6451 ULMERTON RD LARGO FL 33771 MLS #U8079156

6451 ULMERTON RD
LARGO, FL, 33771
$2,500,000
Beds
0 Baths
15,300 SqFt
1.16 Acres
$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
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6451 ULMERTON RD
LARGO, FL