Tri-City Indust Park Real Estate

Welcome to Tri-City Industrial Park, a vibrant hub of innovation and opportunity nestled in the heart of St. Petersburg, Florida. This dynamic subdivision is strategically located in Pinellas County, offering businesses a prime location that is both accessible and attractive. With its proximity to major highways, the bustling Tampa Bay area, and the stunning Gulf Coast, Tri-City Industrial Park provides an ideal setting for companies looking to thrive in a competitive market.

The park features a diverse range of industrial spaces, from modern warehouses to versatile office spaces, all designed to accommodate the needs of various businesses. With flexible zoning regulations, Tri-City Industrial Park is perfect for light manufacturing, distribution centers, and research facilities, making it a versatile choice for entrepreneurs and established companies alike.

Surrounded by a supportive community and a skilled workforce, Tri-City Industrial Park fosters collaboration and growth. The area is home to a variety of amenities, including restaurants, retail shops, and recreational facilities, ensuring that both employees and visitors enjoy a vibrant lifestyle. Additionally, the park's commitment to sustainability and innovation makes it a forward-thinking choice for businesses aiming to make a positive impact.

Whether you're a startup looking to establish your roots or an established business seeking to expand, Tri-City Industrial Park is the perfect location to realize your vision. Join a thriving community that values progress and success, and discover the endless possibilities that await you in this exceptional industrial park in sunny St. Petersburg, Florida!

$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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