888 Executive Center DrSt. Petersburg, FL 33702

  • Office buildings
  • 73,036 SF

Property Details for 888 Executive Center Dr

Year built
1986
Construction
CONCRETE
Lot size
11.35 AC
Property size (Sq ft)
73,036 SF
Property type
Office buildings
APN
19-30-17-47069-001-0010
APU
193017470690010010

Description

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

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
$147,204
-
-
$7,800,000
-
$1,610,857
$6,189,143
$7,800,000

FAQs

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