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    410 Ware Blvd Tampa, FL 33619

    For Sale
    $15,000,000

    12-Story Office, 139,767 SF, 62% Leased

    Property size:
    139,767 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This 12-story, 139,767 square foot Class B office building in Tampa, Florida, presents a compelling value-add investment opportunity. Located at 410 S Ware Blvd, in Hillsborough County (zip code 33619), this multi-tenant property boasts 45 tenants and a 61.9% occupancy rate. Built in 1973 and renovated in 2020, the building features efficient floor plates suitable for various-sized businesses. The property sits on a 5.395-acre lot and offers 428 parking spaces (a 3.05:1,000 ratio). Its prime location within a thriving commercial and residential corridor provides excellent access to major roadways including Interstate 75, US 301, and State Road 60, connecting it to key destinations throughout the Tampa MSA and nearby residential communities like Brandon, Bloomingdale, Valrico, and Fish Hawk. The building's proximity to numerous retail destinations, including Brandon Crossings and Westfield Brandon Town Center Mall, further enhances its appeal. The asking price is $15,000,000, translating to $107.32 per square foot. The gross lease structure and diverse tenant roster provide a secure income stream, with significant upside potential through lease-up of the remaining vacant space (over 53,211 SF) within a growing labor market. This property offers a steep discount to replacement cost and exceptional regional connectivity.

    Property Features for 410 Ware Blvd

    General Information

    Property type
    Medical offices
    Square Feet
    139,767 SF
    Class
    B
    Lot Size
    235,006 SF

    Building Details

    Year Built/Renovated
    1973/2020
    Buildings
    1
    Stories
    12

    HighLights

    • High potential for value appreciation.
    • Attractive building design and features.
    • Substantial cost savings compared to new construction.
    • Prime Tampa location with easy access to major transportation routes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Xcira Inc Software Company Guidelight Financial Financial Consultant Blanco Agencies Insurance Agency Southern Elder Law ... Elder Law Attorney Primerica Financial Services Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Clothing Store Building Supply Nail Salon Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tampa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.3466421
    Latitude
    27.9468263

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    FAQs

    What type of property is this?
    Medical office - 12-Story Office, 139,767 SF, 62% Leased
    Where is this medical office located?
    The property is located at 410 Ware Blvd Tampa, FL.
    What is the asking price?
    The asking price for this property is $15,000,000.
    What are key features of this property?
    This property features: High potential for value appreciation.; Attractive building design and features.; Substantial cost savings compared to new construction.
    Request Owner's contact information
    410 Ware Blvd Tampa, FL 33619
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    410 Ware Blvd Tampa, FL 33619
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