554 Clearwater Largo RdLargo, FL 33770

Property Details for 554 Clearwater Largo Rd

Year built

1957

Construction

CONCRETE BLOCKS

Lot size

0.43 AC

Property size (Sq ft)

3,470 SF

Property type

Investment properties

Property subtype

Live-work space

APN

34-29-15-49158-001-0010

APU

342915491580010010

Description

This exceptional retail opportunity is located at 554 Clearwater Largo Rd, Largo, FL 33770, within the Mid-Pinellas submarket of Pinellas County. The property, known as Lakeview Village, is a single-story, Class C building constructed in 1957, offering a total of 10,149 square feet. Currently, 1,560 square feet of retail space is available for lease. This space is ideally suited for a variety of retail uses, previously occupied as a hair salon, offering convenient right-in/right-out access from Clearwater Largo Road. The property boasts excellent visibility with over 17,200 average annual daily traffic (AADT) on a major thoroughfare. The location benefits from a strong daytime population, with over 95,326 people residing within a 3-mile radius and approximately 112,685 households within a 5-mile radius. The property sits on a 0.34-acre lot and includes ample parking, with a ratio of 1.97 spaces per 1,000 square feet. The zoning is CG, Largo, and the APN is 34-29-15-49158-001-0010. Tenant signage is available on a pylon sign. This is a prime location for businesses seeking high visibility and access to a substantial customer base.

• CAP approach

  CAP return

  Valuation

  6%

  $760,284

  6.5%

  $701,800

  7%

  $651,672

• Comparable approach

  Method

  Valuation

  Relative Method

  $390,325

  Geo Method

  $390,325

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,330,670

  Retail / Commercial

  $694,618

  Hospitality / Lodging

  $527,464

  Office

  $707,691

  Institutional / Educational

  $733,042

  Residential Income

  $857,659

  Multifamily

  $975,084

  Automotive / Energy

  $628,321

  Parking / Income-Based Land

  $207,284

  Restaurant / Food Service

  $385,625

  Healthcare / Senior Housing

  $709,778

Location Insight

City

Largo

County

Pinellas

State

Florida

Latitude

27.9218

Longitude

-82.7959

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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