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Property profile

2826 Fairfield Ave South Saint Petersburg, FL 33712

FOR SALE
Warehouses
Property ID
US18-2892258
2,724 SF 3870 ac lot Built 1923
Entity Owned 4-yr Hold
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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 Warehouses
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

Location

2826 Fairfield Ave South Saint Petersburg, FL 33712
Saint Petersburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2021
$255,000
2018
$140,000
2018
$31,727

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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