Freestanding Commercial Restaurant
11002 SEMINOLE BOULEVARD Largo, FL 33778
11002 SEMINOLE BOULEVARD, Largo, FL, 33778
$900,000
For Sale
$900,000
Freestanding commercial building on a high-visibility boulevard, with flexible space suited for restaurant, retail, or office use.
Property Size3,766 SF
Lot Size0.42 Acres
Price / SF$238.98
Days on Market21
Property Features for 11002 SEMINOLE BOULEVARD
General Information
- Standard status
- Active
- Size
- 3,766 SF
- Lot size
- 0.42 Acres
- Property subtype
- Restaurant
Building Details
- Year Built
- 1958
Listing agency
LPT REALTY, LLC
(877) 366-2213
Listed by
Holly DiMemmo · License #3490452
Source
Endlesssummerrealty
Added: Jul 2 Updated: Jul 21 at 11:08PM Checked: Jul 21 at 11:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT REALTY, LLC
Investment Insights
Based on property information with market context.
This freestanding commercial property includes a 3,766-square-foot building on approximately 0.42 acres. The space is described as versatile and is well-suited for a restaurant, retail business, or professional offices, supporting a range of commercial operating needs.
The property is positioned on high-visibility Seminole Boulevard in Largo, with access and visibility tied to a busy corridor. Public remarks also note proximity to Gulf beaches, established neighborhoods, shopping, and major thoroughfares.
For owners and investors, the asset is presented as an adaptable commercial location centered on boulevard exposure and convenient access for daily customers and traffic passing through the area.
The property is positioned on high-visibility Seminole Boulevard in Largo, with access and visibility tied to a busy corridor. Public remarks also note proximity to Gulf beaches, established neighborhoods, shopping, and major thoroughfares.
For owners and investors, the asset is presented as an adaptable commercial location centered on boulevard exposure and convenient access for daily customers and traffic passing through the area.
Key Highlights
- Freestanding commercial building built in 1958 with 3,766 SF of versatile space
- Approximately 0.42‑acre property with frontage/visibility on Seminole Boulevard
- Flexible layout suited for restaurant, retail business, or professional office use
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.7k | $15.60 |
| − Vacancy | −$2.9k | −$0.78 |
| EGI | $55.8k | $14.82 |
| − OpEx | −$14.0k | −$3.70 |
| NOI | $41.9k | $11.11 |
3,766 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$598.0K
$523.2K – $697.7K
NOI $41,859 @ 7.0% cap · market cap 4.65%
Second Best
Retail
$528.2K
$462.2K – $616.2K
NOI $36,973 @ 7.0% cap · market cap 4.11%
Theoretical Best
Office A
$979.6K
$857.1K – $1.14M
NOI $68,570 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
iThai & Sushi
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Freestanding commercial building on a high-visibility boulevard, with flexible space suited for restaurant, retail, or office use.
Where is this conventional restaurant located?
The property is located at 11002 SEMINOLE BOULEVARD Largo, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Freestanding commercial building built in 1958 with 3,766 SF of versatile space; Approximately 0.42‑acre property with frontage/visibility on Seminole Boulevard; Flexible layout suited for restaurant, retail business, or professional office use
