Pinellas Park Retail
8625 66TH St N Pinellas Park, FL 33782
For Sale
$1,750,000
Highly visible retail property on heavily traveled commercial corridor.
Property Size6,400 SF
Price / SF$273.44
Days on Market95
Property Features for 8625 66TH St N
General Information
Standard status
Active
Size
6,400 SF
Property subtype
Commercial
Building Details
Year Built
1984
Listing Agency:
Keller Williams Tampa Properties
(727) 410-2896
Listed By:
Alexander Lucke · License #3351552
(727) 410-2896
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 2:52AM
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 Keller Williams Tampa Properties
Investment Insights
Based on property information with market context.
Located in Pinellas Park, Florida, the property at 8625 66th Street North is a 6,400 square foot retail building suitable for an owner-operator. The property benefits from high visibility along a heavily traveled commercial corridor, with approximately 38,000 vehicles per day. Features include strong frontage, pylon signage, and on-site parking. The building offers flexible suite configurations, allowing for owner occupancy of the majority of the building while leasing smaller suites. The space can also be reconfigured over time to meet operational or income objectives. The property has a walk score of 53, indicating it is somewhat walkable, a bike score of 51, indicating it is bikeable, and a transit score of 29, indicating some transit options are available.
Key Highlights
- High‑visibility retail property on a heavily traveled commercial corridor (38,000 vehicles/day).
- Opportunity for owner‑operator to offset occupancy costs with rental income.
- Flexible suite configurations to meet operational or income objectives.
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 | $96.0k | $15.00 |
| − Vacancy | −$6.2k | −$0.98 |
| EGI | $89.8k | $14.03 |
| − OpEx | −$26.9k | −$4.21 |
| NOI | $62.8k | $9.82 |
6,400 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$897.6K
$785.4K – $1.05M
NOI $62,832 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.46M – $1.94M
NOI $116,528 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Highly visible retail property on heavily traveled commercial corridor.
Where is this retail space located?
The property is located at 8625 66TH St N Pinellas Park, FL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: High‑visibility retail property on a heavily traveled commercial corridor (38,000 vehicles/day).; Opportunity for owner‑operator to offset occupancy costs with rental income.; Flexible suite configurations to meet operational or income objectives.
