Multi-Bay Flex
For Sale
$2,300,000
3580 66th Ave N, Pinellas Park, FL 33781
The property combines small-bay units, office space, and secured outdoor areas.
Property Size8,516 SF
Price / SF$270.08
Days on Market47
Property Features for 3580 66th Ave N
General Information
Standard status
Active
Size
8,516 SF
Site & Location
Neighborhood
Burnside Lealman
Building Details
Year Built
1967
Listing Agency:
KELLER WILLIAMS REALTY- PALM H
Listed By:
Janet Faulkner · License #066987
(978) 828-8944
Source:
Chenoregroup
Added: Sep 7
Changed: Oct 6
Last Checked: Oct 7 at 3:33PM
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 KELLER WILLIAMS REALTY- PALM H
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Investment Insights
Based on property information with market context.
This flex property contains 8,516± SF on 0.47± acres, with approximately 7,200± SF of warehouse area and 700± SF of office space. The block-built facility is arranged as multiple small-bay units and includes 24 grade-level overhead doors measuring 9’ x 8’, 9.5’ ceiling heights, secured outdoor areas, and a recently installed TPO roof. Automotive lifts and equipment are also in place.
The property is located at 3580 66th Ave N in Pinellas Park, just off US Hwy 19, where exposure exceeds 66,000 vehicles per day. The current configuration includes 27 leasable units with month-to-month tenancy. Built in 1967, the asset offers a combination of warehouse, office, loading, and outdoor-use areas within an established industrial corridor.
The property is located at 3580 66th Ave N in Pinellas Park, just off US Hwy 19, where exposure exceeds 66,000 vehicles per day. The current configuration includes 27 leasable units with month-to-month tenancy. Built in 1967, the asset offers a combination of warehouse, office, loading, and outdoor-use areas within an established industrial corridor.
Key Highlights
- 8,516± SF industrial property on 0.47± acres
- Approximately 7,200± SF warehouse space and 700± SF office space
- 24 grade‑level overhead doors measuring 9’ x 8’
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,606
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,672,120
$1.7M
Cap Rate 7%
$1,194,371
$1.2M
Cap Rate 9%
$928,956
$929.0K
Market Conditions
NOI Build-Up for 8,516 SF
Gross rent
$127.7K $15.00/SF
− Vacancy
−$8.3K −$0.98/SF
EGI
$119.4K $14.03/SF
− OpEx
−$35.8K −$4.21/SF
NOI
$83.6K $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 Rate 5%
$1,672,120
Cap Rate 7%
$1,194,371
Cap Rate 9%
$928,956
Alternative Uses
Best Use
Retail
$1.19M
$1.05M – $1.39M
NOI $83,606 @ 7.0% cap · market cap 3.64%
Second Best
Flex RnD
$1.10M
$963.1K – $1.28M
NOI $77,045 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$2.22M
$1.94M – $2.58M
NOI $155,056 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,189
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 33781, FL
27,349
Population
12,370
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
82%
High-School Grad
6.6 sq mi
ZIP Area
4,144
Density / Sq Mi
$55,378
Median Household Income
$37,039
Median Earnings
$1,197
Median Rent
$251,200
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Catering By Lundy's — 3851 62nd Ave N suite b, Pinellas Park, FL 33781
Frequently Asked Questions
What type of property is this?
Flex space - The property combines small-bay units, office space, and secured outdoor areas.
Where is this flex space located?
The property is located at 3580 66th Ave N Pinellas Park, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 8,516± SF industrial property on 0.47± acres; Approximately 7,200± SF warehouse space and 700± SF office space; 24 grade‑level overhead doors measuring 9’ x 8’
