Address
6451 Ulmerton ROAD, LARGO, FL
Price
$ 2,500,000
Property Attributes
  • MLS#U8079156
  • TypeCommercial
  • CountyPINELLAS
  • CityLARGO
  • AreaLargo
  • NeighborhoodPinellas Groves
  • Zip33771
  • StyleIndustrial
  • Year Built1984
  • Taxes$ 13869
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15300
  • Lot Size1.16 Acres
Data Source:
Stellar MLS
Property Description

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.

Price History
2/19/2021 Listed $2,200,000
5/6/2021 14% - $1,900,000

General Features

Cooling Other
Zoning C-2
Construction Materials Block,Concrete
Year Built 1984
Tenant Pays Electricity,Sewer,Trash Collection,Water
Levels One
Property SubType Industrial
Tax Year 2021
Percent Ownership Sole Proprietor
Business Type Auto Service,Industrial,Professional Service,Warehouse,Wholesale
County Pinellas
New Construction No
Property Type Commercial Sale
Subdivision Name PINELLAS GROVES
Status Active
Directions From US-HWY-19 N; West on SR-688 Ulmerton apx 1-block (less than 1/4 mile) to address on North (Rt) side of Ulmerton Rd.
ModificationTimestamp 2024-06-10T14:15:08.740Z
City LARGO
Buyer Agent Compensation 2.0%
View Y/N No
MLS Area 33771 - Largo
Lot Size Units Acres
Lot Size Square Feet 50530
Waterfront Y/N No
Tax Annual Amount 13869.37
Ok to Lease Month To Month
Additional Parcels Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8079156
Days on Market 1280
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 10
Legal Description PINELLAS GROVES SW 1/4,S 618FT(S) OF N 1244FT(S) OF E 1/4 OF LOT 10
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Air Conditioning Y/N Yes
LivingAreaSource Public Records

Exterior Features

Lot Size Area 1.16
Foundation Details Slab
Number of Buildings 2
Building Area Total 15300
Lot Size Acres 1.16
Road Frontage Type County Road,Main Throrughfare,State Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33771

Price
AVG $1.44M
$2.5M
Taxes
AVG $6,988
$13,869
Visits
AVG 1908
3648
Data Provided by Inside Real Estate®
Year Built
AVG 1972
1984
Walkscore
AVG 41
42
Data Provided by Walkscore® not using MLS data

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