Flex Building with Office
For Sale
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6581 SEMINOLE BLVD, Seminole, FL 33772
Freestanding flex/industrial building with four office/workshop areas, two bathrooms, and receiving/warehouse space.
Property Size4,507 SF
Lot Size0.62 Acres
Price / SF$213.56
Days on Market140
Property Features for 6581 SEMINOLE BLVD
General Information
Standard status
Active
Size
4,507 SF
Total Parking Spaces
14
Lot size
0.62 Acres
Property subtype
Warehouse
Zoning
CG
Site & Location
Traffic Count
36,000 vehicles/day
Road Access
Yes
Additional Details
Office Units
2
Taxes and HOA fees
Annual Taxes
$9,377
Building Details
Building Size
4,507 SF
Year Built
1989
Listing Agency:
1 PALM REALTY
Listed By:
Dayna Bates
(727) 351-2402
Source:
Thefullerproperties
Added: Jun 8
Changed: Oct 21
Last Checked: Oct 25 at 2:09AM
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 1 PALM REALTY
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Investment Insights
Based on property information with market context.
A 7,492 gross square foot flex building on a 0.62-acre parcel, zoned CG (Commercial General). The interior includes expansive 4,507 air conditioned office/workshop space, four separate office/workshop areas, and two bathrooms. The building is currently configured as two separate suites, with flexibility to create additional suites and other configurations.
The ground-floor receiving/warehouse area totals 1,973 square feet and is accessible from both north and south side entrances. Additional storage is provided by 1,012 square feet of mezzanine storage.
The site offers 14 on-site parking spaces, including one handicap space, and 235 feet of frontage directly on Seminole Boulevard. The property is positioned for straightforward access in all directions, and the rear includes a small pond.
The ground-floor receiving/warehouse area totals 1,973 square feet and is accessible from both north and south side entrances. Additional storage is provided by 1,012 square feet of mezzanine storage.
The site offers 14 on-site parking spaces, including one handicap space, and 235 feet of frontage directly on Seminole Boulevard. The property is positioned for straightforward access in all directions, and the rear includes a small pond.
Key Highlights
- 7,492 total SF commercial building on a 0.62‑acre city lot, built in 1989 with slab foundation and asphalt road surface
- 4,507 air conditioned SF with four separate office/workshop areas and 2 bathrooms
- Receiving/warehouse space includes 1,973 ground‑floor SF accessible from both north and south side entrances, plus 1,012 SF mezzanine storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,781
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,355,620
$1.4M
Cap Rate 7%
$968,300
$968.3K
Cap Rate 9%
$753,122
$753.1K
Market Conditions
NOI Build-Up for 7,492 SF
Gross rent
$110.6K $14.76/SF
− Vacancy
−$6.3K −$0.84/SF
EGI
$104.3K $13.92/SF
− OpEx
−$36.5K −$4.87/SF
NOI
$67.8K $9.05/SF
Area
Pinellas County, FL
Vacancy
5.70%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,355,620
Cap Rate 7%
$968,300
Cap Rate 9%
$753,122
Alternative Uses
Best Use
Flex RnD
$968.3K
$847.3K – $1.13M
NOI $67,781 @ 7.0% cap · market cap 4.24%
Second Best
Warehouse
$901.3K
$788.7K – $1.05M
NOI $63,093 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$1.95M
$1.71M – $2.27M
NOI $136,411 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
36,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
921
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 33772, FL
24,121
Population
12,340
Households
2
Avg Household Size
51
Median Age
32%
College-Educated
93%
High-School Grad
5.3 sq mi
ZIP Area
4,551
Density / Sq Mi
$74,026
Median Household Income
$46,187
Median Earnings
$1,454
Median Rent
$327,000
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Jim'sJerky — 6139 98th Way N, St. Petersburg, FL 33708
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding flex/industrial building with four office/workshop areas, two bathrooms, and receiving/warehouse space.
Where is this flex space located?
The property is located at 6581 SEMINOLE BLVD Seminole, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 7,492 total SF commercial building on a 0.62‑acre city lot, built in 1989 with slab foundation and asphalt road surface; 4,507 air conditioned SF with four separate office/workshop areas and 2 bathrooms; Receiving/warehouse space includes 1,973 ground‑floor SF accessible from both north and south side entrances, plus 1,012 SF mezzanine storage
