9701 66Th StPinellas Park, FL 33782

  • Strip malls
  • 5,760 SF
For Lease
$16/SF/YR View listing

Property Details for 9701 66Th St

Year built
1985
Construction
CONCRETE BLOCKS
Lot size
2.97 AC
Property size (Sq ft)
5,760 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
20-30-16-69804-200-2402
APU
203016698042002402

Description

This exceptional 6,238 square foot freestanding retail and restaurant building is located at 9701-9715 66th Street North in Pinellas Park, Florida, zip code 33782. The property boasts a highly visible location on busy 66th Street North, situated between Bryan Dairy Road and Park Boulevard, experiencing 39,500 vehicles per day. The building offers multiple tenancy options, with spaces ranging from 720 square feet to the entire 6,238 square feet. A significant portion, 5,518 square feet, is a second-generation, plug-and-play restaurant/bar space, immediately available. The property benefits from a strong tenant mix, including established businesses such as State Farm, El Guerrero Mexican Grill, a barber shop, Route 66 Diner, a coin shop, and Herbs By Merlin. Recent improvements include a resurfaced parking lot and upgraded landscaping. The building is available for lease at a rate of $16.00 per square foot, NNN. This prime location and versatile space present a unique opportunity for businesses seeking high visibility and a thriving commercial environment in Pinellas Park. The property's flexible layout and existing infrastructure make it ideal for a variety of retail and restaurant concepts.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,650,664
    6.5%
    $1,523,689
    7%
    $1,414,854
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,600,736
    Geo Method
    $1,600,736
  • Alternative Use

    Use
    Valuation
    Residential
    $1,285,289
    Hospitality
    $1,177,318
    Educational
    $979,515
    Medical
    $1,013,202
    Retail
    $1,523,689

Location Insight

City
Pinellas Park
County
Pinellas
State
Florida
Latitude
27.8601
Longitude
-82.7281
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
$41,082
-
-
$1,900,000
-
$701,529
$1,198,471
$1,900,000

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