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Property profile & analytics
OFF-MARKET Estimated value $685,000
Office buildings

5002 73rd N Ave Pinellas Park, FL 33781-4350

4,000 SF 0.42 ac lot Built 1982
Individually Owned 20-yr Hold ~ Est. High Equity
Property ID
US18-4508066
Property summary
AI-generated overview

This exceptional 0.42-acre commercial land parcel, located at 5002 73rd Ave N in Pinellas Park, Florida (zip code 33781), presents a compelling investment opportunity. The property encompasses 4,000 square feet and is classified as special purpose land. Currently, the site features a medical office building with a mix of occupied and vacant units. Two units are currently leased by a prominent national dentistry chain, providing a stable income stream. The property boasts low operating expenses, presenting a significant opportunity for increased capitalization. Its strategic location within the heart of Pinellas Park offers excellent visibility and accessibility. The property's existing structure provides a solid foundation for continued operation or redevelopment, catering to a variety of commercial uses. This is an ideal acquisition for investors seeking a strong return on investment in a thriving Florida market. The property's size and location make it suitable for a range of commercial ventures, offering significant potential for future growth and profitability. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-situated commercial property in a high-demand area.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1982
Construction CONCRETE BLOCKS
Total area 4,000 SF
Lot 0.42 ac (18,130 SF)
APN 28-30-16-77544-000-0370
UPID US18-4508066
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
Current use
Occupant on record · Public records
  • Joanna Magazine, DMD Dental Office
  • Marlon Foote Dental Office
  • Great Expressions Dental Center - Pinellas Park Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$686k
Blend (final) Blend
$685k
Owner & transaction history
Alex Velasquez · 20 yrs held
Alex Velasquez
since 2005
4 recorded transactions
2005
$535,000
1998
$240,371
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $1.1M +1.3%
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