Storefront Retail
New
For Sale
Contact for pricing
8141 54TH AVENUE N, St Petersburg, FL 33709
Existing salon improvements, a restroom, and a work area suit personal-care and other service businesses.
Property Size1,000 SF
Price / SF$26.40
Days on Market4
Property Features for 8141 54TH AVENUE N
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Retail
Building Details
Year Built
1971
Listing Agency:
FIVE TOWNS ACTION REALTY
(727) 546-1355
Listed By:
Amina Chaudhry · License #3561666
(727) 346-6493
Source:
Dennisrealty
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 24 at 2:29PM
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 FIVE TOWNS ACTION REALTY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space has existing salon improvements, a restroom, and a functional work area. The 1,000-square-foot layout can accommodate salon, wellness, boutique retail, or specialty service operations. The building was constructed in 1971.
The storefront provides customer access, and parking is available on site. The lease is modified gross, with water, sewer, gas, and electricity included.
The storefront provides customer access, and parking is available on site. The lease is modified gross, with water, sewer, gas, and electricity included.
Key Highlights
- 1,000 SF of retail space with existing salon improvements
- Storefront access and on‑site parking
- Restroom and functional workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,818
Suggested Prices Based on Cap Rates
Cap Rate 5%
$196,360
$196.4K
Cap Rate 7%
$140,257
$140.3K
Cap Rate 9%
$109,089
$109.1K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$15.0K $15.00/SF
− Vacancy
−$975 −$0.98/SF
EGI
$14.0K $14.03/SF
− OpEx
−$4.2K −$4.21/SF
NOI
$9.8K $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 Rate 5%
$196,360
Cap Rate 7%
$140,257
Cap Rate 9%
$109,089
Alternative Uses
Best Use
Retail
$140.3K
$122.7K – $163.6K
NOI $9,818 @ 7.0% cap · market cap 37.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$260.1K
$227.6K – $303.5K
NOI $18,208 @ 7.0% cap · market cap 68.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
180k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 45%
Groceries 35%
Dining 13%
Shops & Services 5%
Kohl's
Apparel
59,971 visits/mo
0.5 miles
Total Wine & More
Groceries
36,296 visits/mo
0.4 miles
Publix
Groceries
27,078 visits/mo
0.1 miles
Ross Dress for Less
Apparel
18,784 visits/mo
0.4 miles
Wendy's
Dining
18,312 visits/mo
0.4 miles
Demographics for 33709, FL
27,026
Population
13,767
Households
2
Avg Household Size
50
Median Age
19%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
5,299
Density / Sq Mi
$52,621
Median Household Income
$35,488
Median Earnings
$1,317
Median Rent
$190,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Existing salon improvements, a restroom, and a work area suit personal-care and other service businesses.
Where is this retail space located?
The property is located at 8141 54TH AVENUE N St Petersburg, FL.
What are key features of this property?
This property features: 1,000 SF of retail space with existing salon improvements; Storefront access and on‑site parking; Restroom and functional workspace
