3711 Tampa Rd Oldsmar, FL 34677-6309
- Office buildings
- 9,897 SF
- 0.95 lot acres
Current Use by Public Records
- SouthState Bank / Bank
- Gents' Barber / Barber Shop
- E Salon Services / Hair Salon / Beauty Salon
Property Details for 3711 Tampa Rd
- Year built
- 1986
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.95 lot acres
- Property size
- 9,897 SF
- Property type
- Office buildings
- APN
- 14-28-16-00000-330-0320
- APU
- 142816000003300320
Description
This exceptional 6,979 square foot medical office building presents a unique investment opportunity in Oldsmar, Florida. Situated on a 0.95-acre lot at the highly visible corner of Tampa Road and Forest Lakes Boulevard, this single-tenant property boasts a prime location within a thriving retail center anchored by ALDI and Ross. Built in 1986, the building offers ample space suitable for various medical, office, or retail uses. The property benefits from exceptional visibility and accessibility, with 71,000 vehicles traversing this key intersection daily. This strategic location within Pinellas County places the property within a densely populated area, serving a substantial market. The surrounding area boasts a strong demographic profile, with 70,000 residents within a 3-mile radius and an average household income exceeding $103,000. The total building size is 9,638 square feet, offering potential for expansion or future development. This property represents a compelling investment opportunity in a high-growth area with significant potential for long-term returns. The property is located in Pinellas County and is a single building on a 0.95 acre lot. The building is suitable for a variety of uses including medical, office, and retail.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,950,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,240,000
- 6.5%
- $2,945,000
- 7%
- $3,265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,745,000
- Geo Method
- $3,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,945,000
- Retail
- $3,110,000
- Mixed-Use
- $2,715,000
- Hospitality
- $2,835,000
- Educational
- $2,655,000
- Residential Income
- $2,735,000
- Energy
- $3,165,000
- Income-Based Land
- $3,100,000
- Food Service
- $2,530,000
Location Insight
- Map
- Local Demand
- City
- Oldsmar
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6778
- Latitude
- 28.0441
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
