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    1960 5Th Ave St. Petersburg, FL 33712

    Sponsored
    For Sale
    $3,900,000

    Prime St. Petersburg industrial property. High-visibility location.

    Property size:
    13,695 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13,695-square-foot industrial property, situated on a 0.73-acre lot in St. Petersburg, Florida's Warehouse Arts District, presents a unique investment opportunity. Built in 1960 and zoned for industrial use, this versatile building boasts a combination of warehouse and manufacturing space, ideal for a variety of businesses. The property includes 13 parking spaces and features a significant $777,000 in improvements. Its prime location on 5th Avenue S, in the 33712 zip code, offers excellent visibility and accessibility. The property's existing buildout includes a bar and lounge area, adding to its potential uses. This off-market complex offers a rare chance to acquire a substantial industrial space in a thriving Tampa Bay area market. The property's outdoor venue adds further versatility and potential for expansion. This is a remarkable opportunity to own a well-maintained, high-exposure industrial property in a vibrant and rapidly growing area. The property's size and location make it an attractive investment for both established businesses and entrepreneurs seeking a strategic foothold in the St. Petersburg market.

    Property Features for 1960 5Th Ave

    General Information

    Property type
    Manufacturing properties
    Square Feet
    13,695 SF
    Lot Size
    31,799 SF

    Building Details

    Year Built
    1960

    HighLights

    • Exclusive Off‑Market Multi‑Tenant Complex for Sale
    • Prime Investment Opportunity in Tampa Bay, Florida
    • St. Petersburg's Warehouse Arts District Location
    • Prestigious 5th Avenue Address
    • 13,695 SF of Buildings on a 0.75‑Acre Lot
    • $777,000 in Recent Improvements
    Property Profile Location Intelligence

    Current Use by Public Records

    Spirits In Bulk Distillery

    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
    -82.6599059
    Latitude
    27.7662558

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    FAQs

    What type of property is this?
    Manufacturing property - Prime St. Petersburg industrial property. High-visibility location.
    Where is this manufacturing property located?
    The property is located at 1960 5Th Ave St. Petersburg, FL.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: Exclusive Off-Market Multi-Tenant Complex for Sale; Prime Investment Opportunity in Tampa Bay, Florida; St. Petersburg's Warehouse Arts District Location
    Request Owner's contact information
    1960 5Th Ave St. Petersburg, FL 33712
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    St. Petersburg, FL 33712
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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
    1960 5Th Ave St. Petersburg, FL 33712
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