Property summary
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
VerifiedCap rate & NOI
Current use
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Tech Support Center (Bike/Boat/Book/etc) Store
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Law Firm
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Charitable Organization Social Service Agency
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Advertising Agency Marketing & Advertising
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Tax Preparation
Location
Value estimations
Owner & transaction history
Zoning & alternative use
75, RS-60, RS-50 • Multiple family - RM-75, RM-50, RM-24, RM-18, RM-16, RM-12 • Office - RO, RO-1, OP , OP-1 • Commercial - CI, CG, CN • Industrial - IH, IG • M-AP - M-AP 1 through 4 • Ybor City - YC 1 through 8 • CBD -…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CBD-1 · Tampa, FL75, RS-60, RS-50 • Multiple family - RM-75, RM-50, RM-24, RM-18, RM-16, RM-12 • Office - RO, RO-1, OP , OP-1 • Commercial - CI, CG, CN • Industrial - IH, IG • M-AP - M-AP 1 through 4 • Ybor City - YC 1 through 8 • CBD -…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
75, RS-60, RS-50 • Multiple family - RM-75, RM-50, RM-24, RM-18, RM-16, RM-12 • Office - RO, RO-1, OP , OP-1 • Commercial - CI, CG, CN • Industrial - IH, IG • M-AP - M-AP 1 through 4 • Ybor City - YC 1 through 8 • CBD -…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CBD-1 in Tampa, FL.
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