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Industrial Building Near US Hwy 19
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3201 44th Ave N, St Petersburg, FL

Industrial building with loading docks, near major highways.

Property Size8,848 SF
Lot Size0.73 Acres
Price / SF$231.69
Days on Market1148

Property Features for 3201 44th Ave N

General Information

Standard status Active
Size 8,848 SF
Lot size 0.73 Acres
Property subtype INDUSTRIAL
Listing Agency: Klein & Heuchan, Inc.
Listed By: Lawrence D Gilbert
Source: Moodyscre
Added: Jun 14, 2023 Changed: Jul 6 Last Checked: Jul 21 at 6:26AM

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 Klein & Heuchan, Inc.

Investment Insights

Based on property information with market context.

This industrial building, located in Mid-Pinellas County, offers a total area of 8,848 square feet. It features three loading docks. The property is situated adjacent to US Hwy 19 and is located minutes from Interstate 275, 75, and I-4.

Key Highlights

  • Three loading docks for efficient operations.
  • Prime location in Mid‑Pinellas County.
  • Adjacent to US Hwy 19 for easy access.

Financial Insights For Warehouse

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 $92.4k $10.44
− Vacancy −$4.7k −$0.53
EGI $87.7k $9.91
− OpEx −$13.1k −$1.49
NOI $74.5k $8.42
8,848 SF · lease $10.44/SF/yr · vacancy 5.10% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.06M
$931.4K – $1.24M (±1% cap)
NOI $74,513 @ 7.0% cap · market cap 3.63%
Second Best
Industrial
$927.0K
$811.1K – $1.08M (±1% cap)
NOI $64,890 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$2.30M
$2.01M – $2.69M (±1% cap)
NOI $161,100 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Freeman's Ice Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

446
Businesses Nearby
Under-served
Demand for This Use

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial building with loading docks, near major highways.
Where is this warehouse located?
The property is located at 3201 44th Ave N St Petersburg, FL.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Three loading docks for efficient operations.; Prime location in Mid‑Pinellas County.; Adjacent to US Hwy 19 for easy access.
(727) 580-8446 Call to check price and availability
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