Smoke and Vape Retail
For Sale
$148,500
49TH STREET, Pinellas Park, FL 33781
Business Opportunity, PINELLAS PARK, FL
Property Size780 SF
Price / SF$190.38
Days on Market24
Property Features for 49TH STREET
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From Park Blvd N, travel north on 49th Street N. The business is located along 49th Street N, just north of 72nd Avenue N.
Subdivision
33781 - Pinellas Park
Standard status
Active
Size
780 SF
Taxes and HOA fees
Tax Year
2025
Building Details
Floors in Building
1
Listing Agency:
DENNIS REALTY & INV. CORP.
(813) 949-7444
Listed By:
Neelam SINGH
(813) 406-1394
Added: Aug 4
Changed: Aug 26
Last Checked: Aug 27 at 10:06PM
MLS# TB8536140
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 780-square-foot retail space is offered with an operating smoke and vape shop business. The sale includes the business operation, goodwill, furniture, fixtures, equipment, and inventory, providing a defined retail setup for continued operation.
The property is positioned on 49th Street in Pinellas Park along a commercial corridor with access to Park Boulevard, US-19, and I-275. Restaurants, retail businesses, established neighborhoods, and commuter traffic are identified in the surrounding area. Real estate is not included in the sale. Potential expansion into convenience store operations, liquor sales, and Florida Lottery products is subject to licensing and approval.
The property is positioned on 49th Street in Pinellas Park along a commercial corridor with access to Park Boulevard, US-19, and I-275. Restaurants, retail businesses, established neighborhoods, and commuter traffic are identified in the surrounding area. Real estate is not included in the sale. Potential expansion into convenience store operations, liquor sales, and Florida Lottery products is subject to licensing and approval.
Key Highlights
- 780 SF retail space
- Smoke and vape shop business included
- Sale includes goodwill, furniture, fixtures, equipment, and inventory
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
$7,658
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
5.16%
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%
$153,160
$153.2K
Cap Rate 7%
$109,400
$109.4K
Cap Rate 9%
$85,089
$85.1K
Market Conditions
NOI Build-Up for 780 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
$11.7K $15.00/SF
− Vacancy
−$761 −$0.98/SF
EGI
$10.9K $14.03/SF
− OpEx
−$3.3K −$4.21/SF
NOI
$7.7K $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%
$153,160
Cap Rate 7%
$109,400
Cap Rate 9%
$85,089
Alternative Uses
Best Use
Retail
$109.4K
$95.7K – $127.6K
NOI $7,658 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$202.9K
$177.5K – $236.7K
NOI $14,202 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,095
Businesses Nearby
55k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Home Improvements & Furnishings 6%
Dining 3%
RaceTrac
Shops & Services
30,013 visits/mo
0.5 miles
Circle K
Shops & Services
10,913 visits/mo
0.1 miles
Family Dollar
Shops & Services
4,065 visits/mo
0.5 miles
Ferguson
Home Improvements & Furnishings
3,548 visits/mo
0.2 miles
Extra Space Storage
Shops & Services
2,679 visits/mo
0.1 miles
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Established operation with inventory, furniture, fixtures, and equipment included in the sale.
Where is this retail space located?
The property is located at 49TH STREET Pinellas Park, FL.
What is the asking price?
The asking price for this property is $148,500.
What are key features of this property?
This property features: 780 SF retail space; Smoke and vape shop business included; Sale includes goodwill, furniture, fixtures, equipment, and inventory
