13710 49Th StClearwater, FL 33760

  • Industrial properties
  • 3,000 SF
For Sale
$2,804,713 View listing

Property Details for 13710 49Th St

Year built
1960
Construction
STEEL FRAME
Lot size
1.13 AC
Property size (Sq ft)
3,000 SF
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
04-30-16-70902-400-1104
APU
43016709024001104

Description

This exceptional investment opportunity presents a stabilized, multi-tenant industrial property located at 13710 49th St N, Clearwater, Florida, 33760, within Pinellas County. The property, known as Gator 49, encompasses 21,000 square feet and is currently 100% occupied, offering a strong and consistent income stream. Classified as a flex, manufacturing, and warehouse space, this versatile building caters to a diverse range of commercial uses. The asking price is $2,804,713, translating to a price per square foot of $133.56. The property boasts a compelling 6.50% capitalization rate, generating a net operating income (NOI) of $182,306. The lease type is modified, reflecting a flexible and potentially advantageous arrangement for the investor. This multi-tenant structure provides inherent diversification and reduced risk. The property's location in Clearwater, Florida offers excellent access to transportation networks and a thriving commercial environment. This is a prime opportunity for investors seeking a stable, high-yielding industrial asset with significant upside potential. The property's strong occupancy rate and attractive financial metrics make it an ideal addition to any diversified portfolio.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $669,421
    Hospitality
    $613,186
    Educational
    $510,164
    Medical
    $527,709
    Retail
    $793,588
13710 49Th St, Clearwater, Florida

Location Insight

City
Clearwater
County
Pinellas
State
Florida
Latitude
27.8966
Longitude
-82.7012
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,531
-
-
$1,237,000
-
$508,798
$728,202
$1,237,000

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