$2,325,000
( $227.10Per Sq Foot )
 $13,201 forsale estimated payment Sourced by Back At You

3580 66th Ave N , PINELLAS PARK, FL 33781

PINELLAS PARK, FL 33781

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Description

The property at 3580 66th Ave N, Pinellas Park, FL 33781 offers a versatile and rare opportunity for both owner-users and investors to capitalize on the growing demand for flex space in the highly desirable Pinellas Park market. With a total building size of 10,238 square feet and 8,516 square feet under air, this asset provides 27 separate units, all currently leased on month-to-month terms. This gives a future owner or investor tremendous flexibility to either occupy space for their own business or restructure leases for higher long-term returns. The flexible leasing structure offers a unique opportunity for an owner-user to occupy part of the space while continuing to benefit from rental income generated by the remaining tenants. This flexibility makes the property ideal for businesses looking to expand or relocate in a central, growing market. Currently, Ken’s High Tech Auto & Marine occupies five of the commercial bays and will vacate upon sale, leaving behind existing lifts and equipment. This feature allows a new owner to either occupy the space or lease it to another automotive business seeking a turnkey setup. Alternatively, for investors, the 27 fully-leased units provide immediate cash flow with significant upside potential. The short-term leases allow a new owner to increase rents and lock in higher returns as demand for flex and industrial spaces in Pinellas Park continues to grow. This is a value-add investment with the potential to benefit from the city’s robust economic development and limited supply of industrial properties. Pinellas Park is one of the fastest-growing areas in Pinellas County, with increasing demand for flex space driven by contractors, automotive businesses, and small manufacturers. The city offers excellent infrastructure and access to major transportation routes, making it a prime location for businesses looking for centrally located operational space. As one of Pinellas County’s fastest-growing areas, Pinellas Park has high demand for industrial and flex spaces. It is well-connected, with major routes facilitating regional business, making it a hub for automotive, contractor, and small manufacturing enterprises. The property’s strategic location in this undersupplied market adds substantial value for any buyer. The market is undersupplied, and new industrial developments are scarce, which adds significant value to the flex, outdoor storage, industrial, automotive, and warehouse uses at 3580 66th Ave N. Zoning: The property at 3580 66th Ave N, Pinellas Park, FL 33781 is zoned for Commercial use under Pinellas County’s zoning code, specifically allowing for light manufacturing, automotive services, and other business operations in smaller-scale industrial environments. Allowed Uses: 1. Automotive Repair and Services 2. Light Manufacturing 3. Warehousing/Storage 4. Contractor Businesses 5. Printing Plants 6. Retail Trade 7. Office Spaces This property is a versatile asset with unlimited possibilities. Whether you’re an owner-user looking to occupy space or an investor seeking to capitalize on the rising demand for flex space in Pinellas Park, 3580 66th Ave N offers an ideal opportunity to grow with the market. With its fully leased units, flexible lease structures, and prime location, this property is poised for long-term value and income growth. All reasonable terms and offers considered.

Details

MlsO6252922
Listing TypeFor Sale
StyleIndustrial
SubtypeFor-sale
StatusActive
Year1967
Days On Site46
Listing Provided ByCOMPASS FLORIDA LLC | Brad Kuskin

Features

Sq Feet3,528
Storys1
ZoningCOMM
Acreage0.47

Market Activity 33781

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of December 13, 2024 at 2:39:33 PM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Listings Checked: 3 minutes ago
StateFL
CountyPinellas
CityPINELLAS PARK
Zip Code33781
Area33781 Pinellas Park
Community NameTROPICAL HEIGHTS
Listing VS Median (in TROPICAL HEIGHTS)
Price:
$2,325,000
low | high
Med:
$1,173,300
99.535483870968% of Average
SqFt:
3,528
low | high
Med:
3,906
39.285714285714% of Average
$ / SqFt:
$659
low | high
Med:
$332
99.617457305503% of Average
On Site:
46
low | high
Med:
84.000000
54.761904761905% of Average
Sourced by Back At You
Listing Updated: November 28, 2024 at 1:45:05 AM PST