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9550 16th N St Saint Petersburg, FL 33716-4217

OFF-MARKET Office buildings Google Maps
10,285 SF 2.31 ac lot Built 1998
Entity Owned 5-yr Hold ~ Est. High Equity
Estimated value (blended)
$280k
Range $252k – $308k (±10%)
Property ID US18-5410541

Property summary

AI-generated overview

This exceptional Class A office building, situated within the Metropointe Commerce Park at the intersection of Commerce Ave N and 16th St N, offers immediate occupancy in two available suites. The property boasts a total of 4,860 square feet, with 3,600 square feet currently vacant and divisible into spaces ranging from 1,260 to 3,600 contiguous square feet. One suite is a 1,260 square foot building featuring general office space and a utility garage with overhead door access, currently available for $1,627.50 per month on a modified gross lease, plus utilities (electric, janitorial, and telephone). The larger, 3,600 square foot free-standing building is fully furnished and move-in ready, offering a modified gross rental rate of $19.50 per square foot, plus suite janitorial, telephone, and electric. The property sits on 1.5 acres of land and includes 54 parking spaces, providing ample parking for tenants and visitors. The building features 24-hour security and is zoned EC-1, Employment Center. This is a rare opportunity to secure high-quality, immediately available office space in a desirable Pinellas Park location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1998
Construction CONCRETE BLOCKS
Total area 10,285 SF
Lot 2.31 ac (100,833 SF)
APN 24-30-16-57482-001-0010
UPID US18-5410541

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
  • Big Box & Wholesale Store Production Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2021
Last sale
$235,000
7 recorded transactions
2021
Price N/A
2021
$235,000
2019
Price N/A
2012
Price N/A
2009
Price N/A
2009
$1.6M
1997
$320,000

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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