Property Attributes
- MLS#U8079156
- TypeCommercial
- CountyPINELLAS
- CityLARGO
- AreaLargo
- NeighborhoodPinellas Groves
- Zip33771
- StyleIndustrial
- Year Built1984
- Taxes$ 13869
- Price$ 2,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage15300
- Lot Size1.16 Acres
Data Source:
Stellar MLS
Property Description
High Traffic Location!!! NEW PHOTOS ADDED!! Great Commercial Income investment opportunity with long term Tenants. Highly desirable Ulmerton Road frontage/signage, near US-HWY-19 N. High Traffic volume for great business visibility! Average Daily Traffic Count: 32,000 to 52,000 (SR-688). Zoned C-2: Warehouse, Industrial, Automotive (Light Manufacturing (41). Land Use Code C-G. Property Use: 4105 (Garage/Workshop). 100% Occupancy: All units Fully Rented (0-Vacancy). Rent Rolls & Financials available with 'Proof of Funds' (POF) and signed 'Non-Disclosure Agreement' (NDA). Gross Annual Income: $108,420 (APX). Current CAP Rate should be easy to raise with Adjustments to Long Term Lease Agreements. Rents subject to market adjustment by new owner(s). 16 Total Units are occupied by 5 Long Term Tenants (paying month to month rent). Rents are slightly below "market" and are subject to adjustment (or "otherwise") by new owner. Each Individual (non-combined) original Unit size is apx 956 SqFt. Schedule Showing with Realtor. Do not approach Tenants. Prime location with frontage on main "High Traffic Count" Thoroughfare! Seller IS NOT NEGOTIABLE on Price or Terms.
Price History | |
---|---|
2/19/2021 | Listed $2,200,000 |
5/6/2021 | 14% - $1,900,000 |
General Features
Cooling | Other |
---|---|
Zoning | C-2 |
Construction Materials | Block,Concrete |
Year Built | 1984 |
Levels | One |
Property SubType | Industrial |
Tax Year | 2021 |
Percent Ownership | Sole Proprietor |
Business Type | Auto Service,Industrial,Professional Service,Warehouse,Wholesale |
County | Pinellas |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | PINELLAS GROVES |
Status | Active |
Directions | From US-HWY-19 N; West on SR-688 Ulmerton apx 1-block (less than 1/4 mile) to address on North (Rt) side of Ulmerton Rd. |
City | LARGO |
Buyer Agent Compensation | 2.0% |
MLS Area | 33771 - Largo |
Lot Size Square Feet | 50530 |
Waterfront Y/N | No |
Street Name | Ulmerton |
Listing Terms | Cash,Conventional,Other |
Tax Annual Amount | 13869.37 |
Public Remarks | High Traffic Location!!! NEW PHOTOS ADDED!! Great Commercial Income investment opportunity with long term Tenants. Highly desirable Ulmerton Road frontage/signage,near US-HWY-19 N. High Traffic volum |
Ok to Lease | Month To Month |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/U8079156 |
Days on Market | 1137 |
Standard Status | Active |
Tax Lot | 10 |
Legal Description | PINELLAS GROVES SW 1/4,S 618FT(S) OF N 1244FT(S) OF E 1/4 OF LOT 10 |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Street Suffix | ROAD |
LivingAreaSource | Public Records |
Living Area Units | Square Feet |
Exterior Features
Lot Size Area | 1.16 |
---|---|
Foundation Details | Slab |
Number of Buildings | 2 |
Building Area Total | 15300 |
Lot Size Acres | 1.16 |
Lot Size Units | Acres |
Road Frontage Type | County Road,Main Throrughfare,State Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool