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Investment Highlights

  • Immediate Cash Flow: Stabilized asset yielding an active $405,321 annual NOI.
  • Local contractors face a severe shortage of functional M-1 space.
  • Near-total capacity track record with virtually zero historical vacancy.

Executive Summary

An exceptional opportunity to acquire a 2-asset industrial portfolio totaling 39,360 SF across 92 physical units in the premier Mid-Pinellas industrial submarket. Strategically positioned at 4810 110th Ave N. & 6270 118th Ave N within the City of Pinellas Park, both properties feature highly flexible M-1 (Light Industrial) zoning. The portfolio is currently home to approximately 63 active tenants, featuring built-in operational flexibility where multiple units have been successfully combined to accommodate larger tenant footprints and scaling businesses.
Offered at $6,200,000 ($157.52 / SF), the portfolio delivers an immediate Net Operating Income (NOI) of $405,321 at a strong 6.51% Cap Rate. This high-yielding investment boasts an elite, near-100% occupancy track record with virtually zero historical vacancy issues. The M-1 zoning allows for a wide variety of compatible light manufacturing, warehousing, wholesaling, and contractor services, perfectly matching the demand of local service providers facing a severe regional shortage of functional workshop and storage space.

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual $99,999
Vacancy Loss
Annual $99,999
Effective Gross Income
Annual $99,999
Taxes
Annual $99,999
Operating Expenses
Annual $99,999
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $6,200,000
Price / SF $164.92 / SF
Cap Rate 6.54%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 37,595 SF
Total Land Area 2.58 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Aarons Self Storage/Workshop/Warehouse
6270 118th Ave N, Largo, FL 33773
Industrial 23,980 SF 1980 -
Workshop/Warehouse
4810 110th Ave, Pinellas Park, FL 33762
Industrial 13,615 SF 1983 -
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  • Listing ID: 40652412

  • Date on Market: 5/24/2026

  • Last Updated:

  • Address: Laser Focus Workshops - Pinellas Park, F, Pinellas Park, FL

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