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Property profile & analytics
FOR SALE
Warehouses

1885 Cedar St Safety Harbor, FL 34695

2,400 SF 1.67 ac lot Built 1974
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US19-0527672
Property summary
AI-generated overview

This exceptional 28,000-square-foot retail building, constructed in 2022, presents a unique opportunity for multiple tenants in the vibrant city of Safety Harbor, Florida. Located at 1885 Cedar St, 34695, this entirely vacant property offers unparalleled flexibility for businesses seeking a modern and spacious location. The building's design is specifically geared towards multi-tenant occupancy, making it ideal for a variety of retail concepts. With a total of 28,000 square feet of leasable space currently available, businesses have the chance to secure a significant presence in this thriving community. The building's new construction ensures modern amenities and efficient layouts, minimizing operational costs and maximizing potential. The address, 1885 Cedar St, offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. Safety Harbor's strong local economy and growing population provide a robust market for retail businesses. This is a rare opportunity to establish a prominent presence in a desirable location within a newly built, modern retail space. The property is ready for immediate occupancy, allowing businesses to quickly establish their operations and capitalize on the market's potential. Interested parties are encouraged to inquire promptly to secure their space in this exceptional retail development.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Construction FRAME
Total area 2,400 SF
Lot 1.67 ac (72,606 SF)
APN 33-28-16-21600-000-0510
UPID US19-0527672
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
Current use
Occupant on record · Public records
  • Play Dog Excellent Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$816k
Blend (final) Blend
$815k
Owner & transaction history
Cedar Street Crossings LLC · 8 yrs held
Cedar Street Crossings LLC
since 2018
1 recorded transaction
2018
$1.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $995,000 +88.3%
Neighborhood: shopping center $665,000 +26.2%
Office building $575,000 +9.0%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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