Mixed-Use Office/Warehouse
10431 72nd St N, Pinellas Park, FL 33777
For Sale
Contact for pricing
A one-story building pairs private offices and shared work areas with warehouse space and on-site amenities.
Property Size28,840 SF
Lot Size2.75 Acres
Price / SF$150.83
Days on Market12
Property Features for 10431 72nd St N
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Warehouse & Industrial
Three-Phase Power
Cold Storage
Additional Details
Asking Price
Property Use
Amenities
full kitchen facilities
inside laundry
shower facilities
fitness area
garage with vehicle lift
Cigar Room
Building Details
Buildings
Stories
Building Size
Construction
Listing Agency:
Broderick & Associates Inc
Listed By:
Sean Broderick, CCIM · License FL BK526610
(209) 663-3681
Source:
Crexi
Added: Oct 31
Changed: Nov 10
Last Checked: Nov 10 at 5:32AM
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 office/warehouse property contains 28,840 SF of county gross area, including porch and utility categories; the current office-to-warehouse area split has not been verified. The approximately 2.75-acre site includes private offices, open work areas, meeting and training rooms, a gathering area, kitchen, laundry, showers, fitness area, garage with vehicle lift, and cold-storage room. Three-phase power serves the building, and a 151 kW solar system installed in 2023 is included. Dock-high loading is identified, with configuration and dimensions subject to verification.
The property is in Bryan Dairy Center in Pinellas Park. Its designations include M-1 Light Industrial zoning and IL Industrial Limited land use, and the mapped flood designation is Flood Zone X. The owner reports no roof leaks and a Firestone roof warranty through March 20, 2034; coverage and transfer terms require verification. Equipment and furnishings are negotiable unless separately included in writing, and availability and vacant delivery are subject to agreement.
The property is in Bryan Dairy Center in Pinellas Park. Its designations include M-1 Light Industrial zoning and IL Industrial Limited land use, and the mapped flood designation is Flood Zone X. The owner reports no roof leaks and a Firestone roof warranty through March 20, 2034; coverage and transfer terms require verification. Equipment and furnishings are negotiable unless separately included in writing, and availability and vacant delivery are subject to agreement.
Key Highlights
- 28,840 SF of county gross area, including porch and utility categories
- Approximately 2.75 acres in Bryan Dairy Center, Pinellas Park
- 151 kW solar system installed in 2023 is included with the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$242,874
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,857,480
$4.9M
Cap Rate 7%
$3,469,629
$3.5M
Cap Rate 9%
$2,698,600
$2.7M
Market Conditions
NOI Build-Up for 28,840 SF
Gross rent
$301.1K $10.44/SF
− Vacancy
−$15.4K −$0.53/SF
EGI
$285.7K $9.91/SF
− OpEx
−$42.9K −$1.49/SF
NOI
$242.9K $8.42/SF
Area
Pinellas County, FL
Vacancy
5.10%
Lease Rate
$10.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,857,480
Cap Rate 7%
$3,469,629
Cap Rate 9%
$2,698,600
Alternative Uses
Best Use
Mixed Use
$6.40M
$5.60M – $7.46M
NOI $447,741 @ 7.0% cap · market cap 10.29%
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
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 Mixed-use properties in Pinellas County, FL
Properties on Market for Mixed-use properties in Pinellas County
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A one-story building pairs private offices and shared work areas with warehouse space and on-site amenities.
Where is this mixed-use property located?
The property is located at 10431 72nd St N Pinellas Park, 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, including porch and utility categories; Approximately 2.75 acres in Bryan Dairy Center, Pinellas Park; 151 kW solar system installed in 2023 is included with the building
