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Executive Summary

THE STRATEGIC OPPORTUNITY: 148,000 SF INFILL "BLANK CANVAS"
4600 Park Street North represents a rare opportunity to acquire one of the largest contiguous building footprints and land assemblages remaining in Pinellas County—the most densely populated county in Florida. This ±11-acre site, featuring a ±148,000 SF (Heated) / ±166,315 SF (Gross) shell, is being positioned as a "Blank Canvas" for adaptive reuse or strategic redevelopment.
CONDITION & ADAPTIVE REUSE POTENTIAL
The property is delivered in its original raw shell condition, providing a clean slate for an institutional user to execute a ground-up modernization. Unlike properties with restrictive "partial" renovations, this asset allows a buyer to:
Streamline Modernization: Execute a comprehensive interior strip-out tailored specifically to high-tech or industrial requirements.
Custom Infrastructure: Install all-new HVAC, electrical, and fire/life safety systems from scratch, ensuring 2026 code compliance and maximum operational efficiency.
Optimized Layout: The expansive open-span nature of the former Sears footprint is ideal for reconfiguring column spacing or floor loads for specialized equipment.
INVESTMENT HIGHLIGHTS
PROVEN CLIMATE RESILIENCY: In a market where insurance and elevation are key drivers of value, this property stands apart. During the historic storm surge of Hurricane Helene in 2024, the building’s elevated interior slab remained high and dry. This proven resilience provides a significant "moat" against rising insurance premiums and operational downtime.
UNMATCHED SCALE & SCARCITY: Assembling 11 acres in a land-locked infill location like St. Petersburg/Seminole is a generational rarity. This asset provides the scale required for institutional users that cannot be found elsewhere in the submarket.
FLEXIBLE ZONING (CG - SEMINOLE): The General Commercial (CG) zoning in the City of Seminole is highly versatile, supporting a wide range of intensive commercial, retail, and "narrow-moat" specialty uses.
HIGH-VISIBILITY ARTERIAL: Significant frontage on Park Street North with 26,000–27,000+ AADT, providing excellent brand exposure and ease of access for logistics.
STRATEGIC SECTORS
Last-Mile Logistics: High-density access to the St. Pete/Tampa MSA.
Advanced Air Mobility: Ideal acreage for regional vertiport hubs.
Edge Data Centers: High-capacity footprint for modern AI/data infrastructure.
Business Flex Storage: A high-demand sector in the local market, catering to trade services and "work-from-home" inventory needs.
Film & Media Production: Large clear-span areas suitable for sound stages.
LOCATION & CONNECTIVITY
Situated in a high-growth corridor, the property offers efficient transit times to the region's major economic hubs:
Downtown St. Petersburg: 15 Minutes
St. Pete-Clearwater International Airport (PIE): 15 Minutes
Downtown Tampa / TPA Airport: 25-30 Minutes
TRANSACTION TERMS
The property is offered "As-Is, Where-Is" and is Unpriced to accommodate market discovery. Buyers are encouraged to factor the "Blank Canvas" interior requirements into their redevelopment model to ensure a 2026-compliant finish.

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 11.06 AC
Rentable Building Area 148,100 SF
No. Stories 1
Year Built 1967
Tenancy Single
Parking Ratio 1.68/1,000 SF
Clear Ceiling Height 22’
No. Dock-High Doors/Loading 6
Zoning CG - General Commercial

Utilities

  • Lighting
  • Water
  • Sewer
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 148,100 SF
  • Flex
  • Shell Space
  • Now

Large single-tenant shell opportunity delivered in shell condition; tenant to fund all improvements. Suitable for flex, warehousing, distribution, logistics, showroom, experiential, or advanced mobility users, subject to zoning. Long-term NNN lease or ground lease considered. Unpriced to allow flexibility based on use, term, and improvement scope.

Space Size Space Use Build-Out Available
1st Floor 148,100 SF Flex Shell Space Now

1st Floor

Size
148,100 SF
Space Use
Flex
Build-Out
Shell Space
Available
Now

1st Floor

Size 148,100 SF
Space Use Flex
Build-Out Shell Space
Available Now

Large single-tenant shell opportunity delivered in shell condition; tenant to fund all improvements. Suitable for flex, warehousing, distribution, logistics, showroom, experiential, or advanced mobility users, subject to zoning. Long-term NNN lease or ground lease considered. Unpriced to allow flexibility based on use, term, and improvement scope.

Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
01-31-15-00000-240-0500
Land Assessment
$2,975,835
Improvements Assessment
$3,724,165
Total Assessment
$6,700,000
  • Listing ID: 40486368

  • Date on Market: 5/11/2026

  • Last Updated:

  • Address: 4600 Park St N, Saint Petersburg, FL 33709

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