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    Pinellas Park Industrial/Automotive Property Title is generated by Realmo AI

    3580 66TH AVENUE N, Pinellas Park, FL 33781

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    For Sale
    $2,300,000

    Industrial - PINELLAS PARK, FL

    Type:Industrial
    Property size:
    8,516 SF
    Lot size:
    0.47 Acres
    Price / SF:
    $270/SF
    Added:
    May 19, 2026
    Days on Market:
    13
    Last Refresh:
    May 31 at 5:06 am

    Property Features for 3580 66TH AVENUE N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Industrial
    Security features
    Security Gate
    Fencing
    Gate
    Standard status
    Active
    APN
    34-30-16-92196-002-0080
    Size
    8,516 SF
    Lot size
    0.47 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    10798

    Utilities

    Heating system
    Baseboard, Electric (Heating)

    Building Details

    Year built
    1967
    Building materials
    Block, Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    Janet Faulkner
    Janet Faulkner

    Listing agent Janet Faulkner License #3366779

    Listing office KELLER WILLIAMS REALTY- PALM H 30522 US HWY 19 N, Suite 107, Palm Harbor, FL

    Listing date May 19, 2026

    MLS# TB8508660 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Located in the heart of Pinellas Park's industrial corridor, this 8,516 square foot industrial property offers an investment or owner-user opportunity. The property is positioned just off US Hwy 19, benefiting from exposure to over 66,000 vehicles per day. The building includes approximately 7,200 square feet of warehouse space and 700 square feet of office space, situated on a 0.47-acre lot. Configured into multiple small-bay units, the property provides flexible occupancy options. It features 24 grade-level overhead doors (9’ x 8’), block construction, 9.5’ ceiling heights, secured outdoor areas, and a recently installed TPO roof. Existing automotive infrastructure, including lifts and equipment associated with the current automotive tenant, makes it suitable for automotive, marine, contractor, service, fabrication, or light-industrial users. Currently configured as 27 leasable units with month-to-month tenancy, the asset provides immediate cash flow and the ability to raise rents to market levels, restructure tenancy, or occupy a portion of the property for an owner-user operation.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $221.8k $26.04
    − Vacancy −$45.5k −$5.34
    EGI $176.3k $20.70
    − OpEx −$44.1k −$5.18
    NOI $132.2k $15.53
    8,516 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.89M
    $1.65M – $2.20M (±1% cap)
    NOI $132,222 @ 7.0% cap · market cap 5.75%
    Second Best
    Retail
    $1.19M
    $1.05M – $1.39M (±1% cap)
    NOI $83,606 @ 7.0% cap · market cap 3.64%
    Theoretical Best
    Office A
    $2.22M
    $1.94M – $2.58M (±1% cap)
    NOI $155,056 @ 7.0% cap · market cap 6.74%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ken's High Tech ... Auto Repair Shop Delta T HVAC HVAC Service Kens Hi-Tech Automotive ... Auto Repair Shop Buildet LLC General Contractor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Enterprise Rent-A-Car — 7700 Park Blvd, Pinellas Park, FL 33781
    • U-Haul Neighborhood Dealer — 7451 Park Blvd, Pinellas Park, FL 33781

    Location Insight

    • Map
    • Local Demand
    City
    Pinellas Park
    County
    Pinellas
    State
    Florida
    Longitude
    -82.68229
    Latitude
    27.831708

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    FAQs

    What type of property is this?
    Automotive property - 8,516 SF industrial property in Pinellas Park, Florida.
    Where is this automotive property located?
    The property is located at 3580 66TH AVENUE N Pinellas Park, FL.
    What is the asking price?
    The asking price for this property is $2,300,000.
    (978) 828-8944
    We can help!
    Listing Contact
    Janet Faulkner
    Janet Faulkner
    Real Estate License ID: 3366779
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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