12477 66Th StLargo, FL 33773

Property Details for 12477 66Th St

Year built

1991

Construction

CONCRETE BLOCKS

Lot size

0.67 AC

Property size (Sq ft)

5,080 SF

Property type

Auto shops

APN

08-30-16-72702-002-0010

APU

83016727020020010

Description

This Largo, Florida industrial property, a 5,080-square-foot warehouse built in 1991, presents a unique investment opportunity. Situated on 6.7 acres of land, this single-tenant building boasts a 15-foot ceiling height, ideal for various uses. The property features eight drive-in bays, each equipped with roll-up doors, providing ample access for vehicles. Two self-contained offices, each with a waiting area, bathroom, and a 500-square-foot loft for storage or additional office space, offer flexibility. Additional employee bathrooms are conveniently located on either side of the garage. The layout allows for potential division into two separate business spaces. Over 50 parking spaces cater to ample guest or storage needs. The corner location on 66th Street N in Largo, FL 33773 (27.8851626, -82.7284489) ensures high visibility and easy access, complemented by mature landscaping. The building's western exposure helps maintain a cooler interior. The property benefits from high daily traffic volume, exceeding 43,000 vehicles. The C-3 zoning allows for a variety of commercial uses. This high and dry property sustained no hurricane damage. The property is centrally located with easy access to St. Petersburg, Clearwater, and Tampa.

• CAP approach

  CAP return

  Valuation

  6%

  $1,455,794

  6.5%

  $1,343,809

  7%

  $1,247,823

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,411,760

  Geo Method

  $1,411,760

• Alternative Use

  Use

  Valuation

  Residential

  $1,133,554

  Hospitality

  $1,038,329

  Educational

  $863,877

  Medical

  $893,588

  Retail

  $1,343,809

Location Insight

City

Largo

County

Pinellas

State

Florida

Latitude

27.8852

Longitude

-82.7284

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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