Multi-Building Commercial Compound with CG
For Sale
$1,399,900
11151 66TH Street, Largo, FL 33773
Four-building commercial compound offers flexible occupancy, parking, and storage options on a CG-zoned Largo site.
Property Size7,722 SF
Lot Size0.85 Acres
Price / SF$181.29
Days on Market132
Property Features for 11151 66TH Street
General Information
Standard status
Active
Size
7,722 SF
Lot size
0.85 Acres
Property subtype
Commercial
Zoning
CG
Building Details
Year Built
1953
Buildings
4
Building Size
7,722 SF
Listing Agency:
PROTECH COMMERCIAL REALTY,LLC
(813) 995-5544
Listed By:
Michael Bruni
Source:
Realtygroupfl
Added: Mar 22
Changed: Jul 31
Last Checked: Jul 31 at 7:15AM
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 PROTECH COMMERCIAL REALTY,LLC
Investment Insights
Based on property information with market context.
This four-building commercial compound includes a flexible multi-building layout designed to support owner-user occupancy while creating room for additional income from supplemental structures. Unit 202 and Unit 301 are each available for lease, supporting phased or multi-tenant operations, along with parking and storage capabilities for day-to-day business use.
The property totals 7,722± heated SF on an 0.85± acre site in an established Largo commercial corridor in central Pinellas. Flexible usage is provided through CG zoning.
Built in 1953, the campus-style configuration can be a practical fit for service and contractor-style businesses needing office and yard or storage, as well as smaller medical, therapy, wellness, school, daycare, nonprofit, or training users. It also aligns with redeveloper or repositioning concepts where additional structures can support changing occupancy needs over time.
The property totals 7,722± heated SF on an 0.85± acre site in an established Largo commercial corridor in central Pinellas. Flexible usage is provided through CG zoning.
Built in 1953, the campus-style configuration can be a practical fit for service and contractor-style businesses needing office and yard or storage, as well as smaller medical, therapy, wellness, school, daycare, nonprofit, or training users. It also aligns with redeveloper or repositioning concepts where additional structures can support changing occupancy needs over time.
Key Highlights
- Four buildings totaling 7,722± heated SF
- 0.85± acre commercial compound site
- Unit 202: 1,000 SF available for lease
Financial Insights For Office B
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 | $201.1k | $26.04 |
| − Vacancy | −$41.2k | −$5.34 |
| EGI | $159.9k | $20.70 |
| − OpEx | −$40.0k | −$5.18 |
| NOI | $119.9k | $15.53 |
7,722 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.71M
$1.50M – $2.00M
NOI $119,894 @ 7.0% cap · market cap 8.56%
Second Best
Healthcare Medical
$1.02M
$890.3K – $1.19M
NOI $71,222 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,599 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,187
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33773, FL
17,494
Population
8,353
Households
2.1
Avg Household Size
48
Median Age
31%
College-Educated
91%
High-School Grad
5.1 sq mi
ZIP Area
3,430
Density / Sq Mi
$74,115
Median Household Income
$46,759
Median Earnings
$1,567
Median Rent
$280,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Heart Wisdom Acupuncture and Oriental Medicine — 12360 66th St N, Largo, FL 33773
- AcuVeterans, Inc. — 12360 66th St N W, Largo, FL 33773
- David Chambers — 12360 66th St N W, Largo, FL 33773
- Burke Integrative Health & Wellness, LLC — 11380 66th St N Suite 139, Largo, FL 33773
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Four-building commercial compound offers flexible occupancy, parking, and storage options on a CG-zoned Largo site.
Where is this spa & wellness property located?
The property is located at 11151 66TH Street Largo, FL.
What is the asking price?
The asking price for this property is $1,399,900.
What are key features of this property?
This property features: Four buildings totaling 7,722± heated SF; 0.85± acre commercial compound site; Unit 202: 1,000 SF available for lease
