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Property profile & analytics
FOR LEASE
Office buildings

888 Executive Center Dr W Saint Petersburg, FL 33702

73,036 SF 11.35 ac lot Built 1986
Entity Owned 19-yr Hold Free & Clear
Property ID
US18-2001771
Property summary
AI-generated overview

This exceptional executive office space, located at 888 Executive Center Dr W in St. Petersburg, Florida's Gateway submarket, offers a prime opportunity for businesses seeking flexible and modern accommodations. The Baypoint | Baker Building, a 73,036 square foot building constructed in 2000, boasts a recent multi-million dollar renovation. The property sits on an expansive 11.355-acre lot and provides ample parking with a 5/1000 space ratio. Multiple tenancy options are available, with spaces ranging from a minimum of 2,770 square feet to a maximum contiguous space of 24,835 square feet. Currently, there are 52,347 square feet of vacant space ready for immediate occupancy. The building is equipped with elevators for convenient access to all floors. Its location in Pinellas County, within the desirable Gateway submarket, offers excellent accessibility and visibility. This renovated office building presents a unique opportunity to establish a presence in a thriving business community. The property's size and flexible space options cater to a wide range of business needs, from small startups to larger corporations. The extensive renovations ensure a modern and efficient workspace, making it an attractive option for companies seeking a high-quality office environment in the Tampa Bay area. Contact us today to learn more about leasing opportunities.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1986
Construction CONCRETE
Total area 73,036 SF
Lot 11.35 ac (494,606 SF)
APN 19-30-17-47069-001-0010
UPID US18-2001771
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
  • Jabil Design Engineering Corporate Office
  • ProRep (Bike/Boat/Book/etc) Store Corporate Office
  • Garcia & Ortiz PA Accounting Firm
  • Johnson & Kreis CPA Tax Preparation
  • Radius Innovation & Development (St. Petersburg) Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$14.67M
Blend (final) Blend
$14.67M
Owner & transaction history
Kp Holdings Florida LLC · 19 yrs held
Kp Holdings Florida LLC
since 2007
4 recorded transactions
2017
Price N/A
2011
Price N/A
2007
$93.3M
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $23.2M +7.0%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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