5101 8th S Ave, Gulfport, FL 33707-2616
This exceptional 33707 Gulfport, Florida commercial property, located at 5101 8th Ave S, is offered at $750,000. The property is zoned for special purpose use and previously operated as a hummus plant, making it ideally suited for a commissary or food preparation business. The building boasts over 1,100 square feet of freezer and refrigeration space, including three freezers and a large (600 sq ft) double-entry walk-in refrigerator. All refrigeration systems have been recently replaced and are in excellent condition. Additional features include a sizable office with existing furniture, multiple small storage rooms, two half-bathrooms, a kitchen area, and expansive open areas perfect for food preparation. Two convenient garage doors facilitate efficient loading and unloading. Ample parking is available on-site, along with an in-ground grease trap for food waste disposal. This turnkey operation is conveniently located in Gulfport, offering easy access to both downtown St. Petersburg and area beaches. The property presents a unique opportunity for a food-related business seeking a well-equipped and strategically located facility. This is a land and building sale with zero units. Pinellas County location.
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.