Gateway Centre Business Park Parcel B

Vacant Land for Sale
Catylist Listing ID: 30611661
Property Subtypes: Hospitality, Office, Retail, Other
Gross Land Area: 4.11 Acres
Sale Price: $2,450,000
Unit Price: $596,107 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/27/2022

Overview / Comments

Land Advisors Organization (“LAO”) is pleased to exclusively offer several premier infill development sites located inside the Gateway Centre Business Park. Gateway Parcel B is a prime 4.11± acre site located on the Southeast Corner of U.S. Highway 19 and Gateway Centre Boulevard. Parcel B offers an opportunity for a commercial developer or user to create a new business location in the heart of Pinellas Park, Pinellas County, Florida. FDOT is in the process of planning a future signal at this corner.

Gateway Centre Business Park offers convenient access to U.S. Highway 19 as well as Gandy Boulevard providing easy transportation connectivity to Interstate 275. The property will allow future tenants and users an opportunity to engage customers who are embracing the live-work-play concept as it’s also near brand new luxury apartments and a strong employment center.

The Gateway area in mid-Pinellas County is home to several of the region’s largest employers who are responsible for over 60,000 jobs. This area is favorable for new construction given the overall tight market, asking rates above the pre-recession peak, above average rent growth, aging inventory, and a thin pipeline for new projects.

The property is located in the City of Pinellas Park and is zoned B-1, General Commercial. B-1 zoning allows for but is not limited to a variety of commercial and retail uses including hotels, offices, auto repair, restaurant, convenience store, day care, medical and dental labs, and health spas.

This property is subject to the Gateway Centre Property Owners Association, Declaration of Covenants, Conditions and Restrictions (CC&Rs), and Design Criteria.

There are several other properties being offered in the Gateway Centre Business Park. Please contact Nancy Surak for additional details and pricing.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Taxing Authority: Pinellas County
Tax ID/APN: 16 30 22 30374 000 0301
Zoning: B1
Property Located Between: Located directly on US Hwy 19 at Gateway Centre Parkway
Property Visibility: Excellent
Legal Description: GATEWAY CENTRE BUSINESS PARK PART OF PARCEL 3 DESC BEG AT SW COR OF SD PARCEL 3 TH N31D55'54"W 136.07FT TH N15D34'06"E 22.84FT TH N60D34'06"E 150.42FT TH CUR RT RAD 860FT ARC 443.36FT CB N75D20'15"E 438.47FT TH S89D53'37"E 15.68FT TH S31D55'54"E 381.38FT TO S SEC LINE TH N89D53'37"W 706.76FT TO POB
Largest Nearby Street: US Hwy 19
Feet of Frontage: 145
Traffic/Vehicle Count: 65,000
Area Description: Large and talented workforce population of over 169,000 employees within a 5-mile radius.
Lot Frontage: 145 FT
Zoning Description: B-1 zoning allows for but is not limited to commercial, retail, hotels, offices, auto repair, restaurant, convenience stores, and medical uses.
Part of Planned Development?: Yes
Development Name: Gateway Centre Business Park

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,470 112,242 302,953
Median Age: 48.38 42.9 43.66
Households: 6,511 48,902 134,735
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