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Property profile & analytics
OFF-MARKET
Warehouses

1600 Fl-590 Safety Harbor, FL 34695

104,282 SF
Property ID
Property summary
AI-generated overview

This exceptional Safety Harbor, Florida industrial property encompasses 10.49 acres and features three buildings totaling 104,282 square feet of warehouse space. Building 1 boasts 72,500 square feet of warehouse space, complemented by 4,964 square feet of office space. Building 2 provides 7,200 square feet of smaller bay warehouse units, each with a 10-foot overhead door and grade-level loading, plus a 5,112 square foot canopy for covered parking and loading. Building 3, situated on 3.5 acres, is fully leased to a yard waste transfer business. The property benefits from two entrances/exits on State Road 590, a cell tower with a lease extending to June 2038, and ample outdoor storage for various vehicles and equipment. Zoned M-1 (Light Industrial), this property presents a compelling value-add opportunity in a high-growth Pinellas County market, offering potential for rent increases, repositioning, redevelopment, or owner-user occupancy. The property includes approximately 457,358 square feet of built space, constructed between 1965 and 1971, and enjoys close proximity to SR-60/Courtney Campbell Causeway and adjacent railroad access. The property is fully fenced. Asking price is $15,000,000.

Property profile
Verified
Property type Warehouses
Total area 104,282 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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