Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    445 99Th Ave N Saint Petersburg, FL 33702

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space in a densely populated area of St. Petersburg.

    Property size:
    2,520 SF
    Lot size:
    3.75 Acres

    Property Features for 445 99Th Ave N

    General Information

    Size
    2,520 SF
    Lot size
    3.75 Acres

    We can help!

    Listing Contact
    Daniel Earles
    Daniel Earles
    Source: Moodyscre

    Listing Agent: Daniel Earles

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in St. Petersburg

    Located at the southwest quadrant of Gandy Boulevard and 4th Street in the Gateway area of St. Petersburg, this 2,520-square-foot retail space is situated within a densely populated residential market. The Gateway area is home to more than 2,700 businesses and 60,000 employees. The property offers convenient access to Downtown St. Petersburg, South Tampa, Westshore, Tampa International Airport, Northern Pinellas County, and the Pinellas County gulf coast beaches. It is also less than 2 miles from The Gateway Logistics Center. The existing space was previously built out as a fitness studio.
    Location Intelligence

    Current Use by Public Records

    Tire Choice Auto ... Tire Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6399459
    Latitude
    27.862521

    Nearby Similar for Lease

    • New
      $17 SF/Yr
      4,050 SF

      Central Avenue Mixed-Use Space

      High-visibility St. Petersburg location suitable for various professional uses.
      4021 Central Ave, St Petersburg, FL 33713
      View Details
    • $32 SF/Yr
      3,704 SF

      St. Petersburg Medical Office Space

      Medical office space near hospitals with ample parking and amenities.
      625 6Th Ave S, St Petersburg, FL 33701
      View Details
    • $25 SF/Yr
      33,170 SF

      Top-Floor Executive Office Suite

      Premier St. Petersburg office space with abundant natural light.
      5999 Central Ave, St Petersburg, FL 33710
      View Details
    • $3,250 /Mo
      1,600 SF

      Prime Freestanding Office Building

      Freestanding office building with high visibility and ample parking.
      6465 1St Ave S, St Petersburg, FL 33707
      View Details
    • $23 SF/Yr
      33,170 SF

      Central Avenue Office Suite

      High-visibility St. Petersburg office suite with great amenities.
      5999 Central Ave, St Petersburg, FL 33710
      View Details
    • $30 SF/Yr
      1,415 SF

      Professional Office Space For Lease

      Corner office space in a high-visibility St. Petersburg location.
      5001 4Th St N, St Petersburg, FL 33703
      View Details
    • $8,000 /Mo
      4,500 SF

      Remodeled Mixed-Use Building For Rent

      Remodeled mixed-use building with office and warehouse space for rent.
      2548 30Th Ave N, St Petersburg, FL 33713
      View Details
    • $20 SF/Yr
      8,681 SF

      Prime Central Avenue Mixed-Use Space

      Four units available in a high-traffic St. Petersburg location.
      4200 Central Ave S, St Petersburg, FL 33711
      View Details
    • $450 /Mo
      4,500 SF

      Updated Office Suite with Warehouse

      Modern office suite with warehouse, flexible leasing options available.
      2548 30Th Ave N, St Petersburg, FL 33713
      View Details
    • $1,875 /Mo
      4,500 SF

      Functional Warehouse Space in St. Petersburg

      1,500 SF warehouse ideal for storage, light manufacturing, or operations.
      2548 30Th Ave N, St Petersburg, FL 33713
      View Details
    • $4,125 /Mo
      4,500 SF

      Remodeled Office Suite in St. Petersburg

      Professional office suite with modern finishes and functional layout.
      2548 30Th Ave N, St Petersburg, FL 33713
      View Details
    • $14 SF/Yr
      2,385 SF

      Renovated Warehouse Near I-275

      Recently renovated warehouse with office space, convenient highway access.
      11920 31St Ct N, St Petersburg, FL 33716
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space in a densely populated area of St. Petersburg.
    Where is this retail space located?
    The property is located at 445 99Th Ave N Saint Petersburg, FL.
    What are key features of this property?
    This property features: - Prime location at the SWQ of Gandy Blvd & 4th St with easy access to major areas including Downtown St Petersburg, South Tampa, and Tampa International Airport.; - Situated in the Gateway area, a business hub with over 2,700 businesses and 60,000 employees.; - Proximity (less than 2 miles) to The Gateway Logistics Center.
    (813) 995-7503
    Request Owner's contact information
    445 99Th Ave N Saint Petersburg, FL 33702
    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.
    445 99Th Ave N
    Saint Petersburg, FL 33702
    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
    445 99Th Ave N Saint Petersburg, FL 33702
    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

    We can help!
    Listing Contact
    Daniel Earles
    Daniel Earles
    (813) 995-7503
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.