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27816373
27816374

0 Forrest Lakes Road, Oldsmar, FL 34677

JB
FL FL SL3390114, IL IL 475.135174
KW Commercial
Listed by KW Commercial
$2,500,000
227 days on market
Updated 40 days ago

Oldsmar Industrial Vacant Land

Details
APN 13-28-16-11864-000-0060
Property Type Industrial, Land
Sub Type Distribution, Flex (+1)
Square Footage 251,341
Tenancy Vacant
Price per SqFt $10
Broker Co-Op Yes
Class A
Acreage 5.770
Zoning M-1
Investment Type Redevelopment

Prime Industrial Development Land – Oldsmar, FL | ±5.77 Acres M-1 Zoned

Marketing description

Positioned in the heart of one of Pinellas County’s most desirable industrial corridors, the Vacant Site offers ±5.77 acres of strategically located land within the Brooker Creek Corporate Center. With ±3.75 usable acres and M-1 zoning, this site is ideally suited for light manufacturing, warehouse/flex, R&D, or corporate campus development.

The property features ±902 feet of frontage on Forest Lakes Blvd and excellent visibility in both directions, surrounded by major employers including Microlumen, Lockheed Martin, and Nielsen. Its location offers quick access to Tampa Road, Race Track Road, Linebaugh Avenue, and Veterans Expressway (SR-589), providing seamless connectivity throughout the Tampa Bay metro.

Oldsmar continues to see strong demand for industrial and mixed-use projects, driven by population and income growth within the North Pinellas submarket. As one of the few remaining developable parcels in this corridor, this property provides a rare opportunity to secure shovel-ready land in a high-barrier market with steady absorption, sub-6% vacancy, and rising rents across the region.

Investment highlights

The Tampa–St. Petersburg–Clearwater MSA remains one of Florida’s strongest performing industrial markets, featuring over 200 million square feet of inventory and a 6.1% vacancy rate as of Q1 2025 (CoStar). North Pinellas submarket rents average $11.74/SF, reflecting 7.6% annual rent growth over the last decade.

Demand Drivers:

  • Proximity to Tampa International Airport (15 miles) and Port of Tampa (20 miles)

  • Expanding manufacturing and logistics base

  • Population growth and high household incomes in Oldsmar/Safety Harbor corridor

  • Limited supply of industrial-zoned land in Pinellas County

Listing Contacts

JB
FL FL SL3390114, IL IL 475.135174
KW Commercial
Listed by KW Commercial

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Additional Information

Name
Jack Bataoel
License
FL SL3390114
Brokerage Phone
7273043566
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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