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6451 Ulmerton Road,  Largo FL, 33771

(Active)
$2,500,000
|
15,300 sqft
|
MLS# U8079156
Last Updated: 5/16/2024 3:44 PM
Description for 6451 Ulmerton Road Largo, FL 33771
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
$2,500,000
PINELLAS GROVES
Pinellas
15,300 (approx)
U8079156
Active
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.
Listing Information
Property Type: Industrial, Business Opportunities, 1 Story
1.16 Acres 15,300 (approx) 1984
1 Block
30//
PINELLAS GROVES
Slab
Neighborhood
Room Information
Interior Features
Other
Exterior / Lot Features
Block
C-2
Driving 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.
Financial Considerations
05-30-16-70920-300-1005
$13,869
Cash, Conventional
Listing Price History

Largo Real Estate

Largo is located in Florida. Largo, Florida 33771 has a population of 83,245.

The median household income in Largo, Florida 33771 is $44,877. The median household income for the surrounding county is $58,167 compared to the national median of $66,222. The median age of people living in Largo 33771 is 48 years.

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Courtesy: CHARLES RUTENBERG REALTY INC, 866-580-6402


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/16/2024 3:44 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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