Freestanding Commercial Building Near
1664 15TH AVENUE S, St Petersburg, FL 33712
For Sale
$439,000
Corner-lot property suitable for retail or service uses.
Property Size1,740 SF
Lot Size0.23 Acres
Price / SF$252.30
Days on Market528
Property Features for 1664 15TH AVENUE S
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
Central air
Pool
Public Pool
Built-Up Roof
Ductless Heating
Tile Flooring
Wall/Window Unit(s) Cooling
Building Details
Year Built
Listing Agency:
KELLER WILLIAMS REALTY- PALM H
(727) 772-0772
Listed By:
BRANDON RIMES · License #3228106
(727) 263-3707
Source:
Corcoran
Added: May 31, 2025
Changed: Aug 8
Last Checked: Aug 25 at 4:40AM
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 KELLER WILLIAMS REALTY- PALM H
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding commercial building is located approximately 2 miles from downtown St. Petersburg. Situated on a corner lot, the property features approximately 1,740 square feet of heated space, with a total area of 2,060 square feet. The layout is flexible and suitable for a variety of retail or service uses. The property benefits from high visibility and ample parking. The sale includes the real estate. The current convenience store operation may be included at no additional cost. Existing equipment, including three refrigerators, a meat freezer, meat slicer, ice cooler, scale, and wrapping machine, will convey as a bonus with the purchase. The ATM and ice-cream cooler do not convey. All inventory will be removed prior to closing unless a buyer chooses to purchase it separately. Located within an Opportunity Zone, this property may qualify for investment incentives, grants, or financing programs. The property is sold As Is.
Key Highlights
- Prime corner‑lot location just 2 miles from downtown St. Petersburg.
- Freestanding commercial building with great visibility and ample parking.
- Located within an Opportunity Zone, potentially qualifying for investment incentives.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,135
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,700
$462.7K
Cap Rate 7%
$330,500
$330.5K
Cap Rate 9%
$257,056
$257.1K
Market Conditions
NOI Build-Up for 1,740 SF
Gross rent
$33.0K $18.96/SF
− Vacancy
−$2.1K −$1.23/SF
EGI
$30.8K $17.73/SF
− OpEx
−$7.7K −$4.43/SF
NOI
$23.1K $13.30/SF
Area
Pinellas County, FL
Vacancy
6.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,700
Cap Rate 7%
$330,500
Cap Rate 9%
$257,056
Alternative Uses
Best Use
Specialty Retail
$330.5K
$289.2K – $385.6K
NOI $23,135 @ 7.0% cap · market cap 5.27%
Second Best
Retail
$296.0K
$259.0K – $345.3K
NOI $20,718 @ 7.0% cap · market cap 4.72%
Theoretical Best
Office A
$452.6K
$396.0K – $528.0K
NOI $31,681 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
810
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 30%
Electronics 14%
Dollar General
Shops & Services
6,994 visits/mo
0.5 miles
China Star
Dining
1,944 visits/mo
0.4 miles
Krispy Krunchy Chicken
Dining
1,849 visits/mo
0.4 miles
Metro by T-Mobile
Electronics
1,779 visits/mo
0.4 miles
Demographics for 33712, FL
26,395
Population
13,055
Households
2
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
6.4 sq mi
ZIP Area
4,124
Density / Sq Mi
$57,729
Median Household Income
$39,589
Median Earnings
$1,440
Median Rent
$300,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Midtown Supermarket — 1856 18th Ave S, St. Petersburg, FL 33712
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Corner-lot property suitable for retail or service uses.
Where is this grocery and convenience store located?
The property is located at 1664 15TH AVENUE S St Petersburg, FL.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Prime corner‑lot location just 2 miles from downtown St. Petersburg.; Freestanding commercial building with great visibility and ample parking.; Located within an Opportunity Zone, potentially qualifying for investment incentives.
