6451 ULMERTON ROAD, LARGO FL 33771 6451 ULMERTON ROAD, LARGO FL 33771 6451 ULMERTON ROAD, LARGO FL 33771 6451 ULMERTON ROAD, LARGO FL 33771 6451 ULMERTON ROAD, LARGO FL 33771 6451 ULMERTON ROAD, LARGO FL 33771 6451 ULMERTON ROAD, LARGO FL 33771 6451 ULMERTON ROAD, LARGO FL 33771 6451 ULMERTON ROAD, LARGO FL 33771 6451 ULMERTON ROAD, LARGO FL 33771 6451 ULMERTON ROAD, LARGO FL 33771
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$1,900,000
310 days
For Sale • 0 BEDS • 0 BATHS • 15,300 SQFT
Price cut: -$300K / -13.64% (2021/05/06)

Overview

NOW OFFERED at $1.9M!!! 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: $107,000 (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!

Facts and features

Type:
Commercial Sale
Year Built:
1984
Heating:
No Data
Cooling:
• Other
Parking:
No Data
Lot:
1.16 Acres
Price/sqft:
$124

Estimate

$370,500
Estimated sales range: $330,500 - $424,200

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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 ©2021-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