13710 49Th StClearwater, FL 33760
- Industrial properties
- 3,000 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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