Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3702 131st Ave N Clearwater, FL

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr

    15,000 SF warehouse with upgraded office space and dock.

    Type:INDUSTRIAL
    Property size:
    15,000 SF
    Lot size:
    0.90 Acres
    Added:
    Nov 3, 2025
    Days on Market:
    149
    Last Refresh:
    Mar 29 at 11:32 pm

    Property Features for 3702 131st Ave N

    General Information

    Standard status
    Active
    Size
    15,000 SF
    Lot size
    0.90 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 3702 131st Ave N Contact us

    We can help!

    Listing Contact
    Elliott M. Ross, CCIM

    Listing agent Elliott M. Ross, CCIM License #3079811

    Listing office Ross Realty Group, Inc.

    Listing date Nov 3, 2025

    Source Moodyscre

    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.

    Overview

    15,000 SF Warehouse For Rent

    This 15,000 square foot warehouse, upgraded in 2020, features an 18-foot clear ceiling height and is located just off Ulmerton Road. It includes a 10x14 grade level overhead door and a 10x10 overhead door with leveler and dock/well. Constructed of concrete block, the property also offers 1,900 square feet of air-conditioned office space. Electrical service is provided via a 3-phase, 400 amp, 240 volt system, installed in 2020. The property has a new roof, installed in 2020. Zoning is M-1 Light Industrial within the City of Pinellas Park. There are 24+ parking spaces available. Built in 1983, the property is currently occupied through about December 15, 2025. Real estate taxes are $1.55 per square foot, and insurance is $1.00 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    PROSHRED Tampa Recycling Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Nail Salon Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • A-Quality Self Storage — 4499 126th Ave N, Clearwater, FL 33762, United States
    • Milam Container and Logistics LLC. — 4405 122nd Ave N, Clearwater, FL 33760
    • UNITS Moving & Portable Storage of Tampa Bay — 12450 Automobile Blvd, Clearwater, FL 33762
    • Chill Storage — 12200 34th St N, Clearwater, FL 33762
    • Moving Ahead Services — 4479 122nd Ave N Suite A, Clearwater, FL 33762

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6843
    Latitude
    27.8907

    Nearby Similar for Lease

    • $170,928/mo

      Renovated Commercial Building in Clearwater

      Completely renovated commercial building suitable for various business types.
      1710 N FORT HARRISON AVENUE, CLEARWATER, FL 33755
      View Details
    • $104,786/mo

      Upscale Office and Retail Space

      Professional office and retail spaces available in landmark Belleair location.
      1465 S FORT HARRISON AVENUE, CLEARWATER, FL 33756
      View Details
    • $18/mo

      Clearwater Medical Office Space Available

      Prime medical office space in Clearwater near Morton Plant Hospital.
      1005 PINELLAS STREET, CLEARWATER, FL 33756
      View Details
    • Contact for pricing

      Professional Office Space in Clearwater

      Professional office suites available for lease in Clearwater, Florida.
      13246 38TH STREET N, CLEARWATER, FL 33762
      View Details
    • Contact for pricing

      Professional Space in Clearwater, FL

      Versatile 372 sq ft space suitable for various business uses.
      13246 38TH STREET N, CLEARWATER, FL 33762
      View Details
    • Contact for pricing

      Professional Space in Clearwater, FL

      Versatile 755 sqft office space suitable for various businesses.
      13246 38TH STREET N, CLEARWATER, FL 33762
      View Details
    • Sponsored
      Contact for pricing

      FL, Clearwater - Countryside Corporate Ctr

      2536 Countryside Blvd, Clearwater, FL 33763
      View Details
    • Sponsored
      Contact for pricing

      FL, Clearwater - Tech Data Dr

      5225 Tech Data Dr, Clearwater, FL 33760
      View Details
    • Contact for pricing

      FL, Clearwater - US Highway 19N

      29399 Us Highway 19, Clearwater, FL 33761
      View Details
    • $11/mo

      Clearwater Medical Space on Gulf

      13,000 SF medical space on busy Gulf to Bay.
      1685 Gulf to Bay Boulevard, Clearwater, FL 33755
      View Details
    • $54,068/mo

      Clearwater Office Space Available

      Office space available for rent in Clearwater, Florida.
      29399 US HIGHWAY 19 N, CLEARWATER, FL 33761
      View Details
    • Contact for pricing

      Clearwater Office Space For Rent

      984 SF office space available for lease in Clearwater.
      501 S LINCOLN AVENUE 202, CLEARWATER, FL 33756
      View Details

    FAQs

    What type of property is this?
    Warehouse - 15,000 SF warehouse with upgraded office space and dock.
    Where is this warehouse located?
    The property is located at 3702 131st Ave N Clearwater, FL.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 15,000 SF Warehouse with **18’FT Clear Ceiling Height**; Convenient location just off Ulmerton Rd; Upgraded in 2020 with new offices and new roof
    (727) 639-3800
    We can help!
    Listing Contact
    Elliott M. Ross, CCIM
    Real Estate License ID: 3079811
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!