$ 2,500,000
Property Attributes
  • MLS#U8079156
  • TypeCommercial
  • CountyPINELLAS
  • CityLargo
  • AreaLargo
  • NeighborhoodPINELLAS GROVES
  • Zip33771
  • StyleIndustrial
  • Year Built1984
  • Taxes$ 13869
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15300
  • Lot Size1.16 Acres
Data Source:
Stellar MLS
Property Description

High Traffic Location!!! NEW PHOTOS ADDED!! Great Commercial Income investment opportunity with long term Tenants. Highly desirable Ulmerton Road frontage/signage, near US-HWY-19 N. High Traffic volume for great business visibility! Average Daily Traffic Count: 32,000 to 52,000 (SR-688). Zoned C-2: Warehouse, Industrial, Automotive (Light Manufacturing (41). Land Use Code C-G. Property Use: 4105 (Garage/Workshop). 100% Occupancy: All units Fully Rented (0-Vacancy). Rent Rolls & Financials available with 'Proof of Funds' (POF) and signed 'Non-Disclosure Agreement' (NDA). Gross Annual Income: $108,420 (APX). Current CAP Rate should be easy to raise with Adjustments to Long Term Lease Agreements. Rents subject to market adjustment by new owner(s). 16 Total Units are occupied by 5 Long Term Tenants (paying month to month rent). Rents are slightly below "market" and are subject to adjustment (or "otherwise") by new owner. Each Individual (non-combined) original Unit size is apx 956 SqFt. Schedule Showing with Realtor. Do not approach Tenants. Prime location with frontage on main "High Traffic Count" Thoroughfare! Seller IS NOT NEGOTIABLE on Price or Terms.

Price History
2/19/2021 Listed $2,200,000
5/6/2021 14% - $1,900,000

General Features

Additional Parcels Y/N No
Building Area Units Square Feet
Business Type Auto Service, Industrial, Professional Service, Warehouse, Wholesale
Construction Materials Block, Concrete
Cooling Other
County Pinellas
Days on Market 921
Directions From US-HWY-19 N; West on SR-688 Ulmerton apx 1-block (less than 1/4 mile) to address on North (Rt) side of Ulmerton Rd.
Leasable Area 15300
Levels One
Listing Terms Cash, Conventional, Other
Lot Size Square Feet 50530
MLS Area 33771 - Largo
Net Operating Income 107000
New Construction No
Occupancy Description Tenant
Ok to Lease Month To Month
Percent Ownership Sole Proprietor
Property SubType Industrial
Property Type Commercial Sale
Standard Status Active
Status Active
Street Name ULMERTON
Subdivision Name PINELLAS GROVES
Tax Annual Amount 13869.37
Tax Lot 10
Tax Year 2021
Tenant Pays Electricity, Sewer, Trash Collection, Water
Total Number of Buildings 2
Township 30
Virtual Tour
Water Access YN No
Waterfront Y/N No
Year Built 1984
Zoning C-2

Interior Features

Flood Zone Code Zone X
Living Area Units Square Feet
Livingareasource Public Records
Street Suffix ROAD

Exterior Features

Buyer Agent Compensation 2.0%
Living Area 15300
Building Area Total 15300
Foundation Details Slab
Lot Size Acres 1.16
Road Frontage Type County Road, Main Throrughfare, State Road
Water Extras YN No
Water View YN No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33771

AVG $1.48M
AVG $6,485
AVG 703
Year Built
AVG 1963
AVG 61
Data Provided by Walkscore ® not using MLS data

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