6451 Ulmerton Rd., Largo, FL 33771 - U8079156 - iPro Real Estate
iPro Real Estate

iPro Real Estate

Listing ID : U8079156

  • Structure / Lot Size

    15,300 Sqft / 1.16 Acre
  • Year

    1984

Description

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. 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 Thoroughfare!

Details

Type:
Subdivision: Pinellas Groves 
MLS Area: 33771 - Largo 
County: Pinellas 
Tax ID: 05-30-16-70920-300-1005
Annual Taxes: $13,663
Business Type: Auto Service, Industrial, Professional Service, Warehouse, Wholesale 
Building Size: 15,300 SqFt 
Net Operating Income: $107,000 
Com Transaction Type: Commercial Sale 
Days on Market: 451 
Cooling: Other 
Foundation: Slab 
Number of Buildings: 2 
Property Type: Commercial Sale Sale 
Sub Type: Industrial 
Zoning: C-2 

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Interactive

27.89472 -82.726082 $2,200,000 U8079156
6451 Ulmerton Rd., Largo, FL 33771
Directions to here from:

Area Information 33771

Population:

27,976 -0% since 2010
Average Income:
$53,136
Average Age:
50Years
Gender:
46.55%Male
53.45%Female
Households:
13,81216.95% with children
Average Value:
$236,886
Occupancy:
63.73%Owned
36.27%Rented
18.72%Vacant
Education:
38.74%High School
8.34%Associate
10.93%Bachelor
4.84%Graduate
Average Residency:
19Years
Crime Rate:
Below Average
Annual Rainfall:
50.82Inches
Earthquake Risk:
Very Low
Hurricane Risk:
Very High
Ozone Risk:
Below Average
Pollution Risk:
Below Average
Tornado Risk:
Very High
Wind Risk:
Very Low

Nearby Schools Pinellas School District

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Life Christian Academy

private • K-12
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Fitzgerald Middle School

public • 6-8
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Crosspointe Baptist Academy

private • PK-12
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Center Academy-Pinellas Park

private • 5-12
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Life Christian Academy

private • K-12
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Pinellas Park High School

public • 9-12
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Bayside High School

public • 9-12
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Crosspointe Baptist Academy

private • PK-12
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Center Academy-Pinellas Park

private • 5-12
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Pinellas Secondary School

public • 6-12
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History

Date Transaction Price Mortgage Amt & Lender
Date
May 06, 2021
Transaction
Active - Commercial SaleU8079156
Price
$1,900,000
Mortgage Amt & Lender
- -
Date
Mar 01, 2006
Transaction
Withdrawn - Commercial SaleU7159403
Price
$835,000
Mortgage Amt & Lender
- -
Date
Jan 01, 2006
Transaction
Expired - Commercial SaleU7127794
Price
$835,000
Mortgage Amt & Lender
- -
Date
Dec 12, 2005
Transaction
Withdrawn - Commercial SaleU7159402
Price
$835,000
Mortgage Amt & Lender
- -

Listed by Mark Hartman with CHARLES RUTENBERG REALTY INC