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    6501 102ND AVENUE N Pinellas Park, FL 33782

    View on Map
    For Lease
    $22 SF/Yr

    Retail - PINELLAS PARK, FL

    Type:Retail
    Property size:
    127,667 SF
    Lot size:
    13.79 Acres
    Added:
    Jun 9, 2023
    Days on Market:
    1032
    Last Refresh:
    Apr 5 at 9:06 pm

    Property Features for 6501 102ND AVENUE N

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    17-30-16-71216-000-0010
    Size
    127,667 SF
    Lot size
    13.79 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Annual Amount
    150335.39

    Utilities

    Cooling system
    Central Air, Zoned

    Building Details

    Year built
    1983
    Building materials
    Block, Stucco
    Architectural style
    Other

    We can help!

    Listing Contact
    Elliott Ross

    Listing agent Elliott Ross License #3079811

    Listing office ROSS MARKETING GROUP LLC 50 Sandpiper Rd, FL

    Listing date Jun 9, 2023

    MLS# U8203990 Listing URL

    Copyright © 2026 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pinellas Park Retail/Office/Gym Space

    Retail, office, and gym spaces are available within a Winn Dixie-anchored center. Suites range in size from 1,200 to 10,000 square feet. A 1,200-square-foot second-generation restaurant space is available, along with a 10,000-square-foot former fitness/gym space. The center features a strong tenant mix, including Winn Dixie, MetroPCS, China Garden, H&R Block, and Pinch-A-Penny. The Winn Dixie Marketplace store is a high-volume location with completed major renovations and improvements. The property is located on the hard corner of a signalized intersection at 66th St. N. and 102nd Ave N, offering easy access from US 19 and I-275. The center provides a parking ratio of 5.2 spaces per 1,000 square feet and is well maintained. The estimated pass-through expenses for 2025 are $3.74 per square foot. The leasing rate is $22.00 per square foot on a NNN basis. The property size is 127,667 square feet, situated on a 13.79-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CDReload - Online Bitcoin ... Crypto Atm Primo Water Refill ... Big Box & Wholesale Store Wells Fargo ATM Atm Coinhub ATM Atm Western Union Bank

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

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

    Similar Places Nearby

    • Mainlands Shopping Center — 4401-4461 Mainlands Blvd W, Pinellas Park, FL 33782
    • Gateway Xrossing — 11141 US Hwy 19 N, Clearwater, FL 33760

    Location Insight

    • Map
    • Local Demand
    City
    Pinellas Park
    County
    Pinellas
    State
    Florida
    Longitude
    -82.727022
    Latitude
    27.865635

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    FAQs

    What type of property is this?
    Shopping center - Retail, office, and gym spaces available in Pinellas Park, FL.
    Where is this shopping center located?
    The property is located at 6501 102ND AVENUE N Pinellas Park, FL.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Anchored by a high‑volume, recently renovated Winn Dixie Marketplace; Located on a hard corner at a signalized intersection; Flexible space options: Suites available from 1,200 SF to 10,000 SF
    (727) 639-3800
    We can help!
    Listing Contact
    Elliott Ross
    Real Estate License ID: 3079811
    Learn More
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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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