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Property profile & analytics
OFF-MARKET
Distribution centers

2826 Fairfield Ave St. Petersburg, FL 33712

2,724 SF 3870 ac lot Built 1923
Entity Owned 3-yr Hold
Property ID
US18-2892258
Property summary
AI-generated overview

This 2,724 sq ft warehouse, built in 1923, sits on a 3.87-acre lot in St. Petersburg, Florida's Warehouse Arts District. Zoned for commercial and industrial suburban use, it offers significant redevelopment potential. The property boasts a partially renovated interior, including a new roof and some electrical and plumbing upgrades. City approval exists for two commercial units downstairs and one residential unit upstairs, making it ideal for a live/work scenario. Located at 2826 Fairfield Avenue South, 33712, this property is near major thoroughfares, including 28th Street South and 5th Avenue South, offering easy access to the interstate and US Hwy 19. Its prime location within walking distance of Warehouse Arts District attractions and the Grand Central District presents a unique opportunity. The building's history as Nixon's Hi-Hat, a renowned jazz club, adds to its character and appeal. This federally designated Opportunity Zone property offers substantial tax advantages for investors. Potential uses include a cafe, bar, store, studio, warehouse, workshop, showroom, or service business. The asking price is $525,000.

Property profile
Verified
Property type Distribution centers
Year built 1923
Total area 2,724 SF
Lot 3870 ac (168,577,200 SF)
UPID US18-2892258
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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Comparable Approach Comparable
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Owner & transaction history
Highhat Holdings LLC · 3 yrs held
Highhat Holdings LLC
since 2022
4 recorded transactions
2022
Price N/A
2021
$255,000
2018
$140,000
2018
$31,727
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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