Medical Office with Private
For Sale
$599,000
12574 INDIAN ROCKS Road, Largo, FL 33774
Commercial Sale, LARGO, FL
Property Size1,526 SF
Lot Size0.23 Acres
Price / SF$392.53
Days on Market18
Property Features for 12574 INDIAN ROCKS Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R/OG
Subdivision
INDIAN OAKS GARDENS
Directions
From Walsingham Rd Turn right onto Property located road, continue straight then turn left into destination, Property is located across from the Gulf Bistro.
Standard status
Active
APN
07-30-15-42732-001-0040
Size
1,526 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
INDIAN OAKS GARDENS BLK A, LOT 4
Tax Annual Amount
4244
Legal Description
INDIAN OAKS GARDENS BLK A, LOT 4
Utilities
Cooling system
Central Air
Building Details
Year built
1952
Floors in Building
1
Building materials
HardiPlank Type, Stucco
Listing Agency:
EXP REALTY LLC
(888) 883-8509
Listed By:
Tanner Tillung · License #3373651
(727) 479-4548
Added: Sep 29
Changed: Oct 15
Last Checked: Oct 16 at 7:06AM
MLS# TB8553534
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,526-square-foot medical office occupies a 0.23-acre parcel and was built in 1952. The interior includes a reception and waiting area, six private offices or treatment rooms, a restroom, and storage. Construction materials include HardiPlank and stucco, with central air conditioning. The property is zoned R/OG and is located in Flood Zone X.
Indian Rocks Road frontage places the property along a corridor with approximately 12,900 vehicles passing daily. The site is in Largo, within Pinellas County, and near residential areas, businesses, shopping, dining, and Gulf beaches. On-site parking serves the building.
Indian Rocks Road frontage places the property along a corridor with approximately 12,900 vehicles passing daily. The site is in Largo, within Pinellas County, and near residential areas, businesses, shopping, dining, and Gulf beaches. On-site parking serves the building.
Key Highlights
- 1,526 square feet on a 0.23‑acre parcel
- Six private offices or treatment rooms, plus reception and waiting areas
- Indian Rocks Road frontage; approximately 12,900 vehicles daily
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,693
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,860
$473.9K
Cap Rate 7%
$338,471
$338.5K
Cap Rate 9%
$263,256
$263.3K
Market Conditions
NOI Build-Up for 1,526 SF
Gross rent
$39.7K $26.04/SF
− Vacancy
−$8.1K −$5.34/SF
EGI
$31.6K $20.70/SF
− OpEx
−$7.9K −$5.18/SF
NOI
$23.7K $15.53/SF
Area
Pinellas County, FL
Vacancy
20.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$473,860
Cap Rate 7%
$338,471
Cap Rate 9%
$263,256
Alternative Uses
Best Use
Office B
$338.5K
$296.2K – $394.9K
NOI $23,693 @ 7.0% cap · market cap 3.96%
Second Best
Healthcare Medical
$201.1K
$175.9K – $234.6K
NOI $14,075 @ 7.0% cap · market cap 2.35%
Theoretical Best
Office A
$396.9K
$347.3K – $463.1K
NOI $27,785 @ 7.0% cap · market cap 4.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
624
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33774, FL
18,145
Population
10,388
Households
1.7
Avg Household Size
51
Median Age
28%
College-Educated
93%
High-School Grad
4.6 sq mi
ZIP Area
3,945
Density / Sq Mi
$76,769
Median Household Income
$41,936
Median Earnings
$1,498
Median Rent
$315,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Jourdenais Stephanie DVM — 13902 Walsingham Rd, Largo, FL 33774
- Animal Hospital of Largo — 13902 Walsingham Rd, Largo, FL 33774
- Hope and Love Veterinary Hospital — 14308 Walsingham Rd, Largo, FL 33774
- Indian Rocks Beach Animal Hospital — 12712 Indian Rocks Rd, Largo, FL 33774
- All Cats Hospital — 2069 Indian Rocks Rd, Largo, FL 33774
Frequently Asked Questions
What type of property is this?
Medical Office Space - A compact professional layout includes dedicated rooms, reception space, storage, and on-site parking.
Where is this medical office space located?
The property is located at 12574 INDIAN ROCKS Road Largo, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1,526 square feet on a 0.23‑acre parcel; Six private offices or treatment rooms, plus reception and waiting areas; Indian Rocks Road frontage; approximately 12,900 vehicles daily
