Tampa Office Building For
For Sale
$749,000
1302 W BUSCH BLVD, Tampa, FL 33612
3,025 SF office building suitable for owner-user or investor.
Property Size3,025 SF
Price / SF$247.60
Days on Market233
Property Features for 1302 W BUSCH BLVD
General Information
Standard status
Active
Size
3,025 SF
Property subtype
Office
Site & Location
Neighborhood
Lowry Park Central Civic Association, Inc.
Taxes and HOA fees
Annual Taxes
$413
Building Details
Building Size
3,025 SF
Year Built
1974
Listing Agency:
A.L. COMMERCIAL, INC.
Listed By:
Nathan Gennara · License #3376111
(813) 334-6455
Source:
Judibeck
Added: Mar 10
Changed: Oct 25
Last Checked: Oct 27 at 2:02AM
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.
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Review the available facts, identify missing information and prepare questions for the agent.
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
Estimated NOI and Cap Rate
NOI / Yr
$36,999
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,980
$740.0K
Cap Rate 7%
$528,557
$528.6K
Cap Rate 9%
$411,100
$411.1K
Market Conditions
NOI Build-Up for 3,025 SF
Gross rent
$65.3K $21.60/SF
− Vacancy
−$16.0K −$5.29/SF
EGI
$49.3K $16.31/SF
− OpEx
−$12.3K −$4.08/SF
NOI
$37.0K $12.23/SF
Area
ZIP 33612
Vacancy
24.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,980
Cap Rate 7%
$528,557
Cap Rate 9%
$411,100
Alternative Uses
Best Use
Office B
$528.6K
$462.5K – $616.7K
NOI $36,999 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$689.1K
$602.9K – $803.9K
NOI $48,235 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,294
Businesses Nearby
Explore this area
Business Placement
Demographics for 33612, FL
49,452
Population
21,228
Households
2.3
Avg Household Size
34
Median Age
18%
College-Educated
78%
High-School Grad
9.9 sq mi
ZIP Area
4,995
Density / Sq Mi
$43,919
Median Household Income
$32,724
Median Earnings
$1,259
Median Rent
$249,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Tampa, FL
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 $749,000.
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
