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    Highly Visible Retail Suite Title is generated by Realmo AI

    9701 N 66TH STREET, Pinellas Park, FL 33782

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    For Lease
    $16 SF/Yr $39,840/Mo (calc)

    Retail - PINELLAS PARK, FL

    Type:Retail
    Property size:
    29,880 SF
    Lot size:
    2.93 Acres
    Added:
    May 29, 2023
    Days on Market:
    1102
    Last Refresh:
    Jun 3 at 11:06 pm

    Property Features for 9701 N 66TH STREET

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    20-30-16-69804-200-2402
    Size
    29,880 SF
    Lot size
    2.93 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Annual Amount
    36408

    Utilities

    Cooling system
    Zoned

    Building Details

    Year built
    1985
    Building materials
    Block
    Architectural style
    Other

    We can help!

    Listing Contact
    Elliott Ross
    Elliott Ross

    Listing agent Elliott Ross License #3079811

    Listing office ROSS MARKETING GROUP LLC 50 Sandpiper Rd, FL

    Listing date May 29, 2023

    MLS# U8202294 Listing URL

    Copyright © 2026 Pinellas Suncoast Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Highly visible retail center on busy 66th St N between Bryan Dairy Rd and Park Blvd
    • 1985 construction with block exterior materials
    • Last available unit: 720 SF, available now
    • Leasing at $16.00/SF NNN; 2026 pass‑through expenses of $7.70/SF
    • New pylon sign installed; exterior painting in progress; resurfaced parking lot and upgraded landscaping completed
    • Tenant mix includes State Farm, pharmacy, physical therapy, wine shop, barber shop, Route 66 Diner, and others, plus newly opened THE PARK American Restaurant/Bar

    Overview

    This shopping center offers a last available retail suite measuring 720 SF, available now. The tenant mix includes State Farm, a Mexican restaurant, pharmacy, physical therapy, wine shop, barber shop, Route 66 Diner, coin shop, and additional tenants. Recent improvements include a resurfaced parking lot and upgraded landscaping, along with a new pylon sign. Exterior painting is currently in progress, supporting the center’s ongoing refresh.

    The center is located on busy 66th St N between Bryan Dairy Rd and Park Blvd in Pinellas Park, FL. The property is positioned for strong storefront visibility to passing traffic, and it is set up to support a mix of retail and service users.

    For retailers and service operators seeking a presence among established neighborhood convenience tenants, this suite provides a straightforward opportunity within an active center. Leasing is offered at $16.00/SF NNN, with 2026 pass-through expenses listed at $7.70/SF, allowing prospective tenants to plan for operating costs based on the provided figures.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chicago Custom Tattoo Tattoo & Piercing Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    • Pinellas plaza — 6521 102nd Ave N, Pinellas Park, FL 33782
    • Bayou Centre — Pinellas Park, FL 33782
    • Coinstar Kiosk - Bitcoin ATM — Winn Dixie, 6501 102nd Ave N, Pinellas Park, FL 33782

    Location Insight

    • Map
    • Local Demand
    City
    Pinellas Park
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7280953
    Latitude
    27.8601594

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    FAQs

    What type of property is this?
    Shopping center - Last available retail unit now leasing in a highly visible shopping center with a diversified everyday tenant mix.
    Where is this shopping center located?
    The property is located at 9701 N 66TH STREET Pinellas Park, FL.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Highly visible retail center on busy 66th St N between Bryan Dairy Rd and Park Blvd; 1985 construction with block exterior materials; Last available unit: 720 SF, available now
    (727) 639-3800
    We can help!
    Listing Contact
    Elliott Ross
    Elliott Ross
    Real Estate License ID: 3079811
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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    9701 N 66TH STREET, PINELLAS PARK, FL 33782
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