2240 Belleair RdClearwater, FL 33764

Property Details for 2240 Belleair Rd

Year built

1987

Construction

CONCRETE BLOCKS

Lot size

2.08 AC

Property size (Sq ft)

35,536 SF

Property type

Office properties

Property subtype

Office buildings

APN

19-29-16-00000-330-1100

APU

192916000003301100

Description

This Clearwater, Florida office building offers 10,500 square feet of vacant space in a Class B, two-story building constructed in 1987 and renovated in 2020. Located at 2240 Belleair Rd, at the intersection of Belleair and Belcher Roads, the property features 34,613 total square feet, with units ranging from a minimum of 3,200 square feet to a maximum contiguous space of 4,700 square feet. The building boasts 112 parking spaces, 3-phase power, and elevators. The 2.08-acre lot is zoned for commercial office use and offers a 9.5-foot ceiling height. Amenities include updated restrooms, carpets, and roof. The property is suitable for various uses, including traditional office, creative office, coworking, and executive office spaces. Its location in the Clearwater/Largo submarket provides easy access and ample parking for employees and clients. The property is ideal for businesses seeking flexible and modern office space in a well-maintained building. The building's versatile layout can accommodate a range of business needs, from call centers and flex spaces to law firms and CPA offices.

• CAP approach

  CAP return

  Valuation

  6%

  $6,927,671

  6.5%

  $6,394,774

  7%

  $5,938,004

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,918,910

  Geo Method

  $3,918,910

• Alternative Use

  Use

  Valuation

  Residential

  $7,929,519

  Hospitality

  $7,263,396

  Educational

  $6,043,061

  Medical

  $6,250,891

  Retail

  $9,400,317

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Latitude

27.939

Longitude

-82.7445

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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