6451 Ulmerton Road
Largo,
FL
33771
Property Details
List Price: |
$2,500,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
15300 |
Agency: |
Charles Rutenberg Realty, Inc |
Description/Comments
Lot Size: |
1 acre(s) |
Property Type: |
Commercial |
Year Built: |
1984 |
Notes: |
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:Â 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. |
MlsNumber: |
U8079156 |
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Listing Provided By: |
Charles Rutenberg Realty, Inc, original listing |
Name: |
Charles Rutenberg Realty, Inc |
Phone: |
(727) 538-9200 |
Office Name: |
CHARLES RUTENBERG REALTY INC |
Office Phone: |
(727) 538-9200 |
Agent Name: |
Mark Hartman |
Disclaimer: |
Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |