3993 Tyrone BlvdSt. Petersburg, FL 33709

Property Details for 3993 Tyrone Blvd

Year built

1990

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

4.87 AC

Property size (Sq ft)

25,928 SF

Property type

Retail properties

Property subtype

Strip malls

APN

01-31-15-92905-001-0020

APU

13115929050010020

Description

Lighthouse Crossing offers a fantastic retail opportunity in St. Petersburg, Florida. This single-story, 1,900 square foot space is situated at the northeast corner of Tyrone Boulevard and Park Street, benefiting from exceptional visibility and high traffic counts. The property is part of a shopping center with multiple tenants, ensuring a vibrant and bustling atmosphere. Its strategic location provides easy access to a large customer base, drawing shoppers from southern St. Petersburg and southern Seminole. The area boasts strong demographics and significant traffic volume, exceeding 70,000 annual average daily traffic (AADT) at the intersection. This prime location places the property in close proximity to major retailers such as Kohl's, Target, and Tyrone Square Mall, further enhancing its appeal and drawing significant foot traffic. The space is ideal for a variety of retail uses and presents a unique chance to establish a thriving business in a high-demand area. This is a single-story building. Further details are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $7,430,278

  6.5%

  $6,858,718

  7%

  $6,368,810

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,205,536

  Geo Method

  $7,205,536

• Alternative Use

  Use

  Valuation

  Residential

  $5,785,586

  Hospitality

  $5,299,565

  Educational

  $4,409,176

  Medical

  $4,560,814

  Retail

  $6,858,718

Location Insight

City

Saint Petersburg

County

Pinellas

State

Florida

Latitude

27.8094

Longitude

-82.7521

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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