3860 Tampa RdOldsmar, FL 34677

Property Details for 3860 Tampa Rd

Year built

2009

Construction

CONCRETE BLOCKS

Lot size

1.21 AC

Property size (Sq ft)

10,220 SF

Property type

Retail properties

Property subtype

Strip malls

APN

23-28-16-74402-001-0010

APU

232816744020010010

Description

Pinewood Plaza offers a 3,500 square foot retail space available for lease. Located at 3860 Tampa Road in Oldsmar, Florida (Pinellas County, zip code 34677), this property is part of a larger 10,069 square foot building constructed in 2009. The building sits on 1.21 acres of land and features a single story with five total suites. This particular space is a second-generation medical inline suite, offering significant potential for various retail uses. The property boasts two points of ingress and egress, ensuring convenient access for customers and employees. Ample parking is available for tenants and their patrons. High visibility is guaranteed due to its location at a signalized intersection across from a Walmart, ensuring significant traffic exposure on Tampa Road. Furthermore, pylon signage opportunities are available, enhancing the marketing potential of the space. The property's strategic location is further enhanced by its proximity to SR-580, a major thoroughfare connecting Clearwater and Tampa, providing easy access to a large customer base. The property's APN is 23-28-16-74402-001-0010.

• CAP approach

  CAP return

  Valuation

  6%

  $3,115,783

  6.5%

  $2,876,108

  7%

  $2,670,671

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,840,195

  Geo Method

  $2,840,195

• Alternative Use

  Use

  Valuation

  Residential

  $2,426,104

  Hospitality

  $2,222,298

  Educational

  $1,848,926

  Medical

  $1,912,514

  Retail

  $2,876,108

Location Insight

City

Oldsmar

County

Pinellas

State

Florida

Latitude

28.0414

Longitude

-82.673

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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