Seminole Boulevard Retail/Office
For Sale
$425,000
11401 SEMINOLE BOULEVARD, Largo, FL 33778
High-visibility retail or office space with ample parking.
Property Size2,070 SF
Lot Size0.46 Acres
Price / SF$205.31
Days on Market546
Property Features for 11401 SEMINOLE BOULEVARD
General Information
Standard status
Active
Size
2,070 SF
Lot size
0.46 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1957
Listing Agency:
CENTURY 21 BEGGINS
(800) 541-9923
Listed By:
MICHAEL Reichenbach, LLC · License #3090000
(800) 541-9923
Source:
Exitrealty
Added: Feb 1, 2025
Changed: Jul 10
Last Checked: Jul 31 at 4:29AM
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 CENTURY 21 BEGGINS
Investment Insights
Based on property information with market context.
Located on Seminole Boulevard, this property offers high visibility and ample parking on a 19,600 square foot lot. The 2,070 square foot space is suitable for retail, office, or automotive sales. The property is located between Bryan Dairy and Ulmerton, in the heart of one of the county's main north-south corridors, with traffic counts between 34,000 and 36,000. Interior walls are exposed, allowing for flexible layout plans for open spaces or office configurations. Hurricane-grade windows are installed throughout the building. A 24 KW Generac generator is in place. A new roof was installed in November 2024 following storm damage. The property offers easy access to main thoroughfares and is available for immediate occupancy.
Key Highlights
- High‑visibility location on Seminole Blvd with ample parking
- Large 19,600 SF lot suitable for retail, office, or car lot
- New roof installed 11/2024
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 | $53.9k | $26.04 |
| − Vacancy | −$11.1k | −$5.34 |
| EGI | $42.9k | $20.70 |
| − OpEx | −$10.7k | −$5.18 |
| NOI | $32.1k | $15.53 |
2,070 SF · lease $26.04/SF/yr · vacancy 20.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$459.1K
$401.8K – $535.7K
NOI $32,140 @ 7.0% cap · market cap 7.56%
Second Best
Retail
$290.3K
$254.0K – $338.7K
NOI $20,322 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$538.4K
$471.1K – $628.2K
NOI $37,690 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,202
Businesses Nearby
Explore this area
Business Placement
Demographics for 33778, FL
15,068
Population
8,130
Households
1.9
Avg Household Size
51
Median Age
26%
College-Educated
92%
High-School Grad
3.8 sq mi
ZIP Area
3,965
Density / Sq Mi
$63,633
Median Household Income
$40,198
Median Earnings
$1,697
Median Rent
$267,800
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - High-visibility retail or office space with ample parking.
Where is this retail space located?
The property is located at 11401 SEMINOLE BOULEVARD Largo, FL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: High‑visibility location on Seminole Blvd with ample parking; Large 19,600 SF lot suitable for retail, office, or car lot; New roof installed 11/2024
