James Medefind Acquires Industrial Property From Len McCue In Pinellas Park For $2.7M
82nd Avenue
$2,700,000
$106/SF
Building Size
25,309 SF
Asset Type
Industrial
Closing
Jul 29, 2026
AI
The property involved in this transaction is an industrial asset located at 6301 North 82nd Avenue in the Pinellas Park market. The transaction was completed at a sale price of $2,700,000, covering a total square footage of 25,309, which breaks down to a price per square foot of $106.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $2,700,000
- Square Footage: 25,309
- Price Per Square Foot: $106
- Buyer: James Medefind
- Seller: Len Mccue
- Broker: Nick Watson - Matthews
- Date of Transaction: 07/29/2026
- Address: 6301 North 82nd Avenue
- Market: Pinellas Park
The deal was orchestrated by Nick Watson, who represented the broker Matthews in this transaction, facilitating the sale between James Medefind, the buyer, and Len Mccue, the seller. The specifics of this transaction highlight key players in the industrial real estate market within the Pinellas Park region.
Pinellas Park Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93