Industrial Property with Warehouse
12433 66TH STREET Largo, FL 33773
12433 66TH STREET, Largo, FL, 33773
$1,495,000
For Sale
$1,495,000
Fenced industrial site with a small warehouse featuring three overhead doors and a block office or showroom.
Property Size2,940 SF
Lot Size0.67 Acres
Price / SF$508.50
Days on Market16
Property Features for 12433 66TH STREET
General Information
- Standard status
- Active
- Size
- 2,940 SF
- Lot size
- 0.67 Acres
- Property subtype
- Warehouse
Building Details
- Year Built
- 1983
Listing Agency
SMITH & ASSOCIATES REAL ESTATE
(727) 282-1788
Listed by
Patrick Calhoon · License #259869
Source
Miharaandassociates
Added: Jul 6 Updated: Jul 20 at 4:27 am Checked: Jul 20 at 4:27 am
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 for-sale industrial property includes a fenced site with an electronic security gate and a warehouse plus office/showroom building. The warehouse is approximately 1,680 square feet and has three overhead doors. An additional block office or showroom space is approximately 1,160 square feet, providing room for office use and customer-facing display.
The property is located on heavily traveled 66th St N, just south of Ulmerton Rd. A large pole sign is included for visibility.
As described in the marketing materials, the combination of fenced outdoor space and warehouse/office improvements is suited for a range of light industrial and service-oriented business uses, including retail, wholesale, distribution, light manufacturing, service businesses, and automotive repair. Please see the marketing package for additional details and photos.
The property is located on heavily traveled 66th St N, just south of Ulmerton Rd. A large pole sign is included for visibility.
As described in the marketing materials, the combination of fenced outdoor space and warehouse/office improvements is suited for a range of light industrial and service-oriented business uses, including retail, wholesale, distribution, light manufacturing, service businesses, and automotive repair. Please see the marketing package for additional details and photos.
Key Highlights
- 1983‑built industrial site on heavily traveled 66th St N, just south of Ulmerton Rd
- 29,000 SF fenced property with electronic security gate
- 1,680 SF warehouse with 3 overhead doors
Local Financial Insights For Office B
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 | $76.6k | $26.04 |
| − Vacancy | −$15.7k | −$5.34 |
| EGI | $60.9k | $20.70 |
| − OpEx | −$15.2k | −$5.18 |
| NOI | $45.6k | $15.53 |
2,940 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$652.1K
$570.6K – $760.8K
NOI $45,647 @ 7.0% cap · market cap 3.05%
Second Best
Warehouse
$353.7K
$309.5K – $412.7K
NOI $24,759 @ 7.0% cap · market cap 1.66%
Theoretical Best
Office A
$764.7K
$669.1K – $892.2K
NOI $53,530 @ 7.0% cap · market cap 3.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Red Rover Moving ...
Storage Facility
Similar For Sale Nearby
Similar Off Market Nearby
- Blue Line Workshops — 6254 118th Ave N, Largo, FL 33773
- Allen Storage — 6700 118th Ave N, Largo, FL 33773
- U-STOR Self Storage — 11702 66th St N, Largo, FL 33773
- SnowBird Storage — 6235 118th Ave N, Largo, FL 33773
- Boat Yard Captain Levi's LLC — 11600 66th St N, Largo, FL 33773
FAQs
What type of property is this?
Warehouse - Fenced industrial site with a small warehouse featuring three overhead doors and a block office or showroom.
Where is this warehouse located?
The property is located at 12433 66TH STREET Largo, FL.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 1983‑built industrial site on heavily traveled 66th St N, just south of Ulmerton Rd; 29,000 SF fenced property with electronic security gate; 1,680 SF warehouse with 3 overhead doors