1794 22Nd StSt. Petersburg, FL 33712

Property Details for 1794 22Nd St

Year built

2005

Construction

CONCRETE BLOCKS

Lot size

3.60 AC

Property size (Sq ft)

39,734 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

25-31-16-66311-001-0010

APU

253116663110010010

Description

This exceptional retail property, located at 1794 22nd St S in St. Petersburg, Florida, presents a unique investment opportunity. The entire 38,900 square foot building is currently vacant, offering a blank canvas for a visionary entrepreneur or developer. Situated in Pinellas County, zip code 33712, this shopping center boasts a prime location with high visibility and accessibility. The property's multiple tenancy allows for diverse uses, catering to a wide range of retail businesses. The substantial square footage provides ample space for a large-scale retail operation or the potential to be subdivided into smaller units for multiple tenants. This is an unparalleled chance to establish a significant retail presence in a thriving St. Petersburg community. The property is ready for immediate occupancy, allowing for swift implementation of business plans. With its strategic location and expansive footprint, this retail center offers exceptional potential for growth and profitability. Interested parties are encouraged to explore the possibilities this remarkable property presents. The property is classified as a retail shopping center and is fully vacant, providing a unique opportunity for a complete redevelopment or a single large tenant. The property's address is 1794 22nd St S, St. Petersburg, FL 33712.

• CAP approach

  CAP return

  Valuation

  6%

  $17,849,416

  6.5%

  $16,476,384

  7%

  $15,299,499

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,227,897

  Geo Method

  $15,227,897

• Alternative Use

  Use

  Valuation

  Residential

  $13,898,446

  Hospitality

  $12,730,902

  Educational

  $10,591,961

  Medical

  $10,956,235

  Retail

  $16,476,384

Location Insight

City

Saint Petersburg

County

Pinellas

State

Florida

Latitude

27.7525

Longitude

-82.6619

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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