13246 38Th St N Clearwater, FL 33762
- Office buildings
- 8,115 SF
- 0.67 lot acres
Current Use by Public Records
- Professional Career Institute / Vocational School / Training Center
- National Foundation of CPSR / Charitable Organization
Property Details for 13246 38Th St N
- Year built
- 1983
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.67 lot acres
- Property size
- 8,115 SF
- Property type
- Office buildings
- APN
- 10-30-16-93373-000-0100
- APU
- 103016933730000100
Description
This 8,500-square-foot Class B office building in Clearwater, Florida, offers flexible lease options. Built in 1983, this two-story building features 27 parking spaces with recently resealed and striped lot, providing ample parking for tenants and visitors. The property boasts newer HVAC units and is conveniently located one block south of Ulmerton Road on 131st Ave N, offering easy access to major roadways. The first floor comprises five executive offices, a reception area, and a conference room with abundant natural light. A separate, leasable west wing on the first floor includes three large rooms (previously used as training rooms), its own ADA-compliant entrance, bathroom, and break room. The second floor, also accessible via a separate entrance and leasable independently, offers six executive offices, an open meeting room, a shared break room, and ADA-compliant restrooms. The entire 8,500 square feet is currently vacant and can be subdivided to accommodate various tenant needs. This property presents a unique opportunity for businesses seeking a well-maintained, adaptable office space in a desirable Clearwater location. The building's layout allows for a variety of configurations, making it suitable for a single large tenant or multiple smaller tenants. The ample parking and convenient location make this an attractive option for employees and clients alike. The building's recent improvements, including the parking lot resurfacing and HVAC upgrades, demonstrate a commitment to providing a high-quality workspace.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,750,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,600,000
- 6.5%
- $2,400,000
- 7%
- $2,230,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,886,000
- AI Estimate
- $1,886,000
Market price range: $1.01M - $2.24MMarket price range: $1.01M - $2.24M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,525,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,755,000 Change: +15% Conversion: Easy
- RETAIL STORES
- $1,685,000 Change: +11% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $1,430,000 Change: -6% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $1,315,000 Change: -14% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6856
- Latitude
- 27.8923
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA