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6451 ULMERTON ROAD

Commercial For Sale
$2,500,000

BTC: 35.40772061

ETH: 709.95902117

+$300K (2023/04/19)
1470 days
0 room(s)
15,300 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

High Traffic Location!!! NEW PHOTOS ADDED!! Great Commercial Income investment opportunity with long term Tenants. Highly desirable Ulmerton Road frontage/signage, near US-HWY-19 N. High Traffic volume for great business visibility! Average Daily Traffic Count: 32,000 to 52,000 (SR-688). Zoned C-2: Warehouse, Industrial, Automotive (Light Manufacturing (41). Land Use Code C-G. Property Use: 4105 (Garage/Workshop). 100% Occupancy: All units Fully Rented (0-Vacancy). Rent Rolls & Financials available with 'Proof of Funds' (POF) and signed 'Non-Disclosure Agreement' (NDA). Gross Annual Income: $108,420 (APX). Current CAP Rate should be easy to raise with Adjustments to Long Term Lease Agreements. Rents subject to market adjustment by new owner(s). 16 Total Units are occupied by 5 Long Term Tenants (paying month to month rent). Rents are slightly below "market" and are subject to adjustment (or "otherwise") by new owner. Each Individual (non-combined) original Unit size is apx 956 SqFt. Schedule Showing with Realtor. Do not approach Tenants. Prime location with frontage on main "High Traffic Count" Thoroughfare! Seller IS NOT NEGOTIABLE on Price or Terms.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1984
Lot:
1.16 Acres
Heating:
No Data
Price/sqft:
$163
Cooling:
Other
HOA:
No Data
All facts and features
  • Cooling

    • Other

  • Property

    • Levels: One

    Lot

    • Lot: 1.16 Acres

    Other Property Information

    • Parcel Number: 053016709203001005

    • Zoning: C-2

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Industrial

  • Other financial information

    • Annual tax amount: $13,869

  • Source details

    • MLS ID: U8079156

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Slab

    • Living Area: 15300

    • Subdivision Name: PINELLAS GROVES

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: CHARLES RUTENBERG REALTY INC