6451 ULMERTON ROAD Active Save Request In-Person Tour Request Virtual Tour
Largo,FL 33771
Key Details
Property Type Commercial Sale
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 15,300 sqft
Price per Sqft $124
Subdivision Pinellas Groves
MLS Listing ID U8079156
Year Built 1984
Annual Tax Amount $13,662
Tax Year 2020
Lot Size 1.160 Acres
Property Sub-Type Industrial
Property Description
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!
Location
State FL
County Pinellas
Area 33771 - Largo
Zoning C-2
Interior
Cooling Other
Building
Foundation Slab
Structure Type Block,Concrete
New Construction No
Others
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8079156