Developer Sales
Race Track Rd Storage Condos
Project facts
- Status
- Pre-Development
- Address
- 180 Race Track Rd N
- City
- Oldsmar, Florida
- Region
- Tampa MSA
- Submarket
- St. Petersburg; Clearwater
- Units
- 40
- Average unit size
- 1,250 SF
- Amenity tier
- Standard
- Key amenities
- Private Bathrooms, 14'+ Roll-Up Doors, Climate Control, Mezzanine Capabilities, Fire Sprinklers, Gated Access & Security
- Construction
- Block
- Finish level
- Basic
- Flood zone
- X
Location Summary
Oldsmar Overview
Race Track Rd Storage Condos sits at 180 Race Track Rd N in Oldsmar, on the northern seam where Pinellas County meets the Hillsborough and Tampa line. The immediate trade area is an established, low-density band of single-family neighborhoods, boat-owning households, and light-industrial office parks strung along the Tampa Rd and Race Track Rd corridor, one of the few north Pinellas arteries feeding directly onto the Veterans Expressway / SR 589. That expressway ramp places the site roughly 15 miles and 20 to 25 minutes from Tampa International Airport, and within a short drive of the Safety Harbor and Countryside waterfront-and-retail districts.
Florida levies no state income tax, and the Tampa to St. Petersburg to Clearwater metro of about 3.4 million residents continues to post one of the state's strongest in-migration flows. Oldsmar itself is small and affluent-adjacent, anchoring a business park that has become a magnet for national headquarters and back-office consolidation, which sustains weekday daytime population and drive-by exposure well above what the resident count of roughly 15,000 would suggest.
The corridor's character is unusually enthusiast-friendly: it is bracketed by a thoroughbred racetrack, a boating-headquarters campus, and the Upper Tampa Bay Trail, giving the site a recreation-and-collector orientation that maps closely to the buyer profile.
Current Events & Infrastructure
- MarineMax global headquarters relocation: The world's largest boat and yacht retailer moved its corporate headquarters into the Oldsmar business park at 502 Brooker Creek Blvd in late 2024, reporting fiscal-2024 revenue of $2.43 billion for the year ended September 30, 2024.
- Countryside Mall reinvestment: A new Launch entertainment center opened in early 2025 in a 24,449-square-foot space under a $2.5 million remodel, part of continued reinvestment at the Countryside retail node about 5 miles west.
Key Demand Drivers
Demand is driven by a dense cluster of high-value institutional and enthusiast anchors within a short drive of the site, each generating affluent daytime traffic and a resident base inclined toward premium vehicle and vessel ownership.
- Tampa Bay Downs (adjacent, about 2 miles east on Race Track Rd): Florida's only remaining thoroughbred track and the road's namesake reported all-sources handle of about $361.5 million and total purses of roughly $21.9 million for its meet, with live-meet daily attendance rising 10.6 percent in the following centennial season.
- MarineMax world headquarters (about 3 miles, under 10 minutes): The publicly traded (NYSE: HZO) boat and yacht retailer anchors the Oldsmar office park with $2.43 billion in fiscal-2024 revenue, reinforcing the corridor's boating-and-collector demographic.
- BayCare Mease Countryside Hospital (about 5 miles south): The 387-bed acute-care hospital completed its $156 million Bilheimer Tower expansion, lifting private-room share to 82 percent and cementing the largest healthcare employment node in the immediate trade area.
- Nielsen Oldsmar campus (about 3 miles): The research firm's $80 million Oldsmar complex serves as a regional operations hub and helped draw MarineMax and other headquarters tenants into the same office park.
- Countryside / Launch entertainment node (about 5 miles west): The $2.5 million, 24,449-square-foot Launch center opened in early 2025, adding to the retail and leisure draw along the SR 580 and US 19 corridor.
Location Highlights
- MSA Position: Northern Pinellas anchor point on the Tampa Rd and Race Track Rd corridor, with direct Veterans Expressway / SR 589 access and a 20 to 25 minute reach to Tampa International Airport.
- Enthusiast / Collector Culture: Bracketed by Tampa Bay Downs about 2 miles east and the MarineMax global boating headquarters about 3 miles away, with Gulf and Tampa Bay boating access minutes from the site.
- Infrastructure & Recreation: The 7.25-mile paved Upper Tampa Bay Trail runs along the Veterans Expressway corridor near the site, connecting onward to the Suncoast Trail via a 4.3-mile segment.
- Market-Specific Factor: The St. Petersburg to Clearwater (Pinellas) corridor is the region's densest concentration of waterfront wealth and its most transaction-active submarket, with a trailing-twelve-month median near $352 per square foot and a roughly 16.6 percent one-year gain.
- Tax & Quality of Life: No state income tax, mild year-round climate, and a mature north-Pinellas residential base with median age 48.3 and 40.5 percent of residents age 55 and older within 5 miles.
- High Net Worth Concentration: Roughly 3,136 households earn $200K or more within 3 miles, rising to 9,952 within 5 miles and 17,326 within 7 miles, an unusually deep affluent base for a standard-tier product.
Area Demographics (ACS 2024)
5-Mile Profile: Population 148,808 | Median HH Income $89,781 | HH Earning $150K+ 25.6% | Median Age 48.3 | Age 55+ 40.5% | Seasonal Units 4.8% | Households with 3+ Vehicles 14.5% | YoY Population Growth not reported (ACS 2024)
Wealth Index: 6.9 / 10 (SCK portfolio-relative)