Flex Space with Loading
For Sale
Under Contract
$1,699,000
2901 44TH Avenue N, St Petersburg, FL 33714
Commercial Sale, ST PETERSBURG, FL
Property Size17,380 SF
Lot Size1.05 Acres
Price / SF$100.53
Days on Market50
Property Features for 2901 44TH Avenue N
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
E-1
Accessibility
Accessible Approach with Ramp
Subdivision
JOES CREEK INDUST PARK 2ND ADD
Lot features
Drainage Canal, Industrial Park, Oversized Lot, Street Lights, Paved, Turn Around
Directions
Northbound on 28th Street N, turn left onto 44th Ave N. Property is on your righthand side.
Standard status
Active Under Contract
APN
02-31-16-44118-000-0060
Size
16,900 SF
Lot size
1.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
JOE'S CREEK INDUSTRIAL PARK 2ND ADD W 200FT OF LOT B-6
Tax Annual Amount
24402
Legal Description
JOE'S CREEK INDUSTRIAL PARK 2ND ADD W 200FT OF LOT B-6
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Water front features
Creek
Water front
1
Building Details
Year built
1965
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Concrete, Stucco
Roof type
Metal
Listing Agency:
COMPASS FLORIDA LLC
(727) 380-2067
Listed By:
Matthew Erickson
(239) 269-7443
Added: Aug 27
Changed: Sep 17
Last Checked: Oct 15 at 7:06AM
MLS# TB8541113
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This standalone flex facility combines a concrete-and-stucco structure with reception, offices, meeting rooms, storage areas, a loading dock, and additional overhead bays. An accessibility ramp, ducted HVAC, central heating and cooling, 3-phase electric service, and a metal roof replaced in 2018 support a range of operational layouts. The building dates to 1965 and includes concrete flooring.
The property occupies 1.05 acres at 2901 44th Avenue N in St. Petersburg’s Joe’s Creek Industrial Park. Access is available from public and privately maintained roads, with connections to US 19 and I-275 through nearby 28th Street N and 38th Avenue North. The site also offers 18 dedicated parking spaces, truck maneuvering area, wide 44th Avenue frontage, public water and sewer, and nearby CSX rail infrastructure.
The property occupies 1.05 acres at 2901 44th Avenue N in St. Petersburg’s Joe’s Creek Industrial Park. Access is available from public and privately maintained roads, with connections to US 19 and I-275 through nearby 28th Street N and 38th Avenue North. The site also offers 18 dedicated parking spaces, truck maneuvering area, wide 44th Avenue frontage, public water and sewer, and nearby CSX rail infrastructure.
Key Highlights
- 1.05‑acre flex property at 2901 44th Avenue N, St. Petersburg, FL 33714
- 17,380 Total SqFt stated in property remarks; conflicting size data omitted from copy
- Loading dock, additional overhead bays, truck turn‑around, and extra storage areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,897
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,057,940
$3.1M
Cap Rate 7%
$2,184,243
$2.2M
Cap Rate 9%
$1,698,856
$1.7M
Market Conditions
NOI Build-Up for 16,900 SF
Gross rent
$249.4K $14.76/SF
− Vacancy
−$14.2K −$0.84/SF
EGI
$235.2K $13.92/SF
− OpEx
−$82.3K −$4.87/SF
NOI
$152.9K $9.05/SF
Area
Pinellas County, FL
Vacancy
5.70%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,057,940
Cap Rate 7%
$2,184,243
Cap Rate 9%
$1,698,856
Alternative Uses
Best Use
Flex RnD
$2.18M
$1.91M – $2.55M
NOI $152,897 @ 7.0% cap · market cap 9.00%
Second Best
Warehouse
$2.03M
$1.78M – $2.37M
NOI $142,322 @ 7.0% cap · market cap 8.38%
Theoretical Best
Office A
$4.40M
$3.85M – $5.13M
NOI $307,708 @ 7.0% cap · market cap 18.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
980
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33714, FL
19,905
Population
9,889
Households
2
Avg Household Size
44
Median Age
20%
College-Educated
86%
High-School Grad
3.7 sq mi
ZIP Area
5,380
Density / Sq Mi
$47,221
Median Household Income
$36,207
Median Earnings
$1,270
Median Rent
$177,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Standalone concrete-and-stucco facility includes offices, meeting rooms, overhead bays, and a truck turnaround.
Where is this flex space located?
The property is located at 2901 44TH Avenue N St Petersburg, FL.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: 1.05‑acre flex property at 2901 44th Avenue N, St. Petersburg, FL 33714; 17,380 Total SqFt stated in property remarks; conflicting size data omitted from copy; Loading dock, additional overhead bays, truck turn‑around, and extra storage areas
