Technical
Financial
Distress signals
Property profile

558 28Th St S St Petersburg, FL 33712

FOR SALE
Other industrial properties
Property ID
US18-4076307
6,415 SF 0.99 ac lot Built 1956
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Property summary

AI-generated overview

Located in St. Petersburg’s Warehouse Arts District, this 0.63-acre assemblage comprises two parcels at 558 28th Street S, St. Petersburg, FL 33712. The property is improved with an existing structure that was used as a place of worship and is currently zoned Industrial Traditional (IT). IT zoning allows a range of uses, including multifamily, commercial, and live/work configurations, and the site has an approved site plan for 88 residential units. The two-lot layout supports flexibility in site planning, vehicle circulation, and potential phasing, and utilities (city water, sewer, and electric) are available on site. The location provides access to the Pinellas Trail and is within close proximity to major local destinations and corridors, including the Warehouse Arts District area and nearby mixed-use developments.

Property profile

Verified
Property type Other industrial properties
Year built 1956
Total area 6,415 SF
Lot 0.99 ac (43,124 SF)
UPID US18-4076307

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
  • Church

Location

558 28Th St S St Petersburg, FL 33712
St Petersburg metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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