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Property profile & analytics
FOR SALE
Office buildings

200 N Pierce St Tampa, FL 33602

12,358 SF 0.31 ac lot Built 1963
Entity Owned 3-yr Hold Free & Clear
Property ID
US18-5010595
No photos on file
For Sale
$2,710,000 12,358 SF
200 N Pierce St, Tampa, FL 33602
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Property summary
AI-generated overview

This exceptional 22,050 square foot property, located at 200 N Pierce St, Tampa, FL 33602, presents a unique investment opportunity in the heart of Tampa's Central Business District (CBD). The site boasts CBD-1 zoning, allowing for a diverse range of development options, including mixed-use, low to mid-rise residential, or commercial projects. The property includes two existing buildings, offering potential for immediate income generation or redevelopment. Its prime location offers unparalleled access to key downtown attractions, including the Tampa Riverwalk, Convention Center, Florida Aquarium, Amalie Arena, and numerous restaurants, shops, and hotels. Proximity to City Hall and the County Government Center further enhances its appeal. Convenient access to major transportation arteries, such as the Selmon Expressway, I-4, and I-275, ensures easy connectivity throughout the Tampa Bay area and beyond. The property's versatility and strategic location within walking distance of South Tampa, Tampa Heights, Ybor City, Harbour Island, and Davis Islands make it an exceptional investment prospect for developers and investors seeking a high-demand location with significant upside potential. The existing buildings and adjacent parking garage could provide immediate income while redevelopment plans are underway. This half-block site represents a rare opportunity to acquire a highly desirable property in one of Tampa's most vibrant and rapidly growing areas.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1963
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,358 SF
Lot 0.31 ac (13,605 SF)
Zoning code CBD-1
APN A2429184ZI000084000040
UPID US18-5010595
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ShowTech Solutions Tech Support Center (Bike/Boat/Book/etc) Store
  • Sulte Law Firm Law Firm
  • Ryan Nece Foundation Charitable Organization Social Service Agency
  • Wing Woman Brands Advertising Agency Marketing & Advertising
  • Tax Alpha Title Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.76M
Comparable Approach Comparable
$3.48M
Blend (final) Blend
$2.71M
Owner & transaction history
Rood Family Limited Partnership · 3 yrs held
Rood Family Limited Partnership
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
CBD-1 · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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