2045 Palmetto St | Clearwater, FL 33765
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
2045 Palmetto St
Clearwater, FL 33765
Palmetto Street, LLC · Specialty Property For Sale · 62,389 SF
Investment Highlights
- Strong, 35 year lease, expiring June 30, 2049
- Tenant is a highly rated, public, charter school with 500+ students in grades K-8
- Cap Rate 7.81 (Annual increases 3-7%). Exempt from ad valorem taxation (school)
- Tenant responsible for property insurance, maintenance & repairs of everything but roof
- School established in 2004 with an extensive waiting list
- Additional earning potential by renting out gym/hall facilities (750 person capacity w seating)
PROPERTY FACTS
| Property Type | Specialty | Building Size | 62,389 SF |
| Property Subtype | Schools | No. Stories | 2 |
| Building Class | B | Year Built | 2014 |
| Lot Size | 4.63 AC | Parking Ratio | 2.95/1,000 SF |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | B |
| Lot Size | 4.63 AC |
| Building Size | 62,389 SF |
| No. Stories | 2 |
| Year Built | 2014 |
| Parking Ratio | 2.95/1,000 SF |
PROPERTY TAXES
| Parcel Number | 12-29-15-70182-400-0700 | Improvements Assessment | $8,707,220 |
| Land Assessment | $787,100 | Total Assessment | $9,494,320 |
PROPERTY TAXES
Parcel Number
12-29-15-70182-400-0700
Land Assessment
$787,100
Improvements Assessment
$8,707,220
Total Assessment
$9,494,320
zoning
| Zoning Code | I (Institutional) |
| I (Institutional) |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
