Freestanding Retail Building with
For Sale
Contact for pricing
3530 49TH ST N, St Petersburg, FL 33710
Remodeled 7,889 SF freestanding retail building with new 2022 roof, 275 feet of frontage, and pole signage on 49th St N.
Property Size7,889 SF
Lot Size0.86 Acres
Price / SF$328.31
Days on Market317
Property Features for 3530 49TH ST N
General Information
Standard status
Active
Size
7,889 SF
Lot size
0.86 Acres
Property subtype
RETAIL
Zoning
Corridor Commercial Suburban – 1
Additional Details
Business Included
No
Traffic Count
22,000 vehicles/day
Building Details
Year Built
1968
Listing Agency:
Ross Realty Group, Inc.
(813) 755-6700
Listed By:
Elliott M. Ross, CCIM · License #BK416734
(727) 639-3800
Source:
Moodyscre
Added: Oct 31, 2025
Changed: Sep 11
Last Checked: Sep 11 at 11:15AM
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 Ross Realty Group, Inc.
Investment Insights
Based on property information with market context.
This highly visible freestanding retail building offers 7,889 SF of space on a nearly one-acre site (.86 acres). Built in 1968 and recently remodeled, the property includes a new roof installed in 2022 and features pole signage on 49th St. N. The site has three access points off 49th St. N., 36 Ave N., and 35th Ave N.
The building sits with 275 feet of frontage on 49th St. N. Traffic is listed at 22,000 vehicles per day. The property is in Flood Zone X and is located directly across from the Publix-anchored Disston Plaza Shopping Center.
Zoning is Corridor Commercial Suburban – 1 (City of St. Petersburg). Parcel IDs include 09-31-16-55224-000-0010 and 09-31-16-55206-000-0130.
The building sits with 275 feet of frontage on 49th St. N. Traffic is listed at 22,000 vehicles per day. The property is in Flood Zone X and is located directly across from the Publix-anchored Disston Plaza Shopping Center.
Zoning is Corridor Commercial Suburban – 1 (City of St. Petersburg). Parcel IDs include 09-31-16-55224-000-0010 and 09-31-16-55206-000-0130.
Key Highlights
- 7,889 SF freestanding retail building built in 1968 and recently remodeled
- New roof installed in 2022
- 0.86‑acre site with 275 feet of frontage on 49th St N and pole signage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$77,450
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,549,000
$1.5M
Cap Rate 7%
$1,106,429
$1.1M
Cap Rate 9%
$860,556
$860.6K
Market Conditions
NOI Build-Up for 7,889 SF
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.
Gross rent
$118.3K $15.00/SF
− Vacancy
−$7.7K −$0.98/SF
EGI
$110.6K $14.03/SF
− OpEx
−$33.2K −$4.21/SF
NOI
$77.5K $9.82/SF
Area
Pinellas County, FL
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,549,000
Cap Rate 7%
$1,106,429
Cap Rate 9%
$860,556
Alternative Uses
Best Use
Retail
$1.11M
$968.1K – $1.29M
NOI $77,450 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.05M
$1.80M – $2.39M
NOI $143,639 @ 7.0% cap · market cap 5.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
22,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
134k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Groceries 35%
Dining 20%
Apparel 7%
Publix
Groceries
46,776 visits/mo
0.0 miles
McDonald's
Dining
22,863 visits/mo
0.4 miles
Dollar Tree
Shops & Services
14,329 visits/mo
0.1 miles
Shell
Shops & Services
10,978 visits/mo
0.1 miles
Bealls
Apparel
9,454 visits/mo
0.1 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Remodeled 7,889 SF freestanding retail building with new 2022 roof, 275 feet of frontage, and pole signage on 49th St N.
Where is this retail space located?
The property is located at 3530 49TH ST N St Petersburg, FL.
What is the asking price?
The asking price for this property is $2,590,000.
What are key features of this property?
This property features: 7,889 SF freestanding retail building built in 1968 and recently remodeled; New roof installed in 2022; 0.86‑acre site with 275 feet of frontage on 49th St N and pole signage
