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Industrial Building in Clearwater

2051 RANGE ROAD Clearwater, FL 33765

2051 RANGE ROAD, Clearwater, FL, 33765

$799,000

For Sale

$799,000

3,719 SF industrial building with office and warehouse space.

Property Size3,971 SF

Lot Size0.36 Acres

Price / SF$201.21

AddedFeb 27, 2025

Days on Market503

Last RefreshApr 6 at 4:02 am

Property Features for 2051 RANGE ROAD

General Information

Standard status: Active
Size: 3,971 SF
Lot size: 0.36 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1966

Listing office SMITH & ASSOCIATES REAL ESTATE

Listing date Feb 27, 2025

Source Exitrealty

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 SMITH & ASSOCIATES REAL ESTATE

Investment Insights

Based on property information with market context.

This 3,719 square-foot block building is located in an industrial area of Clearwater. Zoned E-1, the property sits on over a third of an acre and is currently used as office and storage space. The warehouse section features a 14-foot ceiling height, a 10-foot roll-up door, and a truck well. The property is suitable for both owner-users and investors. There is a tenant in place with a lease ending at the end of April.

Key Highlights

Zoned E‑1 in Clearwater industrial area, suitable for various business uses.
Building size of 3,719 square feet on over a third of an acre.
Features a warehouse section with 14‑foot ceiling height, a 10‑foot roll‑up door, and a truck well.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$58.6k	$14.76
− Vacancy	−$3.3k	−$0.84
EGI	$55.3k	$13.92
− OpEx	−$19.3k	−$4.87
NOI	$35.9k	$9.05

3,971 SF · lease $14.76/SF/yr · vacancy 5.70% · expense 35.00%

Alternative Uses

Best Use

Flex RnD

$513.2K

$449.1K – $598.8K (±1% cap)

NOI $35,926 @ 7.0% cap · market cap 4.50%

Second Best

Warehouse

$477.7K

$418.0K – $557.4K (±1% cap)

NOI $33,441 @ 7.0% cap · market cap 4.19%

Theoretical Best

Office A

$1.11M

$974.8K – $1.30M (±1% cap)

NOI $77,987 @ 7.0% cap · market cap 9.76%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Hutton Medical Corporation Medical Clinic

Suggested Use

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For sale
Flex space
FL
Clearwater
33765
2051 RANGE ROAD

What type of property is this?

Flex space - 3,719 SF industrial building with office and warehouse space.

Where is this flex space located?

The property is located at 2051 RANGE ROAD Clearwater, FL.

What is the asking price?

The asking price for this property is $799,000.

What are key features of this property?

This property features: Zoned E‑1 in Clearwater industrial area, suitable for various business uses.; Building size of 3,719 square feet on over a third of an acre.; Features a warehouse section with **14‑foot ceiling height, a 10‑foot roll‑up door, and a truck well.**