9200 Seminole BlvdSeminole, FL 33772

Property Details for 9200 Seminole Blvd

Year built

1982

Construction

CONCRETE BLOCKS

Lot size

1.94 AC

Property size (Sq ft)

15,200 SF

Property type

Office properties

Property subtype

Office buildings

APN

22-30-15-00000-310-0200

APU

223015000003100200

Description

This two-story, 15,200-square-foot office building in Seminole, Florida, presents a compelling investment opportunity. Built in 1982 and situated on a spacious 1.94-acre lot, the property offers ample space and flexibility. Currently vacant, this Class B building is zoned CG (Commercial General), allowing for diverse commercial uses, including traditional office, medical office, or executive office spaces. The building features 106 parking spaces, ensuring convenient access for employees and clients. With a total of 15,200 square feet of net rentable space, the property is priced at $197.30 per square foot. Its location on Seminole Boulevard boasts high visibility and accessibility, with a high average daily traffic count of 37,500 vehicles on Alternate 19. The property's size and zoning provide significant potential for future expansion or redevelopment. This is a rare opportunity to acquire a substantial commercial property in a thriving Pinellas County location. The asking price is $2,999,000. The property's address is 9200 Seminole Blvd, Seminole, FL 33772, APN 22-30-15-00000-310-0200.

• CAP approach

  CAP return

  Valuation

  6%

  $2,963,209

  6.5%

  $2,735,270

  7%

  $2,539,894

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,676,256

  Geo Method

  $1,676,256

• Alternative Use

  Use

  Valuation

  Residential

  $3,391,735

  Hospitality

  $3,106,811

  Educational

  $2,584,830

  Medical

  $2,673,726

  Retail

  $4,020,847

Location Insight

City

Seminole

County

Pinellas

State

Florida

Latitude

27.8574

Longitude

-82.7877

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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