570 Carillon PkwySt. Petersburg, FL 33716

Property Details for 570 Carillon Pkwy

Year built

1998

Construction

CONCRETE BLOCKS

Lot size

21.45 AC

Property size (Sq ft)

250,000 SF

Property type

Office buildings

APN

11-30-16-13462-009-0050

APU

113016134620090050

Description

This Class A, five-story office building at 570 Carillon Parkway in Pinellas County offers 250,000 square feet of executive office space. Built in 1998, the property boasts recently renovated common areas and a lobby, reflecting a commitment to modern aesthetics and functionality. Multiple tenancy options are available, ranging from a minimum of 771 square feet to a maximum contiguous space of 55,442 square feet, with 79,730 square feet currently vacant. The building provides ample parking with a 5.5 spaces per 1,000 square feet ratio. Conveniently located in the Carillon Business Park, this property enjoys exceptional accessibility, situated at the crossroads of I-275, Ulmerton Road, and Roosevelt Boulevard. Its strategic location offers proximity to walking trails, restaurants, hotels, retail shops, banks, and residential areas, making it an ideal location for businesses of all sizes. Building amenities include an on-site cafe, fitness center, FedEx drop box, 24/7 building access, onsite security, and high-speed cable and fiber services provided by Spectrum and Frontier. This is a rare opportunity to secure prestigious office space in a thriving business district.

• CAP approach

  CAP return

  Valuation

  6%

  $48,736,992

  6.5%

  $44,987,992

  7%

  $41,774,564

• Comparable approach

  Method

  Valuation

  Relative Method

  $27,570,000

  Geo Method

  $27,570,000

• Alternative Use

  Use

  Valuation

  Residential

  $55,785,112

  Hospitality

  $51,098,864

  Educational

  $42,513,652

  Medical

  $43,975,764

  Retail

  $66,132,348

Location Insight

City

Saint Petersburg

County

Pinellas

State

Florida

Latitude

27.8869

Longitude

-82.6634

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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