1846 62Nd AveSt. Petersburg, FL 33702

Property Details for 1846 62Nd Ave

Year built

1968

Construction

CONCRETE BLOCKS

Lot size

5.15 AC

Property size (Sq ft)

22,844 SF

Property type

Retail properties

Property subtype

Community centers

APN

36-30-16-00000-320-0100

APU

363016000003200100

Description

Town Plaza, located at 1846 62nd Ave N in St. Petersburg, Florida (zip code 33702), presents a significant retail leasing opportunity. This shopping center, situated in Pinellas County, offers a total of 66,662 square feet of retail space within a single building. Currently, there is one suite available, encompassing 13,185 square feet, ideal for a variety of retail uses. The property's prime location in St. Petersburg provides excellent visibility and accessibility for businesses seeking a strong presence in this thriving market. The property is classified as a retail shopping center with multiple tenancies, although currently only one suite is available for lease. The substantial square footage of the available space allows for considerable flexibility in tenant design and layout. This presents a unique chance for a business to establish a significant footprint in a well-established retail center. Interested parties are encouraged to inquire about lease terms and conditions. The property's latitude and longitude coordinates are 27.827812 and -82.6593364 respectively.

• CAP approach

  CAP return

  Valuation

  6%

  $6,546,486

  6.5%

  $6,042,910

  7%

  $5,611,273

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,348,476

  Geo Method

  $6,348,476

• Alternative Use

  Use

  Valuation

  Residential

  $5,097,420

  Hospitality

  $4,669,210

  Educational

  $3,884,728

  Medical

  $4,018,329

  Retail

  $6,042,910

Location Insight

City

Saint Petersburg

County

Pinellas

State

Florida

Latitude

27.8279

Longitude

-82.6588

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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