Building Details

Year Built 1968

Stories 2

Listing Agency: KW Commercial Tampa Bay

Listed By: Hal Holder · License #SL3416459

Source: Crexi

Added: Jul 1 Changed: Oct 5 Last Checked: Oct 14 at 8:22PM

Report an Issue

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 KW Commercial Tampa Bay

Investment Insights

Based on property information with market context.

This 0.236-acre property is identified as mixed-use land with C-2 zoning. The site is located at 1130 Pinellas Bayway S in Tierra Verde, Florida.

Key Highlights

• 0.236‑acre mixed‑use property
• C‑2 zoning
• 1130 Pinellas Bayway S, Tierra Verde, FL

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$107,160

Cap Rate

6.91%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,143,200 $2.1M

Cap Rate 7%

$1,530,857 $1.5M

Cap Rate 9%

$1,190,667 $1.2M

Market Conditions

NOI Build-Up for 8,628 SF

Gross rent

$186.4K $21.60/SF

− Vacancy

−$14.9K −$1.73/SF

EGI

$171.5K $19.87/SF

− OpEx

−$64.3K −$7.45/SF

NOI

$107.2K $12.42/SF

Area

Pinellas County, FL

Vacancy

8.00%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,143,200

Cap Rate 7%

$1,530,857

Cap Rate 9%

$1,190,667

Alternative Uses

Best Use

Mixed Use

$1.53M

$1.34M – $1.79M (±1% cap)

NOI $107,160 @ 7.0% cap · market cap 6.91%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$2.24M

$1.96M – $2.62M (±1% cap)

NOI $157,095 @ 7.0% cap · market cap 10.14%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop Hair Salon Kitchen & Bath Showroom Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

180

Businesses Nearby

Explore this area Business Placement

Demographics for 33715, FL

7,876

Population

7,060

Households

1.1

Avg Household Size

65

Median Age

57%

College-Educated

98%

High-School Grad

3.8 sq mi

ZIP Area

2,073

Density / Sq Mi

$105,068

Median Household Income

$65,357

Median Earnings

$2,843

Median Rent

$539,700

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mixed-use property - The parcel carries C-2 zoning and is identified as a mixed-use property.

Where is this mixed-use property located?

The property is located at 1130 PINELLAS BAYWAY S Tierra Verde, FL.

What is the asking price?

The asking price for this property is $1,550,000.

What are key features of this property?

This property features: 0.236‑acre mixed‑use property; C‑2 zoning; 1130 Pinellas Bayway S, Tierra Verde, FL