4900 1St AveSt. Petersburg, FL 33707
- Strip malls
- 6,328 SF
Property Details for 4900 1St Ave
- Year built
- 1952
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.27 AC
- Property size (Sq ft)
- 6,328 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 21-31-16-07191-001-0010
- APU
- 213116071910010010
Description
Hudson's Plaza, located at 4900 1st Ave S, St. Petersburg, FL 33707, presents a unique investment opportunity. This 6,328 square foot Class C building, renovated in 2022, offers flexible space ideal for various medical, restaurant, or cannabis-related businesses. Situated on a prominent corner at the intersection of 1st Avenue South and 49th Street South, this property benefits from high visibility and convenient access. The building features multiple tenancies, with a minimum divisible space of 600 square feet and the potential to lease the entire 6,328 square feet contiguously. Currently, there are three spaces available. A notable feature is a 1,230 square foot second-generation restaurant space ready for immediate occupancy. The property is located in the St. Petersburg submarket of Pinellas County, Florida, and is also available for sale. This free-standing building offers significant potential in a thriving community. The property's location at a traffic light ensures high traffic volume and excellent exposure.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,813,437
- 6.5%
- $1,673,942
- 7%
- $1,554,375
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,758,587
- Geo Method
- $1,758,587
-
Alternative Use
- Use
- Valuation
- Residential
- $1,412,033
- Hospitality
- $1,293,414
- Educational
- $1,076,106
- Medical
- $1,113,114
- Retail
- $1,673,942
Location Insight
- City
- Saint Petersburg
- County
- Pinellas
- State
- Florida
- Latitude
- 27.7698
- Longitude
- -82.7001
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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