Taz Roopnarine Winter Springs Real Estate Logo
$1,900,000

6451 Ulmerton Road

LARGO FL, 33771

Description

NOW OFFERED at $1.9M!!! High Traffic Location!!! 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: $107,000 (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!

Details

MLS#U8079156
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1984
Days On Site277

Features

SQ Feet15,300
ZoningC-2
Acreage1.16
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Area Information
StateFL
CountyPinellas
CityLARGO
Zip Code33771
Area33771 - Largo
Listing VS Median (in 33771)
Price:
$1,900,000
low | high
Med:
$222,400
100% of Average
SqFt:
15,300
low | high
Med:
709
100% of Average
$ / SqFt:
$124
low | high
Med:
$79
86.141155073862% of Average
On Site:
277
low | high
Med:
329
84.19452887538% of Average
Sourced by Back At You
Listing Updated: May 11, 2021 3:50:56 AM PDT
Mark Hartman LogoMLS Number: U8079156
Listing Provided By:
Mark Hartman  of  CHARLES RUTENBERG REALTY INC

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