Mid-County Industrial Site

Vacant Land for Sale
Catylist Listing ID: 30507519
Property Subtypes: Industrial
Gross Land Area: 8.22 Acres
Sale Price: $2,100,000
Unit Price: $255,474 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/16/2020

Overview / Comments

This property consists a total of 8.22 acres of land which has been used for decades as a wholesale nursery facility. The small building on site adds nominal value. Given the location’s proximity to the mid-Pinellas County highway system, the industrial land use designation and the demand in the market, the highest and best use for the property will be for industrial development.
The current R-A (Residential-Agricultrual) zoning was compatible with the owner’s nursery use but can be changed to an industrial zoning (County E-1) consistent with the County Land Use Plan designation of E (Employment).
The site is cleared, level and ready for immediate development. The Duke Energy power line right of way along the west boundary may provide an opportunity for additional surface parking.

This property is jointly listed by David Kramer of Pridgen Realty and John Skicewicz of Coldwell Banker Commercial NRT.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Taxing Authority: Pinellas County
Tax ID/APN: 05-30-16-70920-100-0701
Zoning: R-A (INDUSTRIAL ZONING IS AVAILABLE)
Property Located Between: North of Ulmerton, South of Roosevelt, East of US 19, West of 49th St.
Property Visibility: Fair
Legal Description: Parcel IDs: #05-30-16-70920-100-0701 and #05-30-16-70920-100-0603
Largest Nearby Street: Ulmerton Rd.
Site Description: Former wholesale nursery. Site is cleared, level, has access from 62nd St. (across the Duke Energy ROW) and frontage on 150th Ave N.
Area Description: Excellent industrial location with easy access to major roadways.
Zoning Description: Currently zoned for agricultural use, however, the County Land Use Plan designates this site for industrial use.
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,874 88,926 265,525
Median Age: 37.04 44.73 44.5
Households: 4,550 39,010 118,944

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