Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8Th Ave St. Petersburg, FL 33701

    Sponsored
    For Sale
    $3,200,000

    24,000 SF Warehouse, 100% Occupied

    Property size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a fully occupied, 24,000-square-foot industrial warehouse situated on a 1.07-acre lot in St. Petersburg, Florida. The property, located at 4049-4123 S 8th Avenue, zip code 33701, Pinellas County, boasts eight individual units ranging in size from 3,000 to 6,000 square feet, each currently leased. Built in 1979 and renovated that same year, the warehouse benefits from a prime location within a thriving market, approximately five miles west of Downtown St. Petersburg and five miles east of St. Pete Beach. The property's 100% occupancy rate provides immediate cash flow, with short-term leases offering the potential for significant rental increases to reflect current market values. The surrounding area has limited available inventory and strong demand for commercial storage space, making this a highly desirable asset. The asking price is $3,200,000, representing a compelling value well below replacement cost. This is an ideal acquisition for investors seeking a stable, high-performing industrial property with substantial upside potential in a rapidly growing market. The property's APN is 27-31-16-87093-001-0010 and is owned by ASI CABESSA. The property is served by the St. Petersburg market, which has a population of 113,811 residents within a 3-mile radius.

    Property Features for 0 8Th Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    24,000 SF
    Lot Size
    46,609 SF

    Building Details

    Year Renovated
    1979
    Buildings
    1

    HighLights

    • 1.07‑acre lot in the rapidly expanding St. Petersburg market.
    • Located in a market with limited inventory, low vacancy, and strong demand for commercial storage.
    • 100% occupied with short‑term leases, allowing for future rent increases.
    • Priced below replacement cost for a quick sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    St. Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.6281085
    Latitude
    27.7624396

    Nearby Similar for Sale

    • $910,000
      2,424 SF

      Old Southeast Quadruplex

      St. Pete multifamily investment, turnkey.
      240 20Th Ave, St. Petersburg, FL 33705
      View Details
    • $3,929,540
      11,220 SF

      St. Petersburg Retail Investment

      High-yield, triple-net leased auto shop.
      445 99Th Ave, St. Petersburg, FL 33702
      View Details
    • $3,900,000
      13,695 SF

      Tropicana Landing: St. Pete Warehouse

      Prime St. Petersburg industrial property. High-visibility location.
      1960 5Th Ave, St. Petersburg, FL 33712
      View Details
    • $2,195,000
      8,800 SF

      St. Pete Industrial Warehouse - $2.195M

      8,800 SF Warehouse, Vacant, Ideal Owner/User
      3201 44Th Ave, St. Petersburg, FL 33714
      View Details
    • $1,100,000
      3,015 SF

      Uptown St. Petersburg 5-Plex

      Historic 5-unit apartment building, great potential.
      471 9Th Ave, St. Petersburg, FL 33701
      View Details
    • $1,495,000
      3,603 SF

      34th St N Corner Office Investment

      High-profile St. Pete office, vacant, move-in ready.
      3104 34Th St, St. Petersburg, FL 33713
      View Details
    • $2,400,000

      Luxury Waterfront Single Family Home

      St. Pete, FL Waterfront Gem, $2.4M
      1818 Dolphin Blvd, St. Petersburg, FL 33707
      View Details
    • $695,000
      2,333 SF

      St. Petersburg Warehouse Opportunity

      Prime Retail/Warehouse, High Visibility
      2821 Dr Martin Luther King Jr St, St. Petersburg, FL 33704
      View Details
    • $2,950,000
      6,316 SF

      Tire Kingdom NNN Investment

      St. Petersburg, FL Auto Shop NNN Lease
      5344 16Th St, St. Petersburg, FL 33703
      View Details
    • $3,400,000
      8,700 SF

      St. Petersburg Office Building

      Class A Office, High Occupancy, Strong ROI
      7292 4Th St, St. Petersburg, FL 33702
      View Details
    • $1,600,000
      4,172 SF

      Euclid Grove Flats: 8-Unit Apartment Complex

      Prime St. Petersburg Multifamily Investment
      1701 16Th St, St. Petersburg, FL 33704
      View Details
    • $4,375,000
      16,448 SF

      St. Pete Multifamily Investment

      35-Unit Apartment Building, High ROI
      1503 9Th Ave, St. Petersburg, FL 33704
      View Details

    FAQs

    What type of property is this?
    Distribution property - 24,000 SF Warehouse, 100% Occupied
    Where is this distribution property located?
    The property is located at 8Th Ave St. Petersburg, FL.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: 1.07-acre lot in the rapidly expanding St. Petersburg market.; Located in a market with limited inventory, low vacancy, and strong demand for commercial storage.; 100% occupied with short-term leases, allowing for future rent increases.
    Request Owner's contact information
    8Th Ave St. Petersburg, FL 33701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8Th Ave
    St. Petersburg, FL 33701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8Th Ave St. Petersburg, FL 33701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.