1800 Pinellas AveTarpon Springs, FL 34689

  • Auto shops
  • 5,000 SF
For Sale
$420,000 View listing

Property Details for 1800 Pinellas Ave

Year built
2001
Construction
FRAME
Lot size
0.68 AC
Property size (Sq ft)
5,000 SF
Property type
Auto shops
APN
01-27-15-00864-001-0010
APU
12715008640010010

Description

This exceptional 1-acre commercial lot is located at 1800 N Pinellas Ave, Tarpon Springs, FL 34689. The property is zoned C3, offering a wide array of development possibilities. Its high and dry elevation provides a stable foundation for any construction project. The land has already undergone meticulous clearing, eliminating the need for extensive site preparation. This significantly reduces upfront costs and accelerates the development timeline. The asking price for this prime commercial real estate is $420,000. Situated in Pinellas County, this location offers excellent access to major transportation routes and a thriving local economy. The property's advantageous location and C3 zoning make it an ideal investment opportunity for developers seeking to capitalize on the growing commercial sector in Tarpon Springs. The cleared lot presents a blank canvas for a variety of commercial ventures, from retail spaces to office buildings, or other permitted uses under the C3 zoning designation. This is a rare opportunity to acquire a ready-to-develop commercial lot in a desirable Florida location. Don't miss this chance to secure a piece of prime Tarpon Springs real estate. The coordinates for the property are 28.17093649026198 latitude and -82.75212247475206 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,524,356
    6.5%
    $1,407,098
    7%
    $1,306,591
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,389,528
    Geo Method
    $1,389,528
  • Alternative Use

    Use
    Valuation
    Residential
    $1,186,940
    Hospitality
    $1,087,230
    Educational
    $904,563
    Medical
    $935,672
    Retail
    $1,407,098

Location Insight

City
Tarpon Springs
County
Pinellas
State
Florida
Latitude
28.17
Longitude
-82.7525
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
$13,555
-
-
$695,000
-
$166,640
$528,360
$695,000

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