Warehouse in Central Arts
For Sale
Contact for pricing
1922 Central Ave, Saint Petersburg, FL
Warehouse space in a rapidly developing urban area.
Property Size8,370 SF
Lot Size0.10 Acres
Price / SF$298.57
Days on Market560
Property Features for 1922 Central Ave
General Information
Standard status
Active
Size
8,370 SF
Lot size
0.10 Acres
Property subtype
RETAIL
Listing Agency:
Barkett Realty
(727) 510-7106
Listed By:
John P. Barkett, MAI
(727) 510-7106
Source:
Moodyscre
Added: Jan 21, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:38AM
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 Barkett Realty
Investment Insights
Based on property information with market context.
The property is a warehouse without air conditioning or water, offered in As Is condition. It is suitable for uses such as contractor services or vehicle storage. The location is at the intersection of the Grand Central District, Edge District, and the Warehouse Arts district. The Trails Crossing project is one block away, and the I-Mix 22 concept is two blocks away.
Key Highlights
- Prime location at the crossroads of The Grand Central District, Edge District, and the Warehouse Arts District.
- Proximity to the Trails Crossing project (one block away).
- Close to the I‑Mix 22 concept (two blocks away).
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $125.6k | $15.00 |
| − Vacancy | −$8.2k | −$0.98 |
| EGI | $117.4k | $14.03 |
| − OpEx | −$35.2k | −$4.21 |
| NOI | $82.2k | $9.82 |
8,370 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.17M
$1.03M – $1.37M
NOI $82,172 @ 7.0% cap · market cap 3.29%
Second Best
Warehouse
$1.01M
$881.1K – $1.17M
NOI $70,487 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$2.18M
$1.90M – $2.54M
NOI $152,397 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- You Pack It Storage: Portable Moving & Storage — 1942 2nd Ave S, St. Petersburg, FL 33704
- GojohnnyGo transports — 1300 10th Ave S, St. Petersburg, FL 33705
- The Lock Up Self Storage — 1700 1st Ave S, St. Petersburg, FL 33712
- Stewart Moving & Storage — 2875 7th Ave S, St. Petersburg, FL 33712
- Baycare Box Office — Tropicana Dr., St. Petersburg, FL 33705
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse space in a rapidly developing urban area.
Where is this warehouse located?
The property is located at 1922 Central Ave Saint Petersburg, FL.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: Prime location at the crossroads of The Grand Central District, Edge District, and the Warehouse Arts District.; Proximity to the Trails Crossing project (one block away).; Close to the I‑Mix 22 concept (two blocks away).
