3700 Ulmerton RdClearwater, FL 33762

  • Retail properties
  • 8,996 SF
For Lease

Property Details for 3700 Ulmerton Rd

Year built
2007
Construction
CONCRETE BLOCKS
Lot size
1.88 AC
Property size (Sq ft)
8,996 SF
Property type
Retail properties
Property subtype
Strip malls
APN
10-30-16-20916-000-0010
APU
103016209160000010

Description

This exceptional retail opportunity presents 18,206 square feet of commercial space within the Ulmerton Plaza, situated on a 1.88-acre lot in Clearwater, Florida. Built in 2007, this Class C property features two single-story buildings offering multiple tenancy options. The property boasts excellent visibility along Ulmerton Road, a major thoroughfare with an average annual daily traffic count exceeding 46,500 vehicles. Strategic access is provided via a signalized intersection at Ulmerton Road and 38th Street, along with convenient direct right-in/right-out access on Ulmerton Road. Its prime location offers easy connectivity to Interstate 275, linking St. Petersburg/Clearwater to Tampa, and US Highway 19, a significant north-south route. The property is conveniently located directly across from the St. Pete/Clearwater International Airport, ensuring high visibility and accessibility. The property includes ample parking with a ratio of 4.48 spaces per 1,000 square feet. Zoned C-2 by Clearwater, Pinellas County, this property (APN: 10-30-16-20916-000-0010) presents a compelling investment opportunity in a high-traffic area. Small shop space is currently available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,578,015
    6.5%
    $2,379,706
    7%
    $2,209,728
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,500,039
    Geo Method
    $2,500,039
  • Alternative Use

    Use
    Valuation
    Residential
    $2,007,372
    Hospitality
    $1,838,742
    Educational
    $1,529,811
    Medical
    $1,582,424
    Retail
    $2,379,706
3700 Ulmerton Rd, Clearwater, Florida

Location Insight

City
Clearwater
County
Pinellas
State
Florida
Latitude
27.8929
Longitude
-82.6844
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
$42,741
-
-
$2,215,000
-
$864,246
$1,350,754
$2,215,000

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