Office-Warehouse Flex
10431 72ND N, Largo, FL 33777
For Sale
New
$4,350,000
A mix of private offices, collaborative work areas, and specialized support spaces occupies a one-story building.
Property Size28,840 SF
Lot Size2.75 Acres
Price / SF$150.83
Days on Market6
Property Features for 10431 72ND N
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Warehouse & Industrial
Three-Phase Power
Cold Storage
Additional Details
Asking Price
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
meeting/training rooms
multipurpose gathering area
full kitchen facilities
inside laundry
shower facilities
fitness area
garage with vehicle lift
Cigar Room
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Listing Agency:
Broderick & Associates Inc
Listed By:
Sean Broderick · License #FL BK526610
(209) 663-3681
Source:
Elliman
Added: Nov 1
Changed: Nov 3
Last Checked: Nov 6 at 10:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Broderick & Associates Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This one-story concrete block and stucco flex property contains 28,840 SF of county gross area on approximately 2.75 acres. Its interior includes private offices, open work areas, meeting and training rooms, and a multipurpose gathering space. Additional features include a full kitchen, laundry and shower facilities, a fitness area, a garage with a vehicle lift, and a cold-storage room. The owner reports a 151 kW solar system installed in 2023, included with the building, and a Firestone roof warranty through March 20, 2034.
Located in Bryan Dairy Center in Pinellas Park, the property has M-1 Light Industrial zoning and an IL Industrial Limited land-use designation. The mapped flood designation is Flood Zone X. The building was constructed in 1983.
Located in Bryan Dairy Center in Pinellas Park, the property has M-1 Light Industrial zoning and an IL Industrial Limited land-use designation. The mapped flood designation is Flood Zone X. The building was constructed in 1983.
Key Highlights
- 28,840 SF of county gross area on approximately 2.75 acres
- One‑story concrete block and stucco construction
- M‑1 Light Industrial zoning and IL Industrial Limited land‑use designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$260,920
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,218,400
$5.2M
Cap Rate 7%
$3,727,429
$3.7M
Cap Rate 9%
$2,899,111
$2.9M
Market Conditions
NOI Build-Up for 28,840 SF
Gross rent
$425.7K $14.76/SF
− Vacancy
−$24.3K −$0.84/SF
EGI
$401.4K $13.92/SF
− OpEx
−$140.5K −$4.87/SF
NOI
$260.9K $9.05/SF
Area
Pinellas County, FL
Vacancy
5.70%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,218,400
Cap Rate 7%
$3,727,429
Cap Rate 9%
$2,899,111
Alternative Uses
Best Use
Flex RnD
$3.73M
$3.26M – $4.35M
NOI $260,920 @ 7.0% cap · market cap 6.00%
Second Best
Warehouse
$3.47M
$3.04M – $4.05M
NOI $242,874 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$7.50M
$6.56M – $8.75M
NOI $525,106 @ 7.0% cap · market cap 12.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
990
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33777, FL
17,793
Population
8,375
Households
2.1
Avg Household Size
48
Median Age
38%
College-Educated
95%
High-School Grad
5.5 sq mi
ZIP Area
3,235
Density / Sq Mi
$88,680
Median Household Income
$44,959
Median Earnings
$1,682
Median Rent
$298,500
Median Home Value
Market
Average Price Trend$/SF for Flex space in Pinellas County, FL
Properties on Market for Flex space in Pinellas County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Sweet Crime Inc — 10707 66th st n #1, pinellas park, fl 33782
- Mozzeria Food Truck — 7995 114th Ave, Largo, FL 33773
- Sorrento Catering — 7935 114th Ave, Largo, FL 33773
Frequently Asked Questions
What type of property is this?
Flex space - A mix of private offices, collaborative work areas, and specialized support spaces occupies a one-story building.
Where is this flex space located?
The property is located at 10431 72ND N Largo, FL.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: 28,840 SF of county gross area on approximately 2.75 acres; One‑story concrete block and stucco construction; M‑1 Light Industrial zoning and IL Industrial Limited land‑use designation
