Active

6451 ULMERTON RD

LARGO FL, 33771

$2,500,000


$163.40 per sqft

Active

15,300 sqft

Commercial

Built in 1984

High Traffic Location!!! NEW PHOTOS ADDED!! Great Commercial Income investment opportunity with long term Tenants. Highly desirable Ulmerton Road frontage/signage, near US-HWY-19 N. High Traffic volume for great business visibility! Average Daily Traffic Count: 32,000 to 52,000 (SR-688). Zoned C-2: Warehouse, Industrial, Automotive (Light Manufacturing (41). Land Use Code C-G. Property Use: 4105 (Garage/Workshop). 100% Occupancy: All units Fully Rented (0-Vacancy). Rent Rolls & Financials available with 'Proof of Funds' (POF) and signed 'Non-Disclosure Agreement' (NDA). Gross Annual Income: $108,420 (APX). Current CAP Rate should be easy to raise with Adjustments to Long Term Lease Agreements. Rents subject to market adjustment by new owner(s). 16 Total Units are occupied by 5 Long Term Tenants (paying month to month rent). Rents are slightly below "market" and are subject to adjustment (or "otherwise") by new owner. Each Individual (non-combined) original Unit size is apx 956 SqFt. Schedule Showing with Realtor. Do not approach Tenants. Prime location with frontage on main "High Traffic Count" Thoroughfare! Seller IS NOT NEGOTIABLE on Price or Terms.

U8079156

MLS ID

March 18, 2020

Listed

March 22, 2024

Updated

Map

6451 ULMERTON RD
LARGO FL, 33771

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

No

Exterior/Building Features

Lot Size

1.16 Acres

Other Property Details

Area Name

33771 - Largo


Taxes

$13,869


Tax Frequency

Annually


Days on Market

1107


Garage

No


View

No


County

Pinellas


Pool

No


Zoning

C-2


Buyer Agency Compensation

2.0%

Listed by Mark Hartman, Dylan Mayeux with CHARLES RUTENBERG REALTY INC
Listing Contact: 866-580-6402 

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Data last updated 3/22/2024, 7:52 AM UTC

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