Freestanding Medical Office on
For Sale
Contact for pricing
9387 Seminole Blvd, Seminole, FL
2,100 SF medical office building with direct frontage.
Property Size2,100 SF
Lot Size0.42 Acres
Price / SF$285.24
Days on Market549
Property Features for 9387 Seminole Blvd
General Information
Standard status
Active
Size
2,100 SF
Lot size
0.42 Acres
Property subtype
OFFICE
Lease Type
Modified Gross
Properties For Sale
at 9387 Seminole Blvd
9387 Seminole Blvd
AVAILABLE, Now
Floor
Bldg
Size
2,100 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Sublease
No
-2,100 sq ft free standing office building for lease
-Excellent parking
-Former Physical Therapy office
-Floor plan features a mix of private exam rooms and open space
-New metal roof
-High visibility
Contact us
Listing Agency:
A.R.K. Property Solutions, Inc.
(727) 796-2684
Listed By:
Benjamin Kreloff
(727) 643-2314
Source:
Moodyscre
Added: Apr 23, 2025
Changed: Oct 3
Last Checked: Oct 23 at 10:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of A.R.K. Property Solutions, Inc.
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Investment Insights
Based on property information with market context.
This is a 2,100 square foot freestanding medical office building with direct frontage on Seminole Boulevard. The office is currently used for physical therapy, but the existing tenant has outgrown the space, making it available for immediate occupancy. The property is strategically located in the heart of Pinellas County, offering accessibility, visibility, and convenience. The layout includes a waiting area, check-in/check-out area, a large open space currently used as a gym for the physical therapy office, four private exam rooms, a kitchen, a laundry room, and three bathrooms. It also features a fire alarm panel, a new metal roof, and an abundance of parking.
Key Highlights
- Free‑standing 2,100 sq ft medical office building with direct frontage on Seminole Blvd.
- Strategically located in the heart of Pinellas County, offering accessibility, visibility, and convenience.
- Immediate occupancy available.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,605
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,100
$652.1K
Cap Rate 7%
$465,786
$465.8K
Cap Rate 9%
$362,278
$362.3K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$54.7K $26.04/SF
− Vacancy
−$11.2K −$5.34/SF
EGI
$43.5K $20.70/SF
− OpEx
−$10.9K −$5.18/SF
NOI
$32.6K $15.53/SF
Area
Pinellas County, FL
Vacancy
20.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,100
Cap Rate 7%
$465,786
Cap Rate 9%
$362,278
Alternative Uses
Best Use
Office B
$465.8K
$407.6K – $543.4K
NOI $32,605 @ 7.0% cap · market cap 5.44%
Second Best
Healthcare Medical
$276.7K
$242.1K – $322.8K
NOI $19,369 @ 7.0% cap · market cap 3.23%
Theoretical Best
Office A
$546.2K
$478.0K – $637.3K
NOI $38,236 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - 2,100 SF medical office building with direct frontage.
Where is this medical office space located?
The property is located at 9387 Seminole Blvd Seminole, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Free‑standing 2,100 sq ft medical office building with direct frontage on Seminole Blvd.; Strategically located in the heart of Pinellas County, offering accessibility, visibility, and convenience.; Immediate occupancy available.
