail
$22,594,538
Location Insight
City
Saint Petersburg
County
Pinellas
State
Florida
Latitude
27.8593
Longitude
-82.6453
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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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.
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