Property profile

2200 2nd S Ave Saint Petersburg, FL 33712

OFF-MARKET
Warehouses
Property ID
US18-2811766
34,935 SF 1.13 ac lot Built 1946
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 36,000-square-foot Class A industrial property, located in St. Petersburg, Florida's vibrant Warehouse Arts District, offers a unique leasing opportunity. Built in 1946 and extensively renovated in 2022, this single-story building boasts 10' to 13' ceilings, abundant natural light from huge windows, and exposed steel trusses, creating a stylish and functional space. The 0.97-acre lot provides ample space, and 34 parking spaces are available. Currently, 17,855 square feet is vacant, divisible into units as small as 442 square feet, with a maximum contiguous space of 12,937 square feet. The property is zoned IT (Industrial Traditional), allowing for diverse uses including artistic studios, breweries, catering businesses, mixed-use spaces, indoor recreation facilities, and more. Its prime location, just two blocks south of downtown St. Petersburg, at 2200 2nd Ave S (cross streets: 22nd Street S & 2nd Avenue S), offers excellent visibility and accessibility. The Pinellas County property (APN: 23-31-16-78390-030-0010) presents a rare chance to establish a business in a sought-after, eclectic district. The building's character and modern updates combine to create an inspiring and productive environment.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1946
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 34,935 SF
Lot 1.13 ac (49,205 SF)
APN 23-31-16-78390-030-0010
UPID US18-2811766

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
  • Insurance Agency

Location

2200 2nd S Ave Saint Petersburg, FL 33712-1210
Saint Petersburg metro Census 21800 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2020
Last sale
$2.8M
7 recorded transactions
2021
Price N/A
2020
$2.8M
2020
Price N/A
2019
$1.9M
2019
$1.9M
2007
Price N/A
1998
$235,000

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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