4181 116th N Ter Clearwater, FL 33762-4957
This exceptional investment opportunity presents a 8,280-square-foot industrial property in Clearwater, Florida, ideally suited for distribution, manufacturing, or warehousing. Located at 4181 116th Terrace N, 33762, this property boasts two buildings on a half-acre lot (22,200 sq ft), zoned M-1. The single-tenant, net-lease property features 2,400 square feet of office space and 5,880 square feet of warehouse space, with a 5-year lease expiring January 31, 2026, and three one-year renewal options. The warehouse includes two dock-high doors, 15-foot ceilings, and 14 parking spaces, including 4 covered spaces. Built between 1984 and 1988, the concrete and metal building offers ample space for storage, inventory, or manufacturing operations. The office area comprises several offices, a conference room, file room, kitchen, breakroom, and two restrooms. This property benefits from high visibility on 116th Terrace N and easy access to major thoroughfares, including US 19 and 118th Avenue N, placing it within a thriving commercial and industrial area with high traffic volume (35,500 VTD). The asking price is $1,325,000, resulting in a price per square foot of $160.02. This is a prime investment opportunity with strong tenant occupancy and a desirable location.
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Mecon Inc Hardware & Home Improvement HVAC Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.