1479 Belcher RdLargo, FL 33771

  • Retail properties
  • 32,000 SF
For Lease
$12/SF/YR View listing

Property Details for 1479 Belcher Rd

Year built
1982
Construction
CONCRETE BLOCKS
Lot size
4.71 AC
Property size (Sq ft)
32,000 SF
Property type
Retail properties
Property subtype
Strip malls
APN
06-30-16-70938-200-0901
APU
63016709382000901

Description

This Largo, Florida retail center, located at 1479 S Belcher Rd (APN 06-30-16-70938-200-0901), offers three vacant 1,000 square foot retail spaces within a larger 32,000 square foot building. Built in 1982 and renovated in 1997, the property boasts excellent visibility due to its prominent location and large pylon signage. The single-story building features ample parking with 200 spaces, providing a generous 6.25 parking ratio. The zoning is CG, Largo. Each unit is easily accessible and benefits from the high traffic volume of Belcher Road. The property is conveniently located near the intersection of Belcher Road and a cross street, approximately 701 feet away. This presents a unique opportunity for businesses seeking high-visibility retail space in a thriving Largo community. The property is zoned for commercial general use, offering flexibility for a variety of retail businesses. The available spaces are ideal for smaller businesses or startups looking for a well-maintained and easily accessible location. With its convenient location, ample parking, and strong visibility, this property represents a compelling investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,170,353
    6.5%
    $8,464,941
    7%
    $7,860,302
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,892,979
    Geo Method
    $8,892,979
  • Alternative Use

    Use
    Valuation
    Residential
    $7,140,494
    Hospitality
    $6,540,654
    Educational
    $5,441,748
    Medical
    $5,628,898
    Retail
    $8,464,941
1479 Belcher Rd, Largo, Florida

Location Insight

City
Largo
County
Pinellas
State
Florida
Latitude
27.9029
Longitude
-82.7449
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
$50,668
-
-
$2,705,000
-
$1,254,503
$1,450,497
$2,705,000

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