3580 66th N Ave Pinellas Park, FL 33781-6135
- Warehouses
- 3,548 SF
- 0.47 lot acres
Current Use by Public Records
- Ken's High Tech & Marines / Auto Repair Shop
- Delta T HVAC / Air Duct Cleaning Service / Heating Contractor
- Kens Hi-Tech Automotive and Marine, Inc. / Auto Repair Shop
- Buildet LLC / Contractor
Property Details for 3580 66th N Ave
- Year built
- 1967
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.47 lot acres
- Property size
- 3,548 SF
- Property type
- Warehouses
- APN
- 34-30-16-92196-002-0080
- APU
- 343016921960020080
Description
This exceptional Pinellas Park, FL property presents a compelling investment or owner-user opportunity. The 10,238 square foot building, featuring 8,516 square feet of climate-controlled space, is comprised of three single-story buildings and houses 27 individual units, currently 100% occupied with month-to-month leases. This provides immediate cash flow and significant upside potential for rent increases. The property boasts 27 loading docks and dock-high doors, ideal for various uses. Five units are currently occupied by an automotive business, which will vacate upon sale, leaving behind existing lifts and equipment, creating a turnkey opportunity for a similar business or a new tenant. Built in 1967 and renovated in 2007, the property sits on a 0.48-acre lot and is zoned for commercial use, allowing for a variety of light industrial and commercial operations, including automotive repair, light manufacturing, warehousing, and contractor businesses. The property offers a pro-forma cap rate of 10.10% and a pro-forma NOI of $234,837. Its prime location in a rapidly growing area of Pinellas County, with excellent access to major transportation routes, ensures strong demand and long-term value. The asking price is $2,325,000, representing a price per square foot of $227.10. This fee-simple ownership presents a rare chance to acquire a high-performing asset in a thriving market with substantial upside potential. The property's flexible zoning and diverse tenant base make it an attractive investment for both owner-users and investors seeking strong returns. All reasonable offers will be considered.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pinellas Park
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6823
- Latitude
- 27.8317
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA