Freestanding Office
New
For Sale
$899,000
2945 49TH N, St Petersburg, FL 33710
A standalone office property occupies a roughly two-tenths-acre parcel along 49th Street N.
Property Size2,849 SF
Lot Size0.20 Acres
Price / SF$315.55
Days on Market2
Property Features for 2945 49TH N
General Information
Standard status
Active
Size
2,849 SF
Lot size
0.20 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$10,955
Building Details
Building Size
2,849 SF
Year Built
1952
Buildings
1
Listing Agency:
O'Neil Commercial Advisors
Listed By:
Cheri O'Neil · License #BK532677
(813) 787-5669
Source:
Elliman
Added: Oct 16
Last Checked: Oct 16 at 2:07PM
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 O'Neil Commercial Advisors
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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 office building contains 2,849 square feet on an approximately 0.20-acre parcel. Constructed in 1952, the property is situated along 49th Street N in St. Petersburg, Florida.
Walk Score is 36, Bike Score is 48, and Transit Score is 25.
Walk Score is 36, Bike Score is 48, and Transit Score is 25.
Key Highlights
- 2,849 SF freestanding office building
- Approximately 0.20‑acre parcel
- Built in 1952
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,235
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,700
$884.7K
Cap Rate 7%
$631,929
$631.9K
Cap Rate 9%
$491,500
$491.5K
Market Conditions
NOI Build-Up for 2,849 SF
Gross rent
$74.2K $26.04/SF
− Vacancy
−$15.2K −$5.34/SF
EGI
$59.0K $20.70/SF
− OpEx
−$14.7K −$5.18/SF
NOI
$44.2K $15.53/SF
Area
Pinellas County, FL
Vacancy
20.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,700
Cap Rate 7%
$631,929
Cap Rate 9%
$491,500
Alternative Uses
Best Use
Office B
$631.9K
$552.9K – $737.3K
NOI $44,235 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$741.0K
$648.4K – $864.6K
NOI $51,873 @ 7.0% cap · market cap 5.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Explore this area
Business Placement
Demographics for 33710, FL
33,172
Population
16,767
Households
2
Avg Household Size
47
Median Age
37%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
4,147
Density / Sq Mi
$76,908
Median Household Income
$46,520
Median Earnings
$1,577
Median Rent
$312,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A standalone office property occupies a roughly two-tenths-acre parcel along 49th Street N.
Where is this office building located?
The property is located at 2945 49TH N St Petersburg, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 2,849 SF freestanding office building; Approximately 0.20‑acre parcel; Built in 1952
