4.93+- ac Industrial/Hotel/Office Gandy & 275

Vacant Land for Sale
Catylist Listing ID: 30102286
Property Subtypes: Hospitality, Industrial, Multi-Family, Office
Gross Land Area: 4.93 Acres
Sale Price: $3,900,000
Unit Price: $791,075 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/7/2018

Overview / Comments

PROPERTY DESCRIPTION The opportunity to acquire a cleared and graded commercial parcel located at a lighted intersection in St. Petersburg, FL. The site has been identified as one of St. Petersburg's "Blue Chip" sites as it is ideal for a hotel, office or industrial development due to its easy access to both I-275 and Gandy Blvd and strong visibility. Stand alone retail is currently not an allowed use for the site. Water, sewer, electric and telephone are available to the site. Seller will divide and may consider JV's ground leases, build to suites and seller financing depending on the buyer.

LOCATION DESCRIPTION Two parcels which are located on the north side of Gandy Blvd, on both sides of 16th Street at the entrance to Metropointe Commerce Center which is a lighted intersection in St Petersburg, FL. Parcel 1- 4.93┬▒ acres, Parcel 2- .95┬▒ acres. Traffic count 55,500 A.A.D.T. on Gandy per FDOT 2014.

PROPERTY SIZE West Parcel- 4.93 Acres

East Parcel- .95 Acre

ZONING Employment Center- Allows for office, hotel and industrial uses. No stand alone retail or self storage is allowed.

PARCEL ID 24-30-16-57485-002-0010 and 24-30-16-57485-001-0010

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 243016574850020010

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,609 80,873 231,882
Median Age: 43.67 43.92 42.2
Households: 5,266 38,021 102,083


Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company FGCAR CIE Member
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Florida Gulfcoast Commercial Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.