6451 Ulmerton Rd LARGO - FL - 33771

  •  1,900,000
  •  Commercial Sale
  •  0
  •  0.0
  •  15,300
  •  1984
  •  286 Days on market

NOW OFFERED at $1.9M!!! High Traffic Location!!! 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!

Legal: PINELLAS GROVES SW 1/4, S 618FT(S) OF N 1244FT(S) OF E 1/4 OF LOT 10

MLS# : U8079156
Property Type : Commercial Sale
County : Pinellas
Neighberhood : N/A
Living Sqft : 15,300 sqft
Price per Sqft : $124.18/sqft
Original List Price : $2,200,000
Acres : 1.16
AirConditioning : Other
Foundation : Slab
Zoning : C-2
Style : Industrial
Foreclosure : No
Gross taxes : 13,663
Tax Year : 2020
Pool : No
Buildings : 2
Short Sale : No
Net Operating Income : 107000
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