Air-Conditioned Corner Retail
1400 W Bay Drive Largo, FL 33770
1400 W Bay Drive, Largo, FL, 33770
$1,399,000
For Sale
$1,399,000
7,250-square-foot metal retail building on a lit corner lot with 207 feet of frontage, zoned CG.
Property Size7,250 SF
Lot Size0.66 Acres
Price / SF$192.97
Days on Market301
Property Features for 1400 W Bay Drive
General Information
- Standard status
- Active
- Size
- 7,250 SF
- Lot size
- 0.66 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1971
Listing agency
SMITH & ASSOCIATES REAL ESTATE
(727) 282-1788
Listed by
Chris Calhoon · License #3293399
Source
Xome
Added: Sep 24, 2025 Updated: Jul 20 at 6:26PM Checked: Jul 21 at 3:15AM
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 SMITH & ASSOCIATES REAL ESTATE
Investment Insights
Based on property information with market context.
This for-sale retail property features a 1971 metal building totaling 7,250 square feet and fully air conditioned. The site sits on a 28,678-square-foot lit corner lot with 207 feet of frontage, offering a prominent commercial presence.
The property is zoned CG for Commercial General. The ongoing business is still operating, but the seller will be relocating upon sale. Showings are available by appointment only and visitors are asked not to disturb employees.
The property is zoned CG for Commercial General. The ongoing business is still operating, but the seller will be relocating upon sale. Showings are available by appointment only and visitors are asked not to disturb employees.
Key Highlights
- 7,250‑square‑foot 1971 metal retail building fully air conditioned
- 28,678‑square‑foot lit corner lot with 207 feet of frontage
- Zoned CG for Commercial General
Local Financial Insights For 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 | $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
NOI $71,177 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M
NOI $132,005 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. Richard F. ...
Physician
Dr. Richard F. ...
Physician
Lakeside Occupational Medical ...
Medical Clinic
Concentra Urgent Care
Occupational Health Service
Christine H. Bouchard, ...
Physician
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FAQs
What type of property is this?
Storefront property - 7,250-square-foot metal retail building on a lit corner lot with 207 feet of frontage, zoned CG.
Where is this storefront property located?
The property is located at 1400 W Bay Drive Largo, FL.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 7,250‑square‑foot 1971 metal retail building fully air conditioned; 28,678‑square‑foot lit corner lot with 207 feet of frontage; Zoned CG for Commercial General
