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    4800 Park Blvd Pinellas Park, FL 33781

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    For Sale
    $6,500,000

    NNN leased retail building with rental increases and options.

    Property size:
    21,831 SF
    Lot size:
    0.86 Acres

    Property Features for 4800 Park Blvd

    General Information

    Size
    21,831 SF
    Lot size
    0.86 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

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

    Overview

    Pinellas Park Retail Opportunity

    This retail property features an absolute triple-net (NNN) lease with zero landlord responsibilities. The original twenty-year lease has approximately 2.3 years remaining, with three percent rental increases annually and two, five-year options remaining. The property includes a large pylon sign along Park Blvd and is adjacent to a SimonMed Imaging Center. Access is available via Park Blvd, which sees over 48,760 vehicles per day. The site is situated on a 0.58-acre lot and includes an approximately 13,737-square-foot building with 37 parking spaces. The site formerly served six tenants. Average medical office rents are $24.45/sf within a 10-mile radius of the property.
    Insight Report Location Intelligence

    Current Use by Public Records

    SimonMed Imaging (was ... Medical Diagnostic Imaging Center Mangat Gagandeep S ... Radiologist Patel Vimal H ... Radiologist SimonMed Imaging - Park ... Medical Diagnostic Imaging Center Gateway Superbill No ... Medical Billing Service

    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
    Pinellas Park
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6987376
    Latitude
    27.8387271

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    FAQs

    What type of property is this?
    Retail space - NNN leased retail building with rental increases and options.
    Where is this retail space located?
    The property is located at 4800 Park Blvd Pinellas Park, FL.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - Absolute Triple-Net (NNN) Lease | Zero (0) Landlord Responsibilities; - Three Percent (3.00%) Rental Increases Annually | Two (2), Five (5)-Year Options Remaining; - Large Pylon Sign Along Park Blvd | Access Point Via Park Blvd | Over 48,760 Vehicles Per Day
    (332) 345-2408
    Request Owner's contact information
    4800 Park Blvd Pinellas Park, FL 33781
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    Pinellas Park, FL 33781
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    Realmo Value Estimation

    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.

    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.

    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
    4800 Park Blvd Pinellas Park, FL 33781
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