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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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