Property profile

1794 22Nd St S St Petersburg, FL 33712

FOR LEASE
Grocery and convenience stores
Property ID
US18-4234314
39,734 SF 3.6 ac lot Built 2005
Individually Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 1794 22nd St S in St. Petersburg, Florida, presents a unique investment opportunity. The entire 38,900 square foot building is currently vacant, offering a blank canvas for a visionary entrepreneur or developer. Situated in Pinellas County, zip code 33712, this shopping center boasts a prime location with high visibility and accessibility. The property's multiple tenancy allows for diverse uses, catering to a wide range of retail businesses. The substantial square footage provides ample space for a large-scale retail operation or the potential to be subdivided into smaller units for multiple tenants. This is an unparalleled chance to establish a significant retail presence in a thriving St. Petersburg community. The property is ready for immediate occupancy, allowing for swift implementation of business plans. With its strategic location and expansive footprint, this retail center offers exceptional potential for growth and profitability. Interested parties are encouraged to explore the possibilities this remarkable property presents. The property is classified as a retail shopping center and is fully vacant, providing a unique opportunity for a complete redevelopment or a single large tenant. The property's address is 1794 22nd St S, St. Petersburg, FL 33712.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2005
Construction CONCRETE BLOCKS
Total area 39,734 SF
Lot 3.6 ac (156,934 SF)
APN 25-31-16-66311-001-0010
UPID US18-4234314

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cosmetic Store

Location

1794 22Nd St S St Petersburg, FL 33712
St Petersburg metro Census 21200 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.56M
Blend (final) Blend
$5.56M

Owner & transaction history

since 2017
3 recorded transactions
2017
$2.0M
2005
Price N/A
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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