Categories
Retail
About this property
This offering presents a covered land play situated on a 1.4-acre high-density commercial parcel at the signalized intersection of Central Avenue and 49th Street Offered at a 6% Cap Rate, the property features a 10,908-square-foot commercial building currently occupied by Family Dollar. The investment is de-risked by a NN lease generating $116,934 in stable, hands-off net operating income to carry costs. The initial lease term runs through 2029. With the new SunRunner transit overlay layered on top, this parcel carries long-term upside and its highest and best use points toward future development.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 10,908 sqft
- Land Size
- 1.4 acres
- Zoning
- CCS-1
- Year Built
- 1999
- Parking
- 58 spaces
- Construction
- Concrete Block
Documents 1 file
Last updated: Oct 1, 2026
Location
- Address
-
4901 Central Ave
St. Petersburg, Florida 33710