3690 Bay DrLargo, FL 33771

  • Retail properties
  • 38,732 SF
For Lease

Property Details for 3690 Bay Dr

Year built
1986
Construction
CONCRETE BLOCKS
Lot size
3.69 AC
Property size (Sq ft)
38,732 SF
Property type
Retail properties
Property subtype
Strip malls
APN
36-29-15-14745-001-0020
APU
362915147450010020

Description

This exceptional retail opportunity is located at 3690 E Bay Dr in Largo, Florida, Pinellas County, zip code 33771. The property, known as Largo Town Square, offers a total of 6,095 square feet of vacant retail space, perfect for multiple tenants. Currently, there are four available spaces, ranging in size from a minimum of 875 square feet to a maximum contiguous space of 2,820 square feet. This presents a unique chance for businesses seeking flexible and adaptable spaces to suit their individual needs. The property's location in Largo provides excellent visibility and accessibility, making it an ideal spot to establish or expand a retail presence. The address is easily accessible from major roadways, ensuring high traffic flow and customer convenience. The building is situated in Pinellas County, a thriving area with a strong local economy and a diverse population. This is a rare opportunity to secure prime retail space in a desirable location. The entire 6,095 square feet is currently vacant, allowing for a single large tenant or multiple smaller businesses to occupy the space. Interested parties are encouraged to inquire about lease terms and availability. The property is categorized as commercial retail with multiple tenancy options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,099,565
    6.5%
    $10,245,753
    7%
    $9,513,913
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,763,840
    Geo Method
    $10,763,840
  • Alternative Use

    Use
    Valuation
    Residential
    $8,642,676
    Hospitality
    $7,916,644
    Educational
    $6,586,556
    Medical
    $6,813,077
    Retail
    $10,245,753
3690 Bay Dr, Largo, Florida

Location Insight

City
Largo
County
Pinellas
State
Florida
Latitude
27.9172
Longitude
-82.749
CBSA code
45300
CBSA name
TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$133,891
-
-
$7,080,000
-
$3,363,874
$3,716,126
$7,080,000

FAQs

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