St Petersburg Office Building For
15 N 8th St St Petersburg, FL 33701
15 N 8th St, St Petersburg, FL, 33701
Contact for pricing
For Sale
Contact for pricing
Office building for sale in St Petersburg, Florida.
Property Size14,552 SF
Price / SF$375
Days on Market80
Property Features for 15 N 8th St
General Information
- Standard status
- Active
- Size
- 14,552 SF
- Property subtype
- OFFICE
Listing Agency
John Burpee & Associates, Inc.
(727) 828-9498
Listed by
John Burpee · License #CQ1057398
(727) 828-9498
Source
Moodyscre
Added: Apr 29 Checked: Jul 16 at 6:41 am
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 John Burpee & Associates, Inc.
Investment Insights
Based on property information with market context.
This commercial real estate offering features an office building with a total area of 14,552 square feet. The property is located in St Petersburg, Florida.
Key Highlights
- Office building for sale
- Located in St Petersburg, Florida
Local 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 | $378.9k | $26.04 |
| − Vacancy | −$77.7k | −$5.34 |
| EGI | $301.3k | $20.70 |
| − OpEx | −$75.3k | −$5.18 |
| NOI | $225.9k | $15.53 |
14,552 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.23M
$2.82M – $3.77M
NOI $225,939 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.79M
$3.31M – $4.42M
NOI $264,956 @ 7.0% cap · market cap 4.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kapok Marketing
Advertising Agency
Carroll Design Co.
Marketing & Advertising
Renewed Resilience Psychotherapy
Crisis Center
Legacy Paternity, LLC
Service Establishment
Medlin Neuropsychology
Physician
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FAQs
What type of property is this?
Office building - Office building for sale in St Petersburg, Florida.
Where is this office building located?
The property is located at 15 N 8th St St Petersburg, FL.
What is the asking price?
The asking price for this property is $5,457,000.
What are key features of this property?
This property features: Office building for sale; Located in St Petersburg, Florida
