4677 118th Ave N

46,233 SF Vacant Industrial Building Clearwater, FL 33762 $6,449,000 ($139/SF)

INVESTMENT HIGHLIGHTS

  • 6'X12' double sided direct digital signage.
  • 66.5 tons of air conditioning across 20 systems.
  • Features 7 overhead doors, a 24-foot eave height, and a peak ceiling height of 28.5 feet.
  • 18,380 square feet of formal office spaces, classrooms, and training rooms.
  • Easy access to Tampa, St. Petersburg, and Clearwater via the Interstate system.
  • 138 parking spaces on property, where most are secured within a gated compound.

EXECUTIVE SUMMARY

Prime Warehouse-Office Facility with 6'X12' digital pylon signage in Central Pinellas County, Florida This exceptional 46,233-square-foot warehouse-office property offers a rare blend of functionality, modern amenities, and an unbeatable location. Situated at the heart of Pinellas County, the property boasts 6’ x 12’ double sided direct digital signage on the major east-west corridor of 118th Avenue and 49th Street, providing excellent visibility and easy access to Tampa, St. Petersburg, and Clearwater via the interstate system. Built in 1978, this pre-engineered steel building has been meticulously maintained and recently remodeled, with a new roof, ensuring it is both durable and visually impressive. The facility includes 18,380 square feet of formal office spaces, classrooms, and training rooms, making it ideal for businesses requiring a mix of office and operational space. The remaining area is optimized for warehouse or industrial use, supported by seven overhead doors, a 24-foot eave height, and a peak ceiling height of 28.5 feet. Currently, 24% of the building is leased under a triple net agreement at $11 per square foot, generating steady income through February 2026. The property also features a deep well supporting an irrigation system to maintain its professionally landscaped grounds, adding to its overall curb appeal. The site includes 138 parking spaces, with 36 public-facing spaces at the front and 102 secured within a gated compound, providing ample parking and security. Operational efficiency is enhanced by a 150-kilowatt Caterpillar diesel generator, which powers the entire building during infrequent outages, and a dedicated 16-kilowatt generator for the server room. Additionally, the property offers 66.5 tons of air conditioning across 20 systems, ensuring consistent and reliable climate control. This two-story facility is well-suited for a wide range of uses, from corporate offices and training centers to manufacturing, distribution, or mixed-use operations. The property’s combination of functional design, extensive parking, secure storage options, and robust infrastructure positions it as a turnkey solution for businesses seeking a versatile and well-equipped facility. With 6’ x 12’ double sided direct digital signage on a high-traffic corridor, excellent interstate connectivity, and a central location in the dynamic Tampa Bay area, this property provides unmatched convenience and accessibility. Its modern upgrades, professional appearance, and outstanding functionality make it a premier opportunity for investors or businesses.

PROPERTY FACTS

Price $6,449,000
Price Per SF $139
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • FlexLight Distribution
Building Class C
Lot Size 2.55 AC
Rentable Building Area 46,233 SF
No. Stories 1
Year Built/Renovated 1978/1982
Parking Ratio 2.98/1,000 SF
Clear Ceiling Height 24’
No. Drive In / Grade-Level Doors 3

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Tampa
392,890
23
0 h 34 m
Orlando
285,713
100
2 h 0 m
Jacksonville
903,889
218
4 h 24 m
Miami
470,914
273
5 h 2 m
Atlanta
498,044
473
8 h 44 m
New Orleans
391,006
660
12 h 4 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
717,963
Total Labor Force
367,133
Unemployment Rate
2.55%
Median Household Income
$61,025
Warehouse Employees
42,156
High School Education Or Higher
92.00%

PROPERTY TAXES

ZONING

Zoning Code M1
  • Listing ID: 34615320

  • Date on Market: 1/27/2025

  • Last Updated:

  • Address: 4677 118th Ave N, Clearwater, FL 33762