$2,500,000
6451 ULMERTON RD
LARGO, FL, 33771
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.
Property Details
Price:
$2,500,000
MLS #:
U8079156
Status:
Active
Beds:
0
Baths:
0
Address:
6451 ULMERTON RD
Type:
Commercial
Subtype:
Industrial
Subdivision:
PINELLAS GROVES
City:
LARGO
Listed Date:
Mar 18, 2020
State:
FL
Finished Sq Ft:
15,300
ZIP:
33771
Lot Size:
50,530 sqft / 1.16 acres (approx)
Year Built:
1984
Schools
Interior
Cooling
Other
Exterior
Construction Materials
Block, Concrete
Financial
Buyer Agent Compensation
2.0%%
Tax Year
2021
Taxes
$13,869
Mortgage Calculator
Map
Courtesy of CHARLES RUTENBERG REALTY INC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
6451 ULMERTON RD
LARGO, FL
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