Tri-City Indust Park Real Estate

Welcome to Tri-City Industrial Park, a prime business hub nestled in the vibrant heart of St. Petersburg, Florida. This dynamic subdivision is strategically located in Pinellas County, offering unparalleled access to major highways and proximity to the bustling Tampa Bay area. Whether you are a startup looking for your first space or an established company seeking to expand, Tri-City Industrial Park provides the ideal setting for growth and success.

This well-planned industrial park boasts a variety of modern facilities, ranging from spacious warehouses to flexible office spaces, all designed to meet the diverse needs of today’s businesses. With its thoughtfully designed layout, Tri-City Industrial Park promotes efficiency and productivity, making it a sought-after location for companies in manufacturing, distribution, and logistics.

Beyond its exceptional infrastructure, Tri-City Industrial Park is surrounded by a thriving community. Enjoy easy access to local amenities, including restaurants, retail shops, and recreational areas, enhancing the work-life balance for you and your employees. The area is also known for its beautiful parks and waterfront views, providing a serene backdrop for your business endeavors.

St. Petersburg is not just about work; it’s a city rich in culture and entertainment. With a vibrant arts scene, stunning beaches, and a warm climate year-round, your business will thrive in an environment that encourages creativity and collaboration.

Join the growing community at Tri-City Industrial Park and take advantage of this unique opportunity to elevate your business in one of Florida's most desirable locations. Embrace the future of your enterprise in an area that truly has it all!

$1,500,000

Tri-City Indust Park SubDv. ⋅ 33716 Zip Code

$70.60/SF - RARE SPECIALTY FLEX / WAREHOUSE / INDUSTRIAL / OFFICE - BROADCAST FACILITY — 21,246 SF ON 0.73 ACRES IN GATEWAY ST. PETERSBURG. Former home of WTOG-TV / Tampa Bay 44, this two-story E-1 (Employment 1) zoned building offers what almost nothing else on the market does: existing studio and control-room build-out, broadcast-grade electrical infrastructure, and an on-site communications tower. Improvements include a Caterpillar diesel standby generator with on-site fuel storage, dual UPS battery backup systems, two chillers with Trane air handling, and a freight elevator. Priced at $1,500,000, or $70.60 per square foot, the basis sits well below St. Petersburg industrial for-sale listing averages near $232/SF and office sale averages near $142/SF. Two clear paths for a buyer: occupy it as a media, production, podcast, esports, telecom, worship, or training facility with dramatically reduced time-to-occupancy, or reposition it as multi-tenant flex, office, manufacturing, warehouse, creative, or studio space at a $17–$19/SF NNN blended target. Under that repositioning, base-case stabilized NOI of $180,203 implies a 12.01% going-in cap rate on the purchase price, with base-case value near $2.57M at a 7.0% exit cap. E-1 zoning supports employment and light manufacturing uses, and the on-site tower may offer third-party antenna or telecom leasing upside subject to buyer verification of FCC and FAA matters. Location is a genuine advantage — less than a half mile to I-275 and Gandy Boulevard, roughly 12 minutes to Tampa International Airport, 15 minutes to downtown St. Petersburg and St. Pete–Clearwater International Airport, and 20 minutes to downtown Tampa, within the Gateway / Mid-Pinellas employment corridor anchored by Raymond James, Jabil, and Franklin Templeton. Building is 21,246 SF heated / 22,022 SF gross, built 1965, pre-engineered metal with concrete block and stucco, approximately 20 surface parking spaces. Sold as-is. Offering memorandum, floor plans, equipment inventory, and photo package available to qualified buyers. Information deemed reliable but not guaranteed.

365 105th Terrace Ne, St Petersburg

Tri-City Indust Park Real Estate

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