Property profile

5303 126th N Ave Clearwater, FL 33760

OFF-MARKET
Warehouses
Property ID
US18-4877867
24,000 SF 1.88 ac lot Built 1977
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, situated in the thriving city of Pinellas Park, offers a unique opportunity for businesses seeking versatile warehouse, manufacturing, flex, or distribution space. The property encompasses approximately 26,940 square feet of Class C industrial space within a larger development offering significant land availability. The building boasts a substantial 20-foot ceiling height, ideal for various operational needs. The site is zoned for heavy industrial use and includes a secure, fenced, and well-lit trailer parking area with approximately 620 spaces. This feature provides ample storage and logistical support for businesses requiring extensive trailer accommodations. Access to the property is enhanced by two convenient ingress points, ensuring efficient movement of goods and personnel. Furthermore, its strategic location provides unparalleled access to major transportation arteries, including Route 19, SR 688 (Ulmerton Road), I-275, 118th Avenue, and 49th Street, facilitating seamless regional and interstate connectivity. The property is available in parcels ranging from approximately 5 to 25 acres, offering flexibility for expansion or development. This prime location and comprehensive amenities make this an exceptional investment opportunity for businesses seeking a strategic foothold in the dynamic Pinellas Park market. The property was built in 1977 and is currently available for multiple tenants.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1977
Construction CONCRETE BLOCKS
Total area 24,000 SF
Lot 1.88 ac (82,006 SF)
APN 09-30-16-70992-200-1401
UPID US18-4877867

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility

Location

5303 126th N Ave Clearwater, FL 33760-4610
Clearwater metro Census 24512 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$20.13M

Owner & transaction history

since 2022
Last sale
$27.5M
2 recorded transactions
2022
$27.5M
2012
$590,000

Zoning & alternative use

Top alternative use upside
Auto repair, garage $14.1M +80.8%
Restaurant $12.3M +57.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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