13787 Belcher RdLargo, FL 33771

Property Details for 13787 Belcher Rd

Year built

1984

Construction

CONCRETE BLOCKS

Lot size

2.41 AC

Property size (Sq ft)

8,015 SF

Property type

Office properties

Property subtype

Office buildings

APN

06-30-16-70938-300-0801

APU

63016709383000801

Description

This exceptional medical office building, situated on a 2.26-acre lot (98,668 sq ft) in Largo, Florida, offers three available suites ranging from 1,650 to 4,000 square feet. The 25,902 square foot building, constructed in 1984 and located at the intersection of Belcher Rd S & Ulmerton Rd (APN: 06-30-16-70938-300-0801), boasts a desirable location in a densely populated area of Pinellas County. The property features ample parking with 136 spaces (5.6 per 1,000 sq ft), exceeding the parking ratio of most comparable medical facilities. Recent significant improvements include the majority of HVAC systems replaced in 2022 and placed on roof stands to meet current code, and plumbing upgrades completed in 2019, including the installation of high-efficiency toilets and water heaters. The building enjoys high visibility due to pylon signage and benefits from a strong tenant mix, including internal medicine, family practice, an imaging center, and other medical professionals. The estimated CAM is $6.00 per square foot. Convenient access to US-19 and I-275 ensures easy commutes for patients and staff. This property presents a unique opportunity for medical professionals seeking a well-maintained, highly visible, and conveniently located office space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,562,508

  6.5%

  $1,442,315

  7%

  $1,339,292

• Comparable approach

  Method

  Valuation

  Relative Method

  $883,894

  Geo Method

  $883,894

• Alternative Use

  Use

  Valuation

  Residential

  $1,788,471

  Hospitality

  $1,638,230

  Educational

  $1,362,988

  Medical

  $1,409,863

  Retail

  $2,120,203

Location Insight

City

Largo

County

Pinellas

State

Florida

Latitude

27.8977

Longitude

-82.7446

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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