St. Petersburg, Florida, is a prime location for investing in Warehouses For Sale, with 23 available listings offering a range of opportunities for businesses and investors. Warehouses in St. Petersburg can represent a variety of investments, from distribution and logistics centers to manufacturing facilities and storage spaces. With its strategic location on the Pinellas peninsula between Tampa Bay and the Gulf of Mexico, St. Petersburg offers easy access to major transportation hubs, including the Sunshine Skyway Bridge, Gandy Bridge, and Tampa International Airport. The city's infrastructure, including utilities provided by Duke Energy, TECO Energy, and the city of St. Petersburg, supports a range of industries, from healthcare and retail to professional services. Additionally, St. Petersburg is home to institutions like the University of South Florida St. Petersburg, Eckerd College, and St. Petersburg College, providing a skilled workforce and access to education and research resources. The city's amenities, such as St. Anthony's Hospital, Northshore Aquatic Complex, and Fort De Soto Park, make it an attractive location for businesses and residents alike. As a major city in the Tampa Bay area, St. Petersburg is a great place for business and travel, with attractions like the St. Petersburg Pier, Tropicana Field, and the Salvador Dalí Museum drawing in visitors from around the world.
Warehouses in St. Petersburg offer a unique opportunity to invest in a city with a strong economy and growing population. With an average price per square foot of $181 USD and an average size of 40,222 square feet, these properties offer a range of options for businesses and investors. In addition to Warehouses, St. Petersburg also offers other property types, including Industrial Properties, Land, Residential Income Homes, and Commercial Real Estate. Industrial Properties in St. Petersburg offer opportunities for manufacturing and distribution, while Land provides a blank canvas for development. Residential Income Homes offer a chance to invest in the city's growing housing market, and Commercial Real Estate provides opportunities for retail and office space. With its diverse economy and growing population, St. Petersburg is an attractive location for businesses and investors, offering a range of opportunities for growth and development.
What are the key features investors look for in warehouses in St. Petersburg?
When searching for warehouses in St. Petersburg, investors typically look for key features that ensure a strong return on investment, including:
- Average price per square foot, currently at $181 USD, and average size of 40,222 square feet, with some properties offering as much as 148,100 square feet of space.
- A competitive average cap rate of 6.16%, which indicates a strong potential for rental income and long-term appreciation.
- Proximity to major transportation hubs, such as the Sunshine Skyway Bridge, Gandy Bridge, and Tampa International Airport, which facilitates easy access to regional and national markets, as well as a strong labor pool with a population of around 260,000 in St. Petersburg.
What size warehouses are available to buy in St. Petersburg?
Warehouses for sale in St. Petersburg range in size from approximately 40,222 square feet to 148,100 square feet, with an average price per square foot of $181 USD and an average cap rate of 6.16%, offering a variety of options for businesses and investors looking to purchase a warehouse in this desirable location.
How much does it cost to buy a warehouse in St. Petersburg?
When it comes to buying a warehouse in St. Petersburg, the cost can vary greatly depending on factors such as size, location, and condition, with the average price per square foot being $181 USD and the average size of available listings being 40,222 square feet, with some warehouses spanning up to 148,100 square feet, and with an average cap rate of 6.16%, and currently, there are 23 available listings to choose from.
