
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 |
City | LARGO |
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 | https://www.propertypanorama.com/instaview/stellar/U8079156 |
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 |
Amenities
- 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