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    11050 70Th Ave Seminole, FL 33772

    Sponsored
    For Lease
    Contact for pricing

    Single-tenant warehouse, 1.61 acres, ideal for various uses.

    Lot size:
    8,640 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,640-square-foot industrial warehouse sits on a 1.61-acre lot in Seminole, Florida (zip code 33772), offering a compelling investment opportunity. The property boasts an Industrial Limited (IL) zoning designation, allowing for a diverse range of commercial and industrial applications. The site is fully graveled and secured with a gate, providing enhanced security and convenient access. Potential uses include contractor storage and equipment yards, building material sales (lumber, cement, plaster, etc.), vehicle and heavy equipment repair and storage facilities, storage warehouses (including mini-storage), and transportation/utility facilities. Strategically located in a high and dry area outside the 500-year floodplain, this property has demonstrated remarkable resilience, remaining undamaged during Hurricanes Helene and Milton. This ready-to-occupy or develop property presents a strong investment prospect in a stable and growing market. The single-tenant occupancy simplifies management and offers immediate income potential. The property's location at 11050 70th Ave provides easy access to major transportation routes (specific details not provided). This is a rare opportunity to acquire a well-situated, versatile industrial property in a desirable Florida location.

    Property Features for 11050 70Th Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,640 SF

    Unit(s) available at that property

    Space
    Size
    8,640 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Seminole
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7915452
    Latitude
    27.8348087

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    FAQs

    What type of property is this?
    Distribution property - Single-tenant warehouse, 1.61 acres, ideal for various uses.
    Where is this distribution property located?
    The property is located at 11050 70Th Ave Seminole, FL.
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    Seminole, FL 33772
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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
    11050 70Th Ave Seminole, FL 33772
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