6585 126th Avenue, Largo, FL 33773

$1,600,000
13,440
SqFt
List Price
$1,600,000
Status
Active
Days on Market
26
MLS#
U8065590
Property Style
Retail
Year Built
1981
Living Area
13,440
Lot Size
61,023
Acres
1.4
Total Acreage
One + to Two Acres
Legal Subdivision Name
Pinellas Groves
MLS Area Major
Largo

Property Description

The site is approximately 1.4 Acres (MOL) with a lighted hard corner access from both 126th Ave and 66th St North. The site is perfect for a high volume gas station, fast food or other national firm looking to increase their presence in Pinellas County Florida. Currently the site consists of 13,440 Gross / 12,000 leasable sqft retail plaza that is 100% occupied allowing a future buyer the opportunity to service debt while waiting for development approvals. The property has minimal deferred maintenance. The concrete block construction offers future ownership of possible lower insurance and minimal long-term maintenance costs. 66th St street has long been an excellent local market commercial corridor and considered the alternative North / South to US Highway 19. The surrounding local market has 98% average occupancy with excellent demographics and traffic counts on 66th street and the surrounding market. Pinellas County is the most densely populated county in the state of Florida and continues to grow on an annual basis. The current seller is open to waiting for development & rezoning approvals and may entertain a build to suit or long-term land lease option.

Additional Information

Taxes Annual
$15184
Location
Corner Lot, In City Limits, Shopping Center, Street Paved
Community Features
No Deed Restriction
Zoning
RM-12.5
Air Conditioning
Central Air
Exterior Construction
Concrete, Stucco
Roof
Built-Up, Metal
Pool
No Pool
Garage Features
Over 30 Spaces
Flood Zone Code
X
Parcel ID
083016709742000904
Legal Description
PINELLAS GROVES NW 1/4, W 338.63FT OF E 618.63FT OF S 180.35FT OF N 592.59FT OF LOT 9

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RADIANT ASSET MANAGEMENT INC.

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