7949 Ulmerton RdLargo, FL 33771

  • Retail properties
  • 2,736 SF
For Sale
$725,000 View listing

Property Details for 7949 Ulmerton Rd

Year built
1957
Construction
FRAME
Lot size
0.11 AC
Property size (Sq ft)
2,736 SF
Property type
Retail properties
Property subtype
Retail space
APN
01-30-15-18126-001-0070
APU
13015181260010070

Description

This 2,736 sq ft mixed-use building in Largo, FL, is available for sale at $725,000. Located on busy Ulmerton Road (47,000+ vehicles daily), this renovated property boasts a new metal roof (50-year warranty), hurricane impact doors and windows, and updated interiors. The building features 1,800 sq ft of ground floor space suitable for retail, office, or showroom use, plus a 936 sq ft second floor with three offices accessible via a separate rear entrance, offering potential for separate leasing. Recent renovations include a new kitchen, flooring, and shower. The property sits on a 5-acre lot and is zoned for commercial use, offering flexibility for various business types. The building's excellent visibility and high traffic location provide significant exposure. A large-capacity electrical sign is also included. The property is vacant and ready for immediate occupancy. Built in 1957 and extensively renovated in 2023-2024, this Class B building presents a unique owner-user or investment opportunity. Showings are by appointment only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $784,065
    6.5%
    $723,752
    7%
    $672,056
  • Comparable approach

    Method
    Valuation
    Relative Method
    $760,350
    Geo Method
    $760,350
  • Alternative Use

    Use
    Valuation
    Residential
    $610,512
    Hospitality
    $559,226
    Educational
    $465,269
    Medical
    $481,271
    Retail
    $723,752
7949 Ulmerton Rd, Largo, Florida

Location Insight

City
Largo
County
Pinellas
State
Florida
Latitude
27.8947
Longitude
-82.7488
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
$4,695
-
-
$250,000
-
$99,847
$150,153
$250,000

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