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

    655 31St St St. Petersburg, FL 33712

    Sponsored
    For Sale
    Contact for pricing

    Prime St. Pete industrial space, renovated 2019.

    Property size:
    15,620 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15,620-square-foot warehouse in St. Petersburg, Florida, presents a unique investment opportunity. Built in 1987 and extensively renovated in 2019 ($1.7 million invested), the property boasts a blend of industrial and commercial space, ideal for a variety of uses. The building sits on a 0.8-acre lot and includes 30 parking spaces. The interior features a mix of office spaces, large open areas, and a warehouse section with a 10-foot-wide by 14-foot-high roll-up door and loading dock. High ceilings (14 feet) and abundant natural light from numerous windows and skylights create a bright and spacious environment. The property includes five finished offices, each with storage, male and female locker rooms with showers, and a large mechanical room housing a state-of-the-art fire safety system and a substantial "hot water on demand" system. The building is constructed of steel, prefinished metal, insulation, and drywall. Electrical service is upgraded with two 1600-amp panels. The location is prime, situated on 655 31st Street South, just west of the Warehouse Arts District, within walking distance of its attractions, and minutes from 5th Avenue South, downtown St. Petersburg, and beaches. Easy access to I-275 and US Highway 19 adds to its appeal. The property's extensive renovations, ample parking, and strategic location make it an outstanding investment prospect.

    Property Features for 655 31St St

    General Information

    Property type
    Distribution properties
    Square Feet
    15,620 SF
    Lot Size
    34,848 SF

    Building Details

    Year Built/Renovated
    1987/2019

    HighLights

    • 15,620 SF mixed‑use building in St. Petersburg, FL.
    • $1.7M renovated in 2019, offering warehouse, office, and showroom space.
    • Prime location near 5th Ave S, Warehouse Arts District, I‑275, and US Hwy 19.
    • Features 30 parking spaces, 14' ceilings, and a 10'x14' roll‑up door.
    • Includes five offices, locker rooms with showers, and upgraded electrical service (two 1600‑amp panels).
    Property Profile Location Intelligence

    Current Use by Public Records

    Hensley Group Administrative Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St. Petersburg
    County
    Pinellas
    State
    Florida
    Longitude
    -82.676081
    Latitude
    27.7637967

    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 - Prime St. Pete industrial space, renovated 2019.
    Where is this distribution property located?
    The property is located at 655 31St St St. Petersburg, FL.
    What are key features of this property?
    This property features: 15,620 SF mixed-use building in St. Petersburg, FL.; $1.7M renovated in 2019, offering warehouse, office, and showroom space.; Prime location near 5th Ave S, Warehouse Arts District, I-275, and US Hwy 19.
    Request Owner's contact information
    655 31St St St. Petersburg, FL 33712
    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.
    655 31St St
    St. Petersburg, FL 33712
    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
    655 31St St St. Petersburg, FL 33712
    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.