7925 4th N St Saint Petersburg, FL 33702-4319
- Strip malls
- 2,404 SF
- 0.28 lot acres
Jul 26, 2022
Current Use by Public Records
- Strip malls
Property Details for 7925 4th N St
- Year built
- 1948
- Construction
- FRAME
- Lot size
- 0.28 lot acres
- Property size
- 2,404 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 30-30-17-75528-001-0010
- APU
- 303017755280010010
Description
This exceptional 0.5-acre commercial redevelopment site in St. Petersburg, Florida, presents a unique investment opportunity. Located on 4th Street North, the property boasts approximately 110 feet of frontage, offering high visibility and excellent signage potential. Its strategic location provides direct southbound access to Downtown St. Petersburg and direct northbound access to Gandy Boulevard and I-275, ensuring convenient connectivity to major transportation arteries and Tampa. The site benefits from existing utilities and an approved parking area on the eastern residential lot, adding flexibility for various development scenarios. The property features a split zoning designation: CCS-1 (Commercial) and NS-1 (Residential), allowing for a diverse range of approved uses. These include, but are not limited to, office spaces, assisted living facilities, multifamily dwellings, hotels, restaurants, retail establishments, light manufacturing, and various other commercial and recreational uses. A former alleyway has been vacated by the city, subject to existing utility easements, and can be paved for cross-access between parcels. The APN numbers are 30-30-17-75528-001-0010 and 30-30-17-75528-001-0070. The asking price for this prime redevelopment opportunity is $850,000. A complete list of approved uses is available upon request. This property represents one of the few remaining commercial redevelopment opportunities in this highly desirable area.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $715,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $921,000
- AI Estimate
- $921,000
Market price range: $394k - $1.23MMarket price range: $394k - $1.23M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $765,000 Current use
- AUTO REPAIR, GARAGE
- $840,000 Change: +10% Conversion: Difficult
- OFFICE BUILDING
- $715,000 Change: -7% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Saint Petersburg
- County
- Pinellas
- State
- Florida
- Longitude
- -82.6384
- Latitude
- 27.845
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA