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Property profile & analytics
OFF-MARKET Estimated value $855,000
Medical Office Space

4244 Linebaugh Ave Tampa, FL 33624-5241

5,290 SF 0.12 ac lot Built 2005
Entity Owned 20-yr Hold Free & Clear
Property ID
US19-0587405
Property summary
AI-generated overview

This exceptional 5,050 square foot office condo, built in 2005, presents a compelling investment opportunity in Tampa, Florida. Situated on a 0.12-acre lot in the Crown Pointe Professional Center, this meticulously maintained Class C property boasts 20 parking spaces and is zoned PD. The building comprises two units: Suite A, a vacant 2,500 square foot space ideal for various professional businesses, features a reception area, spacious waiting area, seven perimeter offices, a large open area, break room, and two ADA-compliant restrooms. Suite B, a 2,550 square foot unit currently occupied by a 25-year-established Periodontics/Endodontics practice (sold separately), is in impeccable condition and includes a reception and waiting area, two private offices (each with a private bathroom), two ADA restrooms, a lab room, seven exam rooms, and a spacious breakroom. The property's strategic location on W Linebaugh Avenue offers convenient access to Tampa International Airport, I-275, the Veteran's Expressway, Dale Mabry Highway, and Busch Boulevard. The asking price is $1,400,000, translating to $277.23 per square foot. Occupancy is available September 30, 2024. This property offers significant potential for increased rental income and represents a strong investment opportunity in a rapidly growing area. The property's APN is U-21-28-18-ZZZ-000000-93790.5.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,290 SF
Lot 0.12 ac (5,401 SF)
Zoning code PD
APN U212818ZZZ000000937905
UPID US19-0587405
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
  • Endodontics & Periodontics Associates PA Dental Office
  • Alberto A. Ruiz, DMD Dental Office
  • Torres Maria DDS Dental Office
  • Ruiz Maria DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.19M
Comparable Approach Comparable
$538k
Blend (final) Blend
$855k
Owner & transaction history
RUIZ PROPERTY HOLDING CORP
RUIZ PROPERTY HOLDING CORP
Zoning & alternative use
PD · Tampa, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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