Flex Space with Warehouse
1801 28th St N St Petersburg, FL 33712
1801 28th St N, St Petersburg, FL, 33712
$1,495,000
For Sale
$1,495,000
Updated flex property includes showroom, multiple offices, and warehouse access via an overhead door.
Property Size4,152 SF
Price / SF$360.07
Days on Market76
Property Features for 1801 28th St N
General Information
- Standard status
- Active
- Size
- 4,152 SF
Listing agency
BHHS FLORIDA PROPERTIES GROUP
(727) 460-4901
Listed by
Renee Landes
(727) 460-4901
Source
Exprealty
Added: May 7 Updated: Jul 21 at 3:54PM Checked: Jul 21 at 3:54PM
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 BHHS FLORIDA PROPERTIES GROUP
Investment Insights
Based on property information with market context.
This updated flex space combines showroom, reception, and office functionality with a dedicated warehouse component. Upon entry, the layout opens to a showroom/reception area, followed by multiple private office areas and a spacious conference room. Additional open areas can be configured for business use, supported by multiple restrooms, a shower, and a kitchenette.
The warehouse portion includes an overhead door for straightforward deliveries and storage access. Outdoor storage is also available. Recent improvements include a new roof installed in 2025 and a new air conditioner in 2024.
The space is arranged to support a professional front-of-house presence while maintaining practical back-of-house capabilities through the integrated warehouse and overhead door access.
The warehouse portion includes an overhead door for straightforward deliveries and storage access. Outdoor storage is also available. Recent improvements include a new roof installed in 2025 and a new air conditioner in 2024.
The space is arranged to support a professional front-of-house presence while maintaining practical back-of-house capabilities through the integrated warehouse and overhead door access.
Key Highlights
- Updated commercial flex space with showroom/reception, multiple private offices, and conference room.
- Dedicated warehouse component with an overhead door for easy delivery access and storage.
- Multiple restrooms plus a shower and kitchenette for added on‑site functionality.
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 | $108.1k | $26.04 |
| − Vacancy | −$22.2k | −$5.34 |
| EGI | $86.0k | $20.70 |
| − OpEx | −$21.5k | −$5.18 |
| NOI | $64.5k | $15.53 |
4,152 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$920.9K
$805.8K – $1.07M
NOI $64,465 @ 7.0% cap · market cap 4.31%
Second Best
Retail
$582.3K
$509.5K – $679.4K
NOI $40,762 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$1.08M
$945.0K – $1.26M
NOI $75,598 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Voltage Solutions
Electrical Service
Local Builders
Construction Company
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Updated flex property includes showroom, multiple offices, and warehouse access via an overhead door.
Where is this flex space located?
The property is located at 1801 28th St N St Petersburg, 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: Updated commercial flex space with showroom/reception, multiple private offices, and conference room.; Dedicated warehouse component with an overhead door for easy delivery access and storage.; Multiple restrooms plus a shower and kitchenette for added on‑site functionality.
