12950 Starkey RdLargo, FL 33773

Property Details for 12950 Starkey Rd

Year built

1972

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.84 AC

Property size (Sq ft)

4,802 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

11-30-15-70524-100-1700

APU

113015705241001700

Description

This exceptional 17,765 square foot mixed-use property in Largo, FL, sits on a 1.84-acre lot and presents a unique investment opportunity. The property boasts a 90' x 49' retail space currently leased to a long-term tenant, providing immediate income potential and high visibility on a major thoroughfare. A substantial 50' x 240' warehouse area, featuring 10 bays, is also currently leased, offering ample space for storage, distribution, or manufacturing. The property includes open-air storage, ideal for additional inventory or equipment. Ample parking is available for both customers and staff. Convenient access to major highways and transportation routes enhances its strategic location. This versatile property is perfect for expanding businesses or new ventures seeking a prime commercial space with diverse functionalities. The combination of retail and warehouse space, coupled with its high-traffic location and ample parking, makes this a rare and valuable opportunity in a sought-after area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,376,126

  6.5%

  $1,270,270

  7%

  $1,179,537

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,334,503

  Geo Method

  $1,334,503

• Alternative Use

  Use

  Valuation

  Residential

  $1,071,520

  Hospitality

  $981,507

  Educational

  $816,602

  Medical

  $844,686

  Retail

  $1,270,270

Location Insight

City

Largo

County

Pinellas

State

Florida

Latitude

27.8902

Longitude

-82.7632

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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