Technical
Financial
Distress signals
Property profile

200 Pierce St Tampa, FL 33602

OFF-MARKET
Office buildings
Property ID
US18-5010595
12,358 SF 0.31 ac lot Built 1963
Entity Owned 3-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Tech Support Center (Bike/Boat/Book/etc) Store
  • Law Firm
  • Charitable Organization Social Service Agency
  • Advertising Agency Marketing & Advertising
  • Tax Preparation

Location

200 Pierce St Tampa, FL 33602-5020
Tampa metro Census 5101 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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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

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

CBD-1 · Tampa, FL
Zoning description

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 -…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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