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29786876
29786877

120 Pinckney St, Oldsmar, FL 34677

JD
FL SL3517817
Marcus & Millichap
Listed by Marcus & Millichap
$2,590,000
111 days on market
Updated 7 days ago

Prime 1.41 Acres IOS with 7,420 SF Warehouse

Details
APN 23-28-16-63936-077-0011
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 7,420
Net Rentable (SqFt) 7,420
Tenancy Vacant
Pro-Forma Cap Rate 9.12%
Pro-Forma NOI $236,123
Broker Co-Op Yes
Class B
Year Built 1987
Year Renovated 2026
Buildings 2
Acreage 1.410
Zoning M-1 (Industrial)
Investment Type Value Add
Ceiling Height 22'

Prime 1.41 Ares IOS with 7,420 SF Warehouse | Complete Renovation

Marketing description

This exceptional 1.41-acre Industrial Outdoor Storage (IOS) property, featuring 7,420 SF of fully renovated warehouse space, represents a truly rare opportunity in the highly sought-after Oldsmar submarket of Pinellas County, Florida. The scarcity of industrial land of this size—combined with the level of renovation, functionality, and location—makes this offering virtually irreplaceable. Originally constructed in1987, the property has undergone a comprehensive interior and exterior renovation completed in 2025/2026 and is now vacant and ready for immediate occupancy. Improvements include new roofs, fully rewrapped exterior metal construction, and complete interior upgrades throughout both warehouse buildings. The site offers two points of ingress and egress, providing excellent circulation and maneuverability for large semi-trucks—an increasingly rare feature within Pinellas County. The property will be equipped with below-ground 3-phase power and is on city water and sewer, and both warehouse buildings are fully insulated and fully fire-sprinklered, offering an impressive 22-foot clear height. The two warehouse structures consist of:4,920 SF warehouse2,500 SF warehouse. Additionally, the property includes a 350 SF office space featuring brand-new air conditioning and a newly renovated bathroom, along with an additional bathroom located within the warehouse. While the property is located within a designated flood zone, it has not experienced flooding under current or prior ownership. Further reducing risk, the property benefits from a clean Phase I Environmental Site Assessment completed in Q4 2023. Opportunities of this caliber—combining location, land size, complete interior and exterior renovation, and true IOS functionality—are exceptionally rare in Pinellas County. This asset is ideally suited for an owner-user or investor seeking a high-quality IOS site in a market with little to no available supply.

Investment highlights

Brand New Roofs

Brand New HVAC

Brand New Bathrooms both Office & Warehouse

Five Brand New Roll Up Doors | 12’ W x 14’ H | 14’ W x 14’ H | 17’ W x 15’ H | 14’ W x 12’ H | 14’ W x 13’ H |

Brand New Asphalt Paving & Gravel

Brand New Fencing

22’ Clear Height For Both Buildings

Fully Fire Sprinklered

Listing Contacts

JD
FL SL3517817
Marcus & Millichap
Listed by Marcus & Millichap

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Additional Information

Name
James Defusto
License
SL3517817
Brokerage Phone
813-387-4784
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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