148,000 SF Infill Shell on 11 Acres in St. Petersburg FL
148,000 SF Strategic Infill Shell | 11 Acre Blank Canvas | Proven Resilience
Marketing description
The "Blank Canvas" Strategy: A 148,000 SF Strategic Infill Opportunity
4600 Park Street North represents a rare opportunity to acquire a massive contiguous footprint in the land-locked Pinellas County market. This ±11-acre site, featuring a 148,000 SF shell (the former Sears Outlet), is being offered as a "Blank Canvas" for adaptive reuse or strategic redevelopment.
Climate Resilience
In the current Florida real estate climate, resilience is a key value driver. While many coastal properties faced significant challenges in 2024, this property’s elevated slab remained high and dry during Hurricane Helene's record storm surge.
The Future of Infill Logistics & Tech
With CG zoning, prior warehousing and distribution use, and a massive footprint, the property is positioned for more than just traditional retail. It is a prime candidate for:
- Last-Mile Logistics: Perfectly situated to serve the high-density St. Petersburg population.
- Advanced Air Mobility: The expansive acreage and building height make it a natural fit for a regional vertiport or drone logistics hub.
- Edge Data Centers: The shell structure allows for the heavy floor loads and cooling infrastructure required for modern AI and data processing.
- Business Flex Storage: Direct alignment with the high-demand "work-from-home" and trade-services storage needs of the surrounding residential density.
- Other Uses: Health and wellness center, recreational complex, charter school campus, and more.
Location & Connectivity
Located between Target and Kohl's on Park Street North with over 26,000 vehicles passing daily, the site offers high visibility and ease of access for logistics and retail users alike. Its central location between Bay Pines and Tyrone Square provides efficient transit times to Downtown St. Petersburg (15 mins), St. Pete-Clearwater International Airport (15 mins), Tampa International Airport (25 mins), and Downtown Tampa (30 mins).
The property is offered Unpriced to allow for market discovery and to accommodate the specific needs of institutional adaptive-reuse buyers.
Investment highlights
- Unrivaled Scale in Pinellas: One of the last remaining ±11 acre infill sites in the most densely populated county in Florida.
- Proven Climate Resiliency: The elevated interior slab was high and dry during the historic storm surge of Hurricane Helene (2024).
- Blank Canvas Delivery: 148,000 SF shell is ready for immediate customization of HVAC, roof, and interior layout.
- CG Zoning: Flexible City of Seminole zoning supports a wide range of uses, including logistics, high-tech flex, and large-format commercial.
- High-Visibility Infill: 657 ft of frontage between Target and Kohl's on Park Street North (26,000+ VPD) in the Bay Pines / Tyrone Square area, with rapid access to the Beach Cities, I-275, and the entire Tampa Bay MSA.
- Institutional Potential: Ideally suited for Last-Mile Logistics, Advanced Air Mobility (Vertiports), Edge Data Centers, Film/Production Studios, Business Flex Storage, Wellness Centers, Charter Schools, and more.
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