13246 38Th StClearwater, FL 33762

Property Details for 13246 38Th St

Year built

1983

Construction

CONCRETE BLOCKS

Lot size

0.67 AC

Property size (Sq ft)

8,115 SF

Property type

Office buildings

APN

10-30-16-93373-000-0100

APU

103016933730000100

Description

This 8,500-square-foot Class B office building in Clearwater, Florida, offers flexible lease options. Built in 1983, this two-story building features 27 parking spaces with recently resealed and striped lot, providing ample parking for tenants and visitors. The property boasts newer HVAC units and is conveniently located one block south of Ulmerton Road on 131st Ave N, offering easy access to major roadways. The first floor comprises five executive offices, a reception area, and a conference room with abundant natural light. A separate, leasable west wing on the first floor includes three large rooms (previously used as training rooms), its own ADA-compliant entrance, bathroom, and break room. The second floor, also accessible via a separate entrance and leasable independently, offers six executive offices, an open meeting room, a shared break room, and ADA-compliant restrooms. The entire 8,500 square feet is currently vacant and can be subdivided to accommodate various tenant needs. This property presents a unique opportunity for businesses seeking a well-maintained, adaptable office space in a desirable Clearwater location. The building's layout allows for a variety of configurations, making it suitable for a single large tenant or multiple smaller tenants. The ample parking and convenient location make this an attractive option for employees and clients alike. The building's recent improvements, including the parking lot resurfacing and HVAC upgrades, demonstrate a commitment to providing a high-quality workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $1,582,003

  6.5%

  $1,460,310

  7%

  $1,356,002

• Comparable approach

  Method

  Valuation

  Relative Method

  $894,922

  Geo Method

  $894,922

• Alternative Use

  Use

  Valuation

  Residential

  $1,810,785

  Hospitality

  $1,658,669

  Educational

  $1,379,993

  Medical

  $1,427,453

  Retail

  $2,146,656

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Latitude

27.8923

Longitude

-82.6856

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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