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    1885 Cedar St Safety Harbor, FL 34695

    Sponsored
    For Sale
    $2,950,000

    2.58 Acres, Redevelopment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.58-acre property, located at 1885 Cedar St in Safety Harbor, Florida (zip code 34695), presents a compelling redevelopment opportunity. Situated in Pinellas County, this land parcel boasts a prime corner location at the intersection of Cedar Street and McMullen Booth Road, offering excellent visibility and accessibility. The property is currently classified as both industrial and residential, allowing for a variety of development possibilities. A small industrial building is currently situated on the site, providing potential for adaptive reuse or demolition to make way for new construction. The asking price for this significant land holding is $2,950,000. Given its size, location, and dual zoning, this property is ideally suited for developers seeking a strategic investment in a thriving Florida community. The coordinates are 27.99735013584972 latitude and -82.7080079162603 longitude. This presents a rare chance to acquire a substantial parcel of land with significant potential for future growth and return. The property's versatility makes it suitable for a wide range of projects, catering to both industrial and residential needs. Serious inquiries are encouraged.

    Property Features for 1885 Cedar St

    General Information

    Property type
    Land
    Lot Size
    112,385 SF

    HighLights

    • 2.58‑acre corner lot in Safety Harbor, FL (34695).
    • Prime location at Cedar St & McMullen Booth Rd, offering high visibility and accessibility.
    • Currently zoned industrial and residential, allowing diverse development options.
    • Features a small existing industrial building, suitable for adaptive reuse or demolition.
    • Asking price: $2,950,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Play Dog Excellent Dog Day Care Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Safety Harbor
    County
    Pinellas
    State
    Florida
    Longitude
    -82.70800791626
    Latitude
    27.99735013585

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    FAQs

    What type of property is this?
    Land - 2.58 Acres, Redevelopment Opportunity
    Where is this land located?
    The property is located at 1885 Cedar St Safety Harbor, FL.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: 2.58-acre corner lot in Safety Harbor, FL (34695).; Prime location at Cedar St & McMullen Booth Rd, offering high visibility and accessibility.; Currently zoned industrial and residential, allowing diverse development options.
    Request Owner's contact information
    1885 Cedar St Safety Harbor, FL 34695
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    Safety Harbor, FL 34695
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    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
    1885 Cedar St Safety Harbor, FL 34695
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