Tampa Office Building For
1302 W BUSCH Blvd Tampa, FL 33612
For Sale
$789,000
3,025 SF office building suitable for owner-user or investor.
Property Size3,025 SF
Price / SF$260.83
Days on Market98
Property Features for 1302 W BUSCH Blvd
General Information
Standard status
Active
Size
3,025 SF
Property subtype
Commercial
Building Details
Year Built
1974
Listing Agency:
A.L. COMMERCIAL, INC.
(813) 334-6455
Listed By:
Nathan Gennara · License #3376111
(813) 334-6455
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 30 at 6:21AM
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.L. COMMERCIAL, INC.
Investment Insights
Based on property information with market context.
The property at 1301 W Busch Blvd is a 3,025 square foot office building. The building's current layout includes a reception area, six private offices, two board rooms, a kitchen, a break room, a copy and supply room, two bathrooms, and a large outside patio area. The space could be reconfigured to accommodate more offices. The property has flexibility for an owner-user or investor looking to take advantage of the four electric meters. The bike score is 54, indicating it is bikeable. The walk score is 81, indicating it is very walkable. The transit score is 46, indicating some transit options are available. Please see DOT sketch to see updated property lines.
Key Highlights
- 3,025 sq ft office building suitable for owner‑user or investor
- Four electric meters offer flexibility
- Current build‑out includes 6 private offices and 2 board rooms
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.3k | $21.60 |
| − Vacancy | −$16.0k | −$5.29 |
| EGI | $49.3k | $16.31 |
| − OpEx | −$12.3k | −$4.08 |
| NOI | $37.0k | $12.23 |
3,025 SF · lease $21.60/SF/yr · vacancy 24.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$528.6K
$462.5K – $616.7K
NOI $36,999 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$689.1K
$602.9K – $803.9K
NOI $48,235 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - 3,025 SF office building suitable for owner-user or investor.
Where is this office building located?
The property is located at 1302 W BUSCH Blvd Tampa, FL.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: 3,025 sq ft office building suitable for owner‑user or investor; Four electric meters offer flexibility; Current build‑out includes 6 private offices and 2 board rooms
