High-Visibility General Commercial
4801 66th St N Kenneth City, FL 33709
For Sale
Contact for pricing
Concrete block retail building with flexible open floor plan, 28+ parking spaces, and multiple entrances on a heavily traveled six-lane arterial.
Property Size7,112 SF
Price / SF$239.03
Days on Market106
Property Features for 4801 66th St N
General Information
- Standard status
- Active
- Size
- 7,112 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1971
Listing Agency:
Bridgewater Commercial Real Estate
(813) 995-1592
Listed By:
Jack Wynne · License #BK3604106
Source:
Crexi
Added: Apr 10
Changed: Jul 21
Last Checked: Jul 23 at 12:45PM
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 Bridgewater Commercial Real Estate
Investment Insights
Based on property information with market context.
Bridgewater Commercial presents a well-maintained general commercial building on a 0.77-acre parcel with prime frontage along 66th Street North in Kenneth City, Florida. The concrete block structure offers a wide-open floor plan and ceiling heights of 12+ feet, designed for flexible use. Improvements include two restrooms, three (reported) 7.5-ton roof-mounted HVAC units, and annual inspection of the built-up asphalt/bitumen gravel roof, reported in great condition. The building was originally constructed at approximately 4,000 square feet and expanded in 1997 by an additional 3,000 square feet to support a long-term tenant.
The property features 273 feet of frontage on a heavily traveled six-lane arterial roadway carrying over 45,000 vehicles per day. Parking includes 28 lined spaces, approximately five unlined spaces, and two ADA-compliant spots. Access is supported by three separate entrances from both northbound and southbound 66th Street North and from 48th and 49th Avenue North.
Zoned General Commercial in Kenneth City, the property is reported to allow a wide range of retail, automotive, service, and professional uses per the provided CG-2 General Commercial District description. The building is connected to Pinellas County sewer, St. Petersburg water, and Duke Energy single-phase electric service. The current tenant will be fully vacated by April 17, 2026. In addition to the main building, the site generates supplemental income from an existing billboard lease through December 31, 2028.
The property features 273 feet of frontage on a heavily traveled six-lane arterial roadway carrying over 45,000 vehicles per day. Parking includes 28 lined spaces, approximately five unlined spaces, and two ADA-compliant spots. Access is supported by three separate entrances from both northbound and southbound 66th Street North and from 48th and 49th Avenue North.
Zoned General Commercial in Kenneth City, the property is reported to allow a wide range of retail, automotive, service, and professional uses per the provided CG-2 General Commercial District description. The building is connected to Pinellas County sewer, St. Petersburg water, and Duke Energy single-phase electric service. The current tenant will be fully vacated by April 17, 2026. In addition to the main building, the site generates supplemental income from an existing billboard lease through December 31, 2028.
Key Highlights
- 7,112 SF concrete block commercial building on 0.77‑acre parcel with 273 ft of frontage on 66th St N (over 45,000 vehicles/day).
- Ceiling heights of 12+ feet with a wide‑open floor plan for flexible retail, service, or commercial layouts; includes 2 restrooms.
- Expanded in 1997 from 4,000 SF to 7,112 SF; built in 1971. Roof is reported maintained via annual inspections by a commercial roofing company.
Financial Insights For Retail
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 | $106.7k | $15.00 |
| − Vacancy | −$6.9k | −$0.98 |
| EGI | $99.7k | $14.03 |
| − OpEx | −$29.9k | −$4.21 |
| NOI | $69.8k | $9.82 |
7,112 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$997.5K
$872.8K – $1.16M
NOI $69,822 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,492 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Concrete block retail building with flexible open floor plan, 28+ parking spaces, and multiple entrances on a heavily traveled six-lane arterial.
Where is this retail space located?
The property is located at 4801 66th St N Kenneth City, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 7,112 SF concrete block commercial building on 0.77‑acre parcel with 273 ft of frontage on 66th St N (over 45,000 vehicles/day).; Ceiling heights of 12+ feet with a wide‑open floor plan for flexible retail, service, or commercial layouts; includes 2 restrooms.; Expanded in 1997 from 4,000 SF to 7,112 SF; built in 1971. Roof is reported maintained via annual inspections by a commercial roofing company.
