5102 Laurel St Tampa, FL 33607-3854
- Office buildings
- 40,959 SF
- 4.36 lot acres
Current Use by Public Records
- Urban Paws / Kennel
- Hiregy / Temp Agency / Recruiter
- Harper Limbach - Tampa / Plumber / Air Conditioning Contractor
- Limelight CRM / Marketing Agency
Property Details for 5102 Laurel St
- Year built
- 2000
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.36 lot acres
- Property size
- 40,959 SF
- Zone code
- PD
- Property type
- Office buildings
- APN
- A1729183JY000002000010
- APU
- A1729183JY000002000010
Description
Laurel Place, located at 5102 W Laurel Street in Tampa's Westshore submarket, offers a premier 41,228 square foot single-tenant office building constructed in 2000. This exceptional property features 5,035 square feet of immediately available space, situated on 4.1 acres of land. The serene office park setting includes lush landscaping and a tranquil pond with a fountain, offering a peaceful contrast to the vibrant Westshore business district. The building boasts a modern lobby with sleek furnishings, a digital directory, and attractive artwork. Upgraded restrooms and common areas contribute to a clean and contemporary work environment. Convenient amenities include a generous 5/1,000-square-foot parking ratio and excellent access points. Its prime location provides easy access to major interstates (Memorial Highway, I-275, Veterans Expressway), Tampa International Airport, International Mall, and nearby cities like St. Petersburg and Clearwater. The surrounding area offers a variety of dining options, including well-known restaurants. Westshore's established reputation as a leading office market, with numerous financial institutions and corporate headquarters, further enhances the desirability of this property. This is an exceptional opportunity for businesses seeking a high-quality, conveniently located office space in a thriving Tampa Bay area location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $9,895,000
- 6.5%
- $9,135,000
- 7%
- $8,480,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,876,000
- AI Estimate
- $6,127,000
Market price range: $6.93M - $11.2MMarket price range: $1.42M - $9.09M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $9,060,000 Current use
- MEDICAL BUILDING
- $11,070,000 Change: +22% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $10,655,000 Change: +18% Conversion: Difficult
- RETAIL STORES
- $9,095,000 Change: +0% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $7,905,000 Change: -13% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $7,805,000 Change: -14% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Tampa
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.5313
- Latitude
- 27.9555
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA