4181 116Th TerClearwater, FL 33762

Property Details for 4181 116Th Ter

Year built

1984

Construction

CONCRETE BLOCKS

Lot size

0.50 AC

Property size (Sq ft)

2,400 SF

Property type

Manufacturing properties

APN

15-30-16-29244-000-0170

APU

153016292440000170

Description

This exceptional investment opportunity presents a 8,280-square-foot industrial property in Clearwater, Florida, ideally suited for distribution, manufacturing, or warehousing. Located at 4181 116th Terrace N, 33762, this property boasts two buildings on a half-acre lot (22,200 sq ft), zoned M-1. The single-tenant, net-lease property features 2,400 square feet of office space and 5,880 square feet of warehouse space, with a 5-year lease expiring January 31, 2026, and three one-year renewal options. The warehouse includes two dock-high doors, 15-foot ceilings, and 14 parking spaces, including 4 covered spaces. Built between 1984 and 1988, the concrete and metal building offers ample space for storage, inventory, or manufacturing operations. The office area comprises several offices, a conference room, file room, kitchen, breakroom, and two restrooms. This property benefits from high visibility on 116th Terrace N and easy access to major thoroughfares, including US 19 and 118th Avenue N, placing it within a thriving commercial and industrial area with high traffic volume (35,500 VTD). The asking price is $1,325,000, resulting in a price per square foot of $160.02. This is a prime investment opportunity with strong tenant occupancy and a desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $535,537

  Hospitality

  $490,549

  Educational

  $408,131

  Medical

  $422,167

  Retail

  $634,871

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Latitude

27.8772

Longitude

-82.6907

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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