Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    0 ST PETERSBURG DRIVE Oldsmar, FL 34677

    View on Map
    Claim this Listing
    Pending
    $320,000

    Land - OLDSMAR, FL

    Lot size:
    0.55 Acres
    Added:
    Dec 9, 2019
    Days on Market:
    2335
    Last Refresh:
    May 1 at 1:06 pm

    Property Features for 0 ST PETERSBURG DRIVE

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Level, Paved
    Standard status
    Pending
    APN
    23-28-16-63936-004-0060
    Lot size
    0.55 Acres

    Taxes and HOA fees

    Tax Year
    2021
    Tax Annual Amount
    2406.29

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Ginger Tatarzewski
    Ginger Tatarzewski

    Listing agent Ginger Tatarzewski License #3274088

    Listing office FUTURE HOME REALTY INC 13029 W Linebaugh Av Ste 101, Tampa, FL

    Listing date Dec 9, 2019

    MLS# U8068220 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

    Prime Commercial Acreage in Oldsmar

    This 0.55-acre commercial acreage is located in the TCCN district of downtown Oldsmar. The site benefits from existing ground drainage. It is situated one block from an approved new mixed-use development featuring theater/convention space, retail, and residential units, with construction breaking ground soon. The property is also one block from the Galleria mixed-use building and a newly completed mixed-use building at the corner of State St and St Pete Dr. Approved uses include a mixed-use building that could contain up to 8 or 9 retail/office spaces on the ground floor and up to nine spaces (condo/office) on the second floor. The parcel is located three blocks south of Tampa Rd, which sees over 65,000 vehicles daily. Streetscaping will soon be added to the front of the property, featuring underground utilities, 10' sidewalks, and decorative lighting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Oldsmar
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6632543
    Latitude
    28.0330953

    Nearby Similar for Sale

    • $399,900
      1,940 SF

      Renovated Duplex in Prime Location

      Income-producing duplex with modern upgrades in a high-demand rental area.
      3664 MERIDEN AVENUE, OLDSMAR, FL 34677
      View Details
    • $600,000

      Oldsmar Land Parcel For Sale

      Land parcel in Oldsmar, Florida, suitable for commercial development.
      3825 SHORE BOULEVARD, OLDSMAR, FL 34677
      View Details
    • $810,000
      3,468 SF

      Updated Triplex in Central Pinellas

      Turn-key, updated triplex with immediate income potential in Oldsmar, Florida.
      1713 AZALEA COURT, OLDSMAR, FL 34677
      View Details
    • $350,000

      Commercial Land in Downtown Oldsmar

      Commercial land in a rapidly growing area, ideal for development.
      0 ST PETERSBURG DRIVE E, OLDSMAR, FL 34677
      View Details
    • $389,000
      1,500 SF

      Professional Office Space in Oldsmar

      Class B office space near Tampa Road with flexible layout.
      3937 TAMPA ROAD 2, OLDSMAR, FL 34677
      View Details
    • $500,000

      Land in the Heart of Oldsmar

      Versatile land with subdivision potential in a desirable location.
      311 WASHINGTON AVENUE, OLDSMAR, FL 34677
      View Details
    • $810,000
      3,468 SF

      Updated Triplex in Central Pinellas

      Turn-key triplex with updated units and immediate income potential.
      1713 AZALEA Ct, Oldsmar, FL 34677
      View Details
    • $150,000

      Oldsmar Vacant Lot Opportunity

      0.17-acre homesite in Oldsmar, build your dream home!
      436 COUNTRY CLUB DRIVE, OLDSMAR, FL 34677
      View Details
    • $243,900

      Oldsmar Vacant Lot Opportunity

      1.13-acre vacant lot in Oldsmar, build your dream home.
      STRATHMORE AVENUE, OLDSMAR, FL 34677
      View Details
    • $435,000
      1,419 SF

      Corner Office Condo Investment Opportunity

      Class A office condo in Oldsmar, fully leased to national firm.
      300 State Street East, Oldsmar, FL 34677,
      View Details
    • $1,750,000
      6,100 SF

      Renovated Flex Space in Oldsmar

      Turn-key flex industrial/office property with recent improvements, ideal for investors.
      325 MEARS BOULEVARD #100, OLDSMAR, FL 34677
      View Details
    • $1,039,000
      3,178 SF

      Oldsmar Office Space Available

      Office space for lease in Cypress Lakes Office Complex.
      180 Pine Ave N, Oldsmar, FL
      View Details

    FAQs

    What type of property is this?
    Commercial land - Development opportunity in growing downtown Oldsmar near upcoming mixed-use project.
    Where is this commercial land located?
    The property is located at 0 ST PETERSBURG DRIVE Oldsmar, FL.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: Outstanding opportunity for developers in the rapidly growing downtown Oldsmar TCCN district.; Approved for a variety of uses, including a mixed‑use building with retail/office and condo/office spaces.; Located one block from an approved new theater/convention space, retail, and residential mixed‑use development.
    (813) 766-7758
    We can help!
    Listing Contact
    Ginger Tatarzewski
    Ginger Tatarzewski
    Real Estate License ID: 3274088
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    0 ST PETERSBURG DRIVE, OLDSMAR, FL 34677

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!