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4451 Eighth Avenue South
SOLD

Maschmeyer Concrete Co. Acquires 4.13-Acre Industrial Site In St. Petersburg For $5M

4451 Eighth Avenue South

Industrial
23,225 SF
clock iconSold 324 days ago
Kori Billings
Shane Billings
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Summary

Sale
FLORIDA
Industrial
23,225 sqft

A 4.13-acre industrial property located at 4451 Eighth Avenue South in St. Petersburg has been sold to Maschmeyer Concrete Co. for a total of $5 million. The property was previously owned by STABIL Concrete Products and will now be utilized as a concrete batch plant by Maschmeyer. This sizable property offers ample space for the industrial activities planned by the new owner.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $5,000,000
  • Square Footage: 23,225 SF
  • Price Per Square Foot: $215
  • Address: 4451 Eighth Avenue South, St. Petersburg
  • Market: St. Petersburg

The deal was facilitated by brokers Kori Billings and Shane Billings from Bridgewater Commercial Real Estate. Their expertise and negotiation skills helped secure a favorable transaction for both the buyer, Maschmeyer Concrete Co., and the seller, STABIL Concrete Products.

Players

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    3

  • Agents

    2

  • Agencies

    1

Kori Billings's profile picture
Kori Billings
Bridgewater Commercial Real Estate-image
Commercial Associate
$5M Sold

Details

Deal Summary
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SOLD
IMAGE: Shane Billings & Kori Billings DATE: 07/11/2023 ADDRESS: 4451 Eighth Avenue South MARKET: St. Petersburg ASSET TYPE: Industrial ~ ACRES: 4.13 BUYER: Maschmeyer Concrete Co. SELLER: STABIL Concrete Products BROKERS: Kori Billings & Shane Billings - Bridgewater Commercial Real Estate SALE PRICE: $5,000,000 SF: 23,225 ~ PPSF: $215 NOTE: A St. Petersburg industrial property was sold to Maschmeyer Concrete Co. for $5 million. The 4.13-acre site, previously owned by STABIL Concrete Products, will be used as a concrete batch plant by Maschmeyer.

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Address4451 Eighth Avenue South

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