5450 4Th StSt. Petersburg, FL 33703

Property Details for 5450 4Th St

Year built

2000

Construction

CONCRETE BLOCKS

Lot size

0.55 AC

Property size (Sq ft)

4,250 SF

Property type

Retail properties

Property subtype

Retail space

APN

31-30-17-24288-001-0010

APU

313017242880010010

Description

This exceptional 4,250-square-foot free-standing medical office building is ideally situated at 5450 4th Street North in St. Petersburg, Florida, within Pinellas County. Built in 1998, the property boasts a single-tenant occupancy, offering 4,250 square feet of vacant space ready for immediate use. Its prime location along heavily traveled 4th Street North ensures excellent visibility and accessibility for patients and staff. The building features a wide-open floor plan, providing flexibility for various medical practices or healthcare-related businesses. Benefit from the stability of a property under the same ownership and management since 1999. This presents a unique opportunity for a medical professional or healthcare organization seeking a well-maintained, highly visible space with flexible lease terms and rates. The property is classified as both retail and office space, and its free-standing nature offers significant advantages in terms of branding and accessibility. The property's zip code is 33703. This presents a compelling investment opportunity in a thriving Florida market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,927,815

  6.5%

  $1,779,521

  7%

  $1,652,413

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,640,588

  Geo Method

  $1,640,588

• Alternative Use

  Use

  Valuation

  Residential

  $1,501,093

  Hospitality

  $1,374,993

  Educational

  $1,143,978

  Medical

  $1,183,321

  Retail

  $1,779,521

Location Insight

City

Saint Petersburg

County

Pinellas

State

Florida

Latitude

27.8223

Longitude

-82.639

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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