Fully Leased Industrial Asset

4501 107 Cir N, Clearwater, FL 33762

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For Sale

$3,250,000

Multi-unit property with stable income in a desirable location.

Type:Industrial

Property size:

22,400 SF

Price / SF:

$145/SF

HighLights

100% occupied, providing immediate and stable income.
Two buildings totaling ten light industrial units.
Well‑suited for service, storage, distribution, and contractor operations.
Functional layouts and on‑site parking.
Convenient access to major thoroughfares.
Located in an established and in‑demand business area.

We can help!

Listing Contact

Carter Clarke, IV

Learn more

For Sale

$3,250,000

Multi-unit property with stable income in a desirable location.

Type:Industrial

Property size:

22,400 SF

Price / SF:

$145/SF

Added:: Apr 24, 2026
Days on Market:: 47
Last Refresh:: Apr 24 at 4:45 pm

Property Features for 4501 107 Cir N

General Information

Standard status: Active
Size: 22,400 SF
Property subtype: Industrial

Building Details

Year Built: 1986

We can help!

Listing Contact

Carter Clarke, IV

Listing agent Carter Clarke, IV License #3289085

Listing office REALTY EXPERTS

Listing date Apr 24, 2026

Source Elliman

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 REALTY EXPERTS

HighLights

100% occupied, providing immediate and stable income.
Two buildings totaling ten light industrial units.
Well‑suited for service, storage, distribution, and contractor operations.
Functional layouts and on‑site parking.
Convenient access to major thoroughfares.
Located in an established and in‑demand business area.

Overview

The property at 4501 & 4521 107th Cir N consists of two buildings, each with 11,200 square feet, totaling ten light industrial units. All units are currently leased, providing immediate and stable income. The units are suitable for light industrial uses such as service, storage, distribution, and contractor operations. The property features functional layouts and on-site parking. It offers convenient access and proximity to major thoroughfares and surrounding commercial users. The location has a bike score of 35, indicating it is somewhat bikeable, a walk score of 2, indicating car dependence, and a transit score of 24, indicating minimal transit.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$330.6k	$14.76
− Vacancy	−$18.8k	−$0.84
EGI	$311.8k	$13.92
− OpEx	−$109.1k	−$4.87
NOI	$202.7k	$9.05

22,400 SF · lease $14.76/SF/yr · vacancy 5.70% · expense 35.00%

Alternative Uses

Best Use

Flex RnD

$2.90M

$2.53M – $3.38M (±1% cap)

NOI $202,656 @ 7.0% cap · market cap 6.24%

Second Best

Warehouse

$2.69M

$2.36M – $3.14M (±1% cap)

NOI $188,640 @ 7.0% cap · market cap 5.80%

Theoretical Best

Office A

$6.28M

$5.50M – $7.33M (±1% cap)

NOI $439,916 @ 7.0% cap · market cap 13.54%

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

Location Intelligence

Current Use by Public Records

SioGreen Inc Industrial Manufacturer Tampasta Llc Specialty Food Shop Bill Kramer's Automotive Auto Repair Shop VSNailPro Hair Salon Florida Pasta Company Big Box & Wholesale Store

Suggested Use

Similar Places Nearby

R2 Provisions — 4521 107th Cir N #4, Clearwater, FL 33762
Chouinard's Cuisine — 4521 107th cir n, clearwater, fl 33762
Maids Of All Trades — 10300 49th St N Ste. 508, Clearwater, FL 33762
Home | Cloud Catering — 9505 49th St N, Pinellas Park, FL 33782

Location Insight

Map
Local Demand

City: Clearwater
County: Pinellas
State: Florida
Longitude: -82.695041
Latitude: 27.8698204

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For sale
Flex space
FL
Clearwater
33762
4501 107 Cir N

What type of property is this?

Flex space - Multi-unit property with stable income in a desirable location.

Where is this flex space located?

The property is located at 4501 107 Cir N Clearwater, FL.

What is the asking price?

The asking price for this property is $3,250,000.

What are key features of this property?

This property features: 100% occupied, providing immediate and stable income.; Two buildings totaling ten light industrial units.; Well‑suited for service, storage, distribution, and contractor operations.