3501 49Th StSt. Petersburg, FL 33710

Property Details for 3501 49Th St

Year built

2018

Construction

CONCRETE BLOCKS

Lot size

12.03 AC

Property size (Sq ft)

46,855 SF

Property type

Retail properties

Property subtype

Community centers

APN

09-31-16-20628-000-0010

APU

93116206280000010

Description

Disston Plaza, located at 3501 49th St N in St. Petersburg, Florida, presents a compelling retail investment opportunity. This 114,132 square foot plaza, situated on 10.45 acres in Pinellas County (zip code 33710), boasts a prime location within a densely populated area of St. Petersburg. Built in 1954 and extensively renovated in 2018, the property offers ample parking with 700 spaces. The plaza is zoned CG and features a strong tenant mix, anchored by Publix and including national brands such as Bealls, Dollar Tree, and Pet Supermarket. Available spaces range from 1,200 to 4,954 square feet, providing flexibility for various retail concepts. Benefiting from high visibility and pylon signage opportunities on 49th Street, Disston Plaza enjoys exceptional foot traffic, generating approximately 1.5 million visits annually (Placer.ai, 2023). This established center offers a rare chance to acquire a well-positioned retail property in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $13,427,402

  6.5%

  $12,394,525

  7%

  $11,509,202

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,021,267

  Geo Method

  $13,021,267

• Alternative Use

  Use

  Valuation

  Residential

  $10,455,246

  Hospitality

  $9,576,949

  Educational

  $7,967,909

  Medical

  $8,241,938

  Retail

  $12,394,525

Location Insight

City

Saint Petersburg

County

Pinellas

State

Florida

Latitude

27.8046

Longitude

-82.6991

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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