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Property profile & analytics

13246 38Th St N Clearwater, FL 33762

  • Office buildings
  • 8,115 SF
  • 0.67 lot acres
For Lease
Last Sale
Dec 22, 2022
$1,500,000
Value Estimations
$1,820,000
Cap Rate Potential
8.9%
Office buildings
Location Intelligence
Property ID
US18-2729103
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • 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
    Market price range: $1.01M - $2.24M
    AI Estimate
    $1,886,000
    Market 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

Get a detailed, property-specific valuation — fast and free


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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,779
$0.00
$0.00
$1,300,000
-
$290,679
$1,009,321
$1,300,000
More about this property
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