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Shutter Me Up!! Bay Pines, Pinellas 5275 95th St N

8,510 SF Vacant Industrial Building Saint Petersburg, FL 33708 $3,500,000 ($411/SF)

Investment Highlights

  • Centrally location in Pinellas County close to Seminole, Madeira Beach, Redington Beach & Treasure Island!

Executive Summary

Opportunity of a lifetime! Hurricane shutter company of 25+ years with awesome customer base and cash flow. INDUSTRIAL MANUFACTURING WAREHOUSE & OUTDOOR STORAGE. PROPERTY FEATURES 11,780 heated SF on 1.5-acres. Property includes 5-unit industrial warehouses, with one converted to a 2 bed/2bath condo with pool. All units have hurricane shutters, oversized garage doors, and covered parking. Private road leads to fenced outdoor storage for boats, RVs, and other vehicles, and features coded gate entrance and camera surveillance. 42 spots rented monthly. Leaseholds in place for all tenants in the warehouse units. Large road sign in front for owner and tenant marketing and advertising. Materials available to construct large metal building with steel I beams for additional outside covered storage leading to increased rental income! Owner will train buyer in the hurricane shutter business. THIS IS THE COMMERCIAL OPPORTUNITY NOT TO MISS!!

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $216,000 $25.38
Other Income $190,000 $22.33
Vacancy Loss - -
Effective Gross Income $406,000 $47.71
Taxes $10,895 $1.28
Operating Expenses $8,000 $0.94
Total Expenses $18,895 $2.22
Net Operating Income $387,105 $45.49

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $216,000
Annual Per SF $25.38
Other Income
Annual $190,000
Annual Per SF $22.33
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $406,000
Annual Per SF $47.71
Taxes
Annual $10,895
Annual Per SF $1.28
Operating Expenses
Annual $8,000
Annual Per SF $0.94
Total Expenses
Annual $18,895
Annual Per SF $2.22
Net Operating Income
Annual $387,105
Annual Per SF $45.49

Property Facts

Price $3,500,000
Price Per SF $411
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
  • Industrial Service
  • Office Office Residential
Building Class C
Lot Size 0.63 AC
Rentable Building Area 8,510 SF
No. Stories 1
Year Built 1989
Parking Ratio 5.88/1,000 SF
No. Drive In / Grade-Level Doors 5

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Front Loading
  • Property Manager on Site
  • Security System
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-31-15-00000-210-0900
  • 02-31-15-00000-120-0500
Land Assessment
$354,043
Improvements Assessment
$340,369
Total Assessment
$694,412
Annual Taxes
$10,895 ($1.28/SF)
Tax Year
2023

zoning

Zoning Code Commercial (Commercial/storage/industrial/manufacturing/mix use!)
Commercial (Commercial/storage/industrial/manufacturing/mix use!)
  • Listing ID: 34122611

  • Date on Market: 12/7/2024

  • Last Updated:

  • Address: 5275 95th St N, Saint Petersburg, FL 33708

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