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Gator 49 13710 49th St N

21,000 SF 86% Leased Industrial Building Clearwater, FL 33762 $2,804,713 ($134/SF) 6.50% Cap Rate

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Executive Summary

Fully leased light industrial warehouse with offices located only a block from the Pinellas Justice center. Several long-term tenants and most leases below market rent. Ownership leases 3,000 square feet, which can be made available to a purchaser desiring to occupy a portion of the building.

49th Street Flyer

Financial Summary (Actual - 2024) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Taxes	$99,999	$9.99
Operating Expenses	$99,999	$9.99
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Taxes
Annual	$99,999
Annual Per SF	$9.99

Operating Expenses
Annual	$99,999
Annual Per SF	$9.99

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	$2,804,713	Rentable Building Area	21,000 SF
Price Per SF	$134	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1960
Cap Rate	6.50%	Parking Ratio	0.57/1,000 SF
Property Type	Industrial	Clear Ceiling Height	12 FT
Property Subtype	Warehouse FlexLight Distribution	No. Dock-High Doors/Loading	1
Building Class	C	No. Drive In / Grade-Level Doors	8
Lot Size	1.12 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$2,804,713
Price Per SF	$134
Sale Type	Investment or Owner User
Cap Rate	6.50%
Property Type	Industrial
Property Subtype	Warehouse FlexLight Distribution
Building Class	C
Lot Size	1.12 AC
Rentable Building Area	21,000 SF
No. Stories	1
Year Built	1960
Parking Ratio	0.57/1,000 SF
Clear Ceiling Height	12 FT
No. Dock-High Doors/Loading	1
No. Drive In / Grade-Level Doors	8
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Air Conditioning

Lighting
Water
Sewer

Space Availability

1st Floor
3,000 SF
Industrial
-
Now

Space	Size	Space Use	Condition	Available
1st Floor	3,000 SF	Industrial	-	Now

Size

3,000 SF

Space Use

Industrial

Condition

Available

Now

1 of 1

PROPERTY TAXES

Parcel Number	04-30-16-70902-400-1104	Total Assessment	$1,237,000 (2023)
Land Assessment	$508,798 (2023)	Annual Taxes	($1) ($0.00/SF)
Improvements Assessment	$728,202 (2023)	Tax Year	2024