1401 22Nd Ave Tampa, FL 33605
- Office buildings
- 8,618 SF
- 0.46 lot acres
Current Use by Public Records
- Law Offices of Vanessa Nye, P.A. / Criminal Justice Attorney
- Patrick B. Courtney, P.A. / Criminal Justice Attorney / Attorney
- 1-800 Office Solutions / Computer Security Service
- Ybor Laser Salon / Hair Removal Service
- Perez Maritza MD / Internist
Property Details for 1401 22Nd Ave
- Year built
- 1973
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.46 lot acres
- Property size
- 8,618 SF
- Zone code
- RO-1
- Property type
- Office buildings
- APN
- A0729194UM000009000040
- APU
- A0729194UM000009000040
Description
This exceptional 8,534 square foot executive office building presents a compelling investment opportunity in Tampa's vibrant Ybor City. Located in an Opportunity Zone, this single-story, 1973-built structure boasts a flexible floor plan suitable for multiple tenants or a single user. Currently configured as a professional office center with several short-term leases, the building offers a strong potential for rental income and future appreciation. The property features 20 parking spaces, monument and building signage, and is strategically positioned near Interstates 275 and I-4, ensuring excellent accessibility. Built with masonry/frame stucco construction, it includes high ceilings (10'+/-), high-speed internet, advanced security, and energy-efficient features. All furniture is included. The 0.55-acre lot is zoned RO-1(Building)/RS-50(lot) with future residential land use (20, .50 FAR). Annual property taxes total $17,935. The building enjoys high visibility with approximately 2,700 daily traffic counts on 14th Street and proximity to amenities including upscale restaurants, shops, hotels, and Cuscaden Park (8.6 acres with sports facilities). This turnkey opportunity combines a prime location, attractive features, and strong investment potential. APN: 186402-0000; 186401-000. Asking price: $1,999,900. Price per square foot: $23.42. Cap rate: 6.00%.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $490,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $710,000
- 6.5%
- $705,000
- 7%
- $660,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $685,000
- Geo Method
- $700,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $785,000
- Retail
- $700,000
- Mixed-Use
- $585,000
- Hospitality
- $720,000
- Educational
- $695,000
- Residential Income
- $610,000
- Energy
- $790,000
- Income-Based Land
- $575,000
- Food Service
- $795,000
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.4438
- Latitude
- 27.971
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
