5100 78th N Ave Pinellas Park, FL 33781-2407
- Office buildings
- 8,900 SF
- 1.29 lot acres
Jan 23, 2023
Current Use by Public Records
- Patricia P. Schmidt, M / Counselor / Doctor
- Prime Time Medical / Medical Supply Store
- Bright Futures Financial / Loan Agency
- Suncoast New Options / Adult Day Care Center
- Watson's Way ABA / Mental Health Service / Home Health Care Service
Property Details for 5100 78th N Ave
- Year built
- 1983
- Construction
- FRAME
- Lot size
- 1.29 lot acres
- Property size
- 8,900 SF
- Property type
- Office buildings
- APN
- 28-30-16-20052-000-0010
- APU
- 283016200520000010
Description
This exceptional Pinellas Park property, Park Center, offers two immediately available commercial spaces totaling 3,000 square feet. Located at 5100 78th Ave N, near the intersection of 78th Ave N and 49th Street, this Class B property boasts two buildings, each single-story, built in 1985 and extensively renovated in 2023. One suite, measuring 1,200 square feet, is a fully built-out medical office space, ideal for a medical spa or similar practice, and available March 1, 2024. This space features a reception area, ample seating, multiple rooms, newer flooring, interior paint, baseboards, LED lighting, a recently serviced central HVAC system, and a partially remodeled bathroom. The second suite, encompassing 1,800 square feet, is perfect for retail or office use and is available for immediate occupancy. Both spaces benefit from the property's abundant parking – over 60 spaces plus overflow – including ADA-compliant spots. The 8-foot ceilings and 100 AMP power provide ample space and utility. The property is zoned Town Center, allowing a wide range of uses, including art galleries, bakeries, brewpubs, clothing stores, catering establishments, retail rentals, pharmacies, financial institutions, florists, various office businesses, microbreweries, print shops, creative spaces, educational and training businesses, laboratories, medical and dental practices, and more (see full list of permitted uses in original listing). Low monthly CAM fees cover property management, landscaping, common area maintenance, pest control, garbage removal, parking lot upkeep, exterior painting, and roof maintenance. This is a fantastic opportunity for businesses seeking a well-maintained, versatile space in a thriving location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,025,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,455,000
- 6.5%
- $2,270,000
- 7%
- $2,105,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,624,000
- AI Estimate
- $2,624,000
Market price range: $862k - $4.78MMarket price range: $862k - $4.78M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,490,000 Current use
- AUTO REPAIR, GARAGE
- $2,925,000 Change: +18% Conversion: Difficult
- WAREHOUSE, STORAGE
- $2,520,000 Change: +1% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,470,000 Change: -1% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Pinellas Park
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7031
- Latitude
- 27.8425
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
