Industrial Building in Mid-Pinellas
3201 44th Ave N St Petersburg, FL 33714
3201 44th Ave N, St Petersburg, FL, 33714
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For Sale
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Industrial building with loading docks, near major highways.
Property Size8,800 SF
Price / SF$249.43
Days on Market718
Property Features for 3201 44th Ave N
General Information
- Standard status
- Active
- Size
- 8,800 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1972
Listing Agency
Klein & Heuchan Inc
(727) 441-1951
Listed by
Mark Klein · License #FL BK136744
Source
Crexi
Added: Jul 30, 2024 Checked: Jul 15 at 8:34 pm
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 is located in Mid-Pinellas County. The property features three loading docks. Its location is adjacent to US Highway 19 and offers convenient access to Interstates 275, 75, and I-4.
Key Highlights
- Prime location in Mid‑Pinellas County.
- Excellent highway access: Adjacent to US Highway 19 and minutes from Interstates 275, 75, and I‑4.
- Three loading docks for efficient operations.
Local Financial Insights For Industrial
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 | $97.2k | $11.04 |
| − Vacancy | −$5.0k | −$0.56 |
| EGI | $92.2k | $10.48 |
| − OpEx | −$27.7k | −$3.14 |
| NOI | $64.5k | $7.33 |
8,800 SF · lease $11.04/SF/yr · vacancy 5.10% · expense 30.00%
Alternative Uses
Best Use
Industrial
$922.0K
$806.7K – $1.08M
NOI $64,538 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.29M
$2.00M – $2.67M
NOI $160,226 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Freeman's Ice
Big Box & Wholesale Store
Similar For Sale Nearby
FAQs
What type of property is this?
Industrial property - Industrial building with loading docks, near major highways.
Where is this industrial property 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 $2,195,000.
What are key features of this property?
This property features: Prime location in Mid‑Pinellas County.; Excellent highway access: Adjacent to US Highway 19 and minutes from Interstates 275, 75, and I‑4.; Three loading docks for efficient operations.
