$1,600,000

6585 126th Avenue

LARGO FL, 33773

Description

The site is approximately 1.4 Acres (MOL) with a lighted hard corner access from both 126th Ave and 66th St North. The site is perfect for a high volume gas station, fast food or other national firm looking to increase their presence in Pinellas County Florida. Currently the site consists of 13,440 Gross / 12,000 leasable sqft retail plaza that is 100% occupied allowing a future buyer the opportunity to service debt while waiting for development approvals. The property has minimal deferred maintenance. The concrete block construction offers future ownership of possible lower insurance and minimal long-term maintenance costs. 66th St street has long been an excellent local market commercial corridor and considered the alternative North / South to US Highway 19. The surrounding local market has 98% average occupancy with excellent demographics and traffic counts on 66th street and the surrounding market. Pinellas County is the most densely populated county in the state of Florida and continues to grow on an annual basis. The current seller is open to waiting for development & rezoning approvals and may entertain a build to suit or long-term land lease option.

Details

MLS#U8065590
StyleRetail
Sub-TypeResale
StatusActive
Year1981
Days On Site30

Features

SQ Feet12,000
Story(s)1
Units8
ZoningRM-12.5

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Area Information

StateFL
CountyPinellas
CityLARGO
Zip Code33773
Area33773 - Largo
Listing VS Median (in 33773)
Price:
$1,600,000
low | high
Med:
$199,900
100% of Average
SqFt:
12,000
low | high
Med:
1,100
100% of Average
$ / SqFt:
$133
low | high
Med:
$182
13.704545454545% of Average
On Site:
30
low | high
Med:
9
100% of Average
Listing Updated: 12/13/2019
MLS Number: U8065590
Listing Provided By:
Debbie Mueller  of  RADIANT ASSET MANAGEMENT INC

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