Gateway Centre Business Park Parcel K

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30611632
Property Subtypes: Industrial, Office
Status: Pending
Gross Land Area: 12.46 Acres
Sale Price: $3,300,000
Unit Price: $264,847 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2020

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 K is a prime ±12.46 acre corner site located on both Gateway Centre Parkway and MCI Drive. Parcel K offers an opportunity for a commercial developer or user to create a new business location in the heart of Pinellas Park, Pinellas County, Florida.

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.

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 0207
Zoning: M1 - LIGHT INDUSTRIAL
Property Located Between: US Hwy 19 and I-275
Legal Description: GATEWAY CENTRE BUSINESS PARK PART OF PARCEL 2 DESC FROM NW COR OF SW 1/4 OF SEC 23-30-16 TH S00D12'09"W 488.17FT FOR POB TH N89D 35'24"E 598.08FT TO W'LY R/W OF MCI DR TH S11D36' 06"E 65.98FT TH CUR LT RAD 982.94FT ARC 391.14FT CB S32D07'08"E 388.57FT TH S43D31'08"E 52FT TH CUR RT RAD 50FT ARC 75.97FT CB S00D00'51"W 68.87FT TH SW'LY ALG W R/W LINE OF GATEWAY CENTRE PKWY 308.41FT TH N89D37'10"W 668.72FT TH N00D12'09"E 735.70FT TO POB (MAP S-23-30-16)
Largest Nearby Street: Gateway Centre Parkway
Feet of Frontage: 324
Area Description: Large and talented workforce population of over 169,000 employees within a 5-mile radius.
Lot Frontage: 324 FT
Zoning Description: The property is located in the City of Pinellas Park and is zoned M-1, Light Industrial. M-1 zoning allows for but is not limited to a wide variety of industrial, commercial, and office uses, as well as, compatible retail, wholesale, and distribution operations.
Part of Planned Development?: Yes
Development Name: Gateway Centre Business Park
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,890 108,979 280,387
Median Age: 61.03 42.4 43.13
Households: 2,768 48,754 123,733
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