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Vacant Medical Office Building
New
For Sale
$2,750,000

2715 W Virginia Ave, Tampa, FL 33607

An established medical office property offering a substantial commercial footprint for healthcare-related operations.

Property Size8,600 SF
Lot Size0.41 Acres
Price / SF$319.77
Days on Market3

Property Features for 2715 W Virginia Ave

General Information

Standard status Active
Size 8,600 SF
Lot size 0.41 Acres
Property subtype Office Medical

Amenities

TWO STORY VACANT MEDICAL OFFICE: 8,600-SF former imaging office on a 0.41 acre lot with brick construction. Property is on a shared lot with an adjacent medical office.
FENCED LOT WITH SIGNAGE: Property features 63 shared parking spaces with 4 handicap spaces, signage in front and fencing around the front and rear.
COVERED ENTRANCE: Fully covered entryway for easy dropoff with separate covered ambulance dropoff.
RECENT BUILDING UPDATES INCLUDING ROOF: Two shield and electrical high voltage rooms good for MRI/CT or radiation, remodeled roof in 2024, new elevator system and equipment installed in 2024(Latest code), 3 new HVAC units 2019, 1 new HVAC unit in 2023. Interior renovated 2020 with new tile flooring, LED ceiling lighting, lifetime PVC stain-free ceiling tiles, restrooms/breakroom updates in 2020 and 2023, fire alarm system & IT Cat 6 wiring, parking lot resealed in August 2026.
DENSE MEDICAL CORRIDOR: Adjacent to Baycare St. Joseph's Hospital Campus, a major 874 bed facility with a level 2 trauma center, pediatric hospital, women's hospital and behavioral center. St. Joseph's emergency department sees over 100,000 annual patients.
PROXIMITY TO MULTIPLE RETAIL TENANTS: Nearby national tenants include Starbucks, Chipotle, Bank of America, Burger King, KFC, Shell, 7-Eleven, Checkers, Dunkin, McDonald's and Many More.
STRATEGIC LOCATION: Located within 3 miles of Raymond James Stadium, George Steinbrenner Field, Tampa International Airport and International Plaza/Bay Street. 3.5 miles from downtown Tampa with easy access to Interstate 275.
HIGH TRAFFIC COUNTS: Immediately off of W MLK Jr Blvd, seeing 26,500 vehicles per day (VPD) and N Habana Ave, with 9,100 VPD.

Building Details

Building Size 8,600 SF
Year Built 1989
Listing Agency: Marcus & Millichap - Columbus
Listed By: Sam Kelley · License #License(s): FL: SL3588576
Source: Marcusmillichap
Added: Jul 30 Changed: Jul 31 Last Checked: Jul 31 at 1:17PM

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 Marcus & Millichap - Columbus

Investment Insights

Based on property information with market context.

This vacant medical office property contains 8,600 square feet of commercial space and was built in 1989. The asset is classified as medical office space and is positioned for continued use in a healthcare-oriented setting.

Located at 2715 W Virginia Ave in Tampa, Florida, the property offers an established office building within the Tampa market. Its vacancy provides flexibility for an owner-user or other medical office configuration supported by the existing property type.

Key Highlights

  • 8,600‑square‑foot medical office property
  • Vacant building available for occupancy
  • Built in 1989

Financial Insights For Healthcare Medical

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 $227.0k $26.40
− Vacancy −$18.2k −$2.11
EGI $208.9k $24.29
− OpEx −$83.6k −$9.72
NOI $125.3k $14.57
8,600 SF · lease $26.40/SF/yr · vacancy 8.00% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$1.79M
$1.57M – $2.09M (±1% cap)
NOI $125,326 @ 7.0% cap · market cap 4.56%
Second Best
Office B
$1.67M
$1.46M – $1.95M (±1% cap)
NOI $116,874 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M (±1% cap)
NOI $140,249 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Tampa Bay Cancer ... Physician Natasha Mehta, MD Medical Clinic Advanced Cardiovascular Center: ... Physician Advanced Cardiovascular Center ... Medical Clinic

Suggested Use

Top Pick Electrical Service Building Supply Furniture & Home Goods Garden Center Big Box & Wholesale Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,871
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33607, FL

24,767
Population
13,158
Households
1.9
Avg Household Size
37
Median Age
35%
College-Educated
87%
High-School Grad
9.3 sq mi
ZIP Area
2,663
Density / Sq Mi
$66,404
Median Household Income
$43,404
Median Earnings
$1,771
Median Rent
$316,100
Median Home Value

Market

Vacancy Rate% for Office in Tampa, FL

13.8% 2019
14.2% 2020
19.1% 2021
22.3% 2022
21.9% 2023
20.7% 2024
18.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - An established medical office property offering a substantial commercial footprint for healthcare-related operations.
Where is this medical office space located?
The property is located at 2715 W Virginia Ave Tampa, FL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 8,600‑square‑foot medical office property; Vacant building available for occupancy; Built in 1989
More about this property
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