Retail Property on West Bay

1400 W BAY Dr, Largo, FL 33770

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For Sale

$1,340,000

Retail property on a corner lot with high frontage.

Type:Commercial

Property size:

7,250 SF

Lot size:

0.66 Acres

Price / SF:

$184/SF

We can help!

Contact an agent

Patrick Calhoon

Real Estate License ID: 3293399

HighLights

Prime corner lot location on desirable West Bay Drive.
Large 28,678 sq ft lot with 207 ft of frontage.
Zoned CG for Commercial General use.
Existing 7,250 sq ft fully air‑conditioned metal building.
Ongoing business relocating, presenting immediate opportunity.
Lit lot.

For Sale

$1,340,000

Retail property on a corner lot with high frontage.

Type:Commercial

Property size:

7,250 SF

Lot size:

0.66 Acres

Price / SF:

$184/SF

Added:: Mar 10, 2026
Days on Market:: 119
Last Refresh:: Jul 2 at 2:01 pm

Property Features for 1400 W BAY Dr

General Information

Standard status: Active
Size: 7,250 SF
Lot size: 0.66 Acres
Property subtype: Commercial

Building Details

Year Built: 1971

We can help!

Contact an agent

Patrick Calhoon

Listing office SMITH & ASSOCIATES REAL ESTATE

Listing date Mar 10, 2026

Source Elliman

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 SMITH & ASSOCIATES REAL ESTATE

HighLights

Prime corner lot location on desirable West Bay Drive.
Large 28,678 sq ft lot with 207 ft of frontage.
Zoned CG for Commercial General use.
Existing 7,250 sq ft fully air‑conditioned metal building.
Ongoing business relocating, presenting immediate opportunity.
Lit lot.

Overview

This retail property is located on West Bay Drive. The property includes a 7,250 square foot, fully air-conditioned metal building constructed in 1971. It is situated on a 28,678 square foot lit corner lot with 207 feet of frontage. The zoning is CG for Commercial General. An ongoing business currently operates at the location and will relocate upon sale. Viewings are by appointment only.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$108.8k	$15.00
− Vacancy	−$7.1k	−$0.98
EGI	$101.7k	$14.03
− OpEx	−$30.5k	−$4.21
NOI	$71.2k	$9.82

7,250 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.02M

$889.7K – $1.19M (±1% cap)

NOI $71,177 @ 7.0% cap · market cap 5.31%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.89M

$1.65M – $2.20M (±1% cap)

NOI $132,005 @ 7.0% cap · market cap 9.85%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Dr. Richard F. ... Physician Dr. Richard F. ... Physician Lakeside Occupational Medical ... Medical Clinic Concentra Urgent Care Physical Therapist Christine H. Bouchard, ... Physician

Suggested Use

Location Insight

Map
Local Demand

City: Largo
County: Pinellas
State: Florida
Longitude: -82.7722
Latitude: 27.9171

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For sale
Retail space
FL
Largo
33770
1400 W BAY Dr

What type of property is this?

Retail space - Retail property on a corner lot with high frontage.

Where is this retail space located?

The property is located at 1400 W BAY Dr Largo, FL.

What is the asking price?

The asking price for this property is $1,340,000.

What are key features of this property?

This property features: Prime corner lot location on desirable West Bay Drive.; Large 28,678 sq ft lot with 207 ft of frontage.; Zoned CG for Commercial General use.