THE STRATEGIC OPPORTUNITY: 148,000 SF INFILL "BLANK CANVAS" 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 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 population of St. Petersburg and the Beach Cities. * 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, 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.