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Industrial Warehouse Building
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6850 Cross Bayou Drive, Largo, FL 33777

Industrial building totaling 25,987 SF on a 1-acre site.

Property Size25,987 SF
Lot Size1.00 Acre
Price / SF$169.32
Days on Market95

Property Features for 6850 Cross Bayou Drive

General Information

Standard status Active
Size 25,987 SF
Total Parking Spaces 68
Lot size 1.00 Acre
Property subtype Industrial
Investment Type Owner/User

Building Details

Year Built 1963
Buildings 1
Tenancy Single
Listing Agency: Colliers - Tampa, Florida
Listed By: Dominic Hewitt · License #SL3606221
Source: Crexi
Added: Jul 13 Changed: Oct 10 Last Checked: Oct 14 at 10:16PM

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 Colliers - Tampa, Florida

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Investment Insights

Based on property information with market context.

This industrial warehouse building offers 25,987 SF of space for light industrial, storage, or distribution uses, set on a 1-acre site (IOS). The property is offered for sale.

The asset is located at 6850 Cross Bayou Drive in Largo, Florida (33777).

Key Highlights

  • 25,987 SF industrial building
  • Situated on a 1‑acre site (IOS)
  • Built in 1963

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$218,848
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,376,960 $4.4M
Cap Rate 7%
$3,126,400 $3.1M
Cap Rate 9%
$2,431,644 $2.4M
Market Conditions
NOI Build-Up for 25,987 SF
Gross rent
$271.3K $10.44/SF
− Vacancy
−$13.8K −$0.53/SF
EGI
$257.5K $9.91/SF
− OpEx
−$38.6K −$1.49/SF
NOI
$218.8K $8.42/SF
Area
Pinellas County, FL
Vacancy
5.10%
Lease Rate
$10.44 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,376,960
Cap Rate 7%
$3,126,400
Cap Rate 9%
$2,431,644

Alternative Uses

Best Use
Warehouse
$3.13M
$2.74M – $3.65M (±1% cap)
NOI $218,848 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.76M
$5.91M – $7.89M (±1% cap)
NOI $473,160 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Gulfstream Marine Services Corporate Office Big Medical Auctions Production Facility Advocates for World Health ... Charitable Organization Strategic Precision Defense (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,084
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33777, FL

17,793
Population
8,375
Households
2.1
Avg Household Size
48
Median Age
38%
College-Educated
95%
High-School Grad
5.5 sq mi
ZIP Area
3,235
Density / Sq Mi
$88,680
Median Household Income
$44,959
Median Earnings
$1,682
Median Rent
$298,500
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Life Storage - Largo — 10501 S Belcher Rd, Largo, FL 33777
  • Trailers — 6891 102nd Ave N, Pinellas Park, FL 33782
  • Pinellas Storage Units — 102 102nd Ave N, Pinellas Park, FL 33782
  • tempo fulfillment — 10344 66th St N #100, Pinellas Park, FL 33782
  • BG Storage Solutions — 10456 66th St N, Pinellas Park, FL 33782

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial building totaling 25,987 SF on a 1-acre site.
Where is this warehouse located?
The property is located at 6850 Cross Bayou Drive Largo, FL.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: 25,987 SF industrial building; Situated on a 1‑acre site (IOS); Built in 1963
(813) 871-8503 Call to check price and availability
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