4677 118Th Ave N Clearwater, FL 33762
For Sale
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This exceptional 46,233-square-foot warehouse-office facility in Clearwater, Florida presents a unique investment opportunity. Located in central Pinellas County, this property boasts unparalleled visibility due to its 6' x 12' double-sided digital signage on a major east-west thoroughfare. Offering easy access to Tampa, St. Petersburg, and Clearwater via the interstate system, this strategically positioned asset provides unmatched convenience. The pre-engineered steel building, constructed in 1978 and recently renovated (including a new roof), features 18,380 square feet of modern office space, including classrooms and training rooms. The remaining space is ideal for warehouse or industrial use, with seven overhead doors, a 24-foot eave height, and a 28.5-foot peak ceiling. Currently, 24% of the building is leased under a triple-net agreement at $11 per square foot, generating consistent income through February 2026. The property also includes a deep well for irrigation, extensive landscaping, and ample parking (138 spaces total, including 36 public-facing spaces and 102 secured spaces within a gated compound). Operational efficiency is maximized with a 150-kilowatt Caterpillar diesel generator for the entire building and a dedicated 16-kilowatt generator for the server room. The building also benefits from 66.5 tons of air conditioning distributed across 20 systems. This two-story facility is suitable for a variety of uses, including corporate offices, training centers, manufacturing, distribution, or mixed-use operations. Its combination of functional design, extensive parking, secure storage, and robust infrastructure makes it a turnkey solution for businesses seeking a versatile and well-equipped facility.
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Midway Services Plumbing Service General Contractor
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Go Solar Power Solar Energy Company Electric Vehicle Charging Station Contractor
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Midway Services Utilities Water Utility Company
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
Similar Nearby for Lease
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.
