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Exceptional opportunity to acquire a 23, 055± SF multi-tenant (zoned E-1 )industrial facility situated on 1. 11 acres with premier frontage along US Highway 19. This (4) unit income-producing property includes a revenue-generating billboard and benefits from exposure to 70, 000+ vehicles per day. The property is equipped with three-phase electric, making it well suited for manufacturing, fabrication, distribution, warehouse, and other industrial operations. Convenient access to US-19, I-275, Gandy Boulevard, Ulmerton Road, and Bryan Dairy Road allows for efficient transportation and distribution throughout the Tampa Bay MSA. This well-positioned industrial asset presents an outstanding opportunity for investors or owner-users seeking strong visibility, add-value, multiple income streams, flexible zoning, and exceptional accessibility in the heart of the Tampa Bay market. With a current occupancy rate of 54%, this property is poised to deliver substantial returns in a thriving market. Don't miss the chance to secure this versatile and lucrative property in a highly desirable market.
Highlights:
23, 055± SF multi-tenant industrial property,
Income producing billboard,
1. 11 acres,
70, 000+ vehicles per day,
Direct access to US-19,
Great Frontage,
E-1 Light Manufacturing zoning,
Four units,
Three-phase electric,
(12) grade-level drive-in doors,
13' clear ceiling height,
Front-loading configuration,
Fenced lot with monument signage,
Lot storage area,
Easy access to major airports and ports,
Not annexed (unincorporated Pinellas County),
Prime Tampa/St. Petersburg location
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,800,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,040,000 | $3,040,000 | $3,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.223% | 6.183% |
| Monthly Tax Payment | $1,610 | $1,610 | $1,610 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,741 | $18,471 | $25,653 |
| Total Monthly Payment | $19,476 | $20,206 | $27,388 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.