4919 Memorial Hwy, Tampa, FL 33634
- Office buildings
- 125,543 SF
- 9.85 lot acres
Current Use by Public Records
- American Income Life Insurance Co / Insurance Agency
- Dermatology Medical Partners- Corporate Office / Corporate Office
- Tampa Memorial Center Llc / Corporate Office
- New House Title / Corporate Office / Business Park
- FedEx Drop Box / Postal Service / Courier Service
Property Details for 4919 Memorial Hwy
- Year built
- 1983
- Construction
- CONCRETE
- Lot size
- 9.85 lot acres
- Zone code
- PD
- Property type
- Office buildings
- APN
- U06291818M000000000100
- APU
- U06291818M000000000100
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 30, 2017 | $22,350,000 | Bvip Memorial Center LLC | Tampa Memorial Center LLC | Grant Deed | — |
| May 25, 2004 | $20,500,000 | Tampa Memorial Center LLC | Memorial Tampa Corp | Grant Deed · related | — |
| — | — | Tampa Memorial Center LLC | — | Deed Of Trust · related | $11.4M · Wells Fargo Bk |
| — | — | Nola S Villazon | — | Deed Of Trust · related | $51k · Fresh Start America INC |
| — | — | Fresh Start America INC | — | Deed Of Trust · related | $40k · Gulf Coast Restaurant Systems |
Description
Memorial Center I & II offers a significant opportunity for businesses seeking office space in Tampa, Florida. Located at 4919 & 4921 Memorial Highway, 33634, this Hillsborough County property comprises two buildings totaling 184,758 square feet of traditional and executive office space. The property is currently multi-tenant occupied, with a substantial 109,500 square feet of vacant space available for lease. This presents a unique chance to secure a space tailored to your specific needs, with flexible options ranging from a minimum of 1,137 square feet to a maximum contiguous space of 38,205 square feet. Twelve individual spaces are currently available. The property's prime location in Tampa offers excellent accessibility and visibility. This is an exceptional opportunity to establish or expand your business in a thriving Florida market. The property's size and layout cater to a wide range of businesses, from small startups to larger corporations requiring substantial office space. Interested parties are encouraged to inquire about available spaces and lease terms.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $30,330,000
- 6.5%
- $28,000,000
- 7%
- $26,000,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $34,744,000
- AI Estimate
- $22,791,000
Market price range: $17.3M - $42.1MMarket price range: $4.58M - $29.1M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $27,520,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $46,055,000 Change: +67% Conversion: Easy
- MEDICAL BUILDING
- $33,935,000 Change: +23% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $32,660,000 Change: +19% Conversion: Difficult
- RETAIL STORES
- $27,875,000 Change: +1% Conversion: Moderate
- WAREHOUSE, STORAGE
- $24,955,000 Change: -9% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $24,225,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.5494
- Latitude
- 27.9829
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
