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Office Buildings For Sale

202 S Moody Ave Tampa, FL 33609

202 S Moody Ave, Tampa, FL, 33609
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Two office buildings totaling 5,427 SF with 18 parking spaces.

Property Size5,427 SF
Price / SF$460.66
AddedJul 22, 2024
Days on Market724
Last RefreshJul 5 at 10:59 am

Property Features for 202 S Moody Ave

General Information

Standard status
Active
Size
5,427 SF
Property subtype
Office

Building Details

Year Built
1907

Listing office Franklin Street Tampa

Listing date Jul 22, 2024

Source Crexi

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 Franklin Street Tampa


Investment Insights

Based on property information with market context.

This offering presents an opportunity for an owner/user, investor, or development. The property consists of two buildings. One building at 2304 W Cleveland St provides 2,358 square feet, and the other at 202 S Moody Ave offers 3,069 square feet, totaling 5,427 square feet. Both buildings include a reception area, conference room, break room, and private rooms. There are 18 parking spaces available. A Bank Of Tampa building is under construction next door. A short-term lease is currently in place.

Key Highlights

  • Development Opportunity
  • 5,427 SF Total Building Size with 18 Parking Spaces
  • Owner / User or Investor Potential

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 $130.2k $24.00
− Vacancy −$31.9k −$5.88
EGI $98.3k $18.12
− OpEx −$24.6k −$4.53
NOI $73.8k $13.59
5,427 SF · lease $24.00/SF/yr · vacancy 24.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.05M
$921.9K – $1.23M (±1% cap)
NOI $73,753 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.26M
$1.11M – $1.48M (±1% cap)
NOI $88,504 @ 7.0% cap · market cap 3.54%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mainstay Construction Services, ... Construction Company Jeramiah Bustin, LLC Real Estate Agency Kathy Ervin, Realtor Real Estate Agency Nicole Regan Real Estate Agency Premier Sotheby's Realty: ... Real Estate Agency

Suggested Use

Florist (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Clothing & Fashion Store Clothing & Fashion Store Pet Grooming Service Restaurant (Bike/Boat/Book/etc) Store Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Two office buildings totaling 5,427 SF with 18 parking spaces.
Where is this office building located?
The property is located at 202 S Moody Ave Tampa, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Development Opportunity; 5,427 SF Total Building Size with 18 Parking Spaces; Owner / User or Investor Potential
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