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2737 State Road 580, Clearwater, FL 33761

Lighted corner site with a 2,008± sf office building on four contiguous parcels, zoned general office.

Property Size2,008 SF
Lot Size0.68 Acres
Price / SF$432.77
Days on Market122

Property Features for 2737 State Road 580

General Information

Standard status Active
Size 2,008 SF
Lot size 0.68 Acres
Property subtype OFFICE
Zoning general office

Additional Details

Road Access Yes
Listing Agency: A.R.K. Property Solutions, Inc.
Listed By: Benjamin Kreloff
Source: Moodyscre
Added: Apr 2 Changed: Jul 27 Last Checked: Jul 31 at 9:38AM

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 A.R.K. Property Solutions, Inc.

Investment Insights

Based on property information with market context.

The property includes a 2,008± square foot office building situated on four contiguous parcels totaling approximately 0.68 acres. The site is positioned as a general office property and is also described as suitable for medical or professional office use, as well as future redevelopment.

The location is a lighted corner directly off SR 580, with quick access to McMullen Booth Road, providing strong visibility, access, and traffic exposure.

Zoned general office, this offering is presented as an owner-user or flexible future-use site with additional land on the same corner footprint.

Key Highlights

  • 2,008± SF office building on four contiguous parcels totaling approx. 0.68 acres
  • Lighted corner site directly off SR 580 with quick access to McMullen Booth Road
  • Zoned general office, suitable for owner‑user, medical, or professional office use

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 $52.3k $26.04
− Vacancy −$4.0k −$2.01
EGI $48.3k $24.03
− OpEx −$12.1k −$6.01
NOI $36.2k $18.03
2,008 SF · lease $26.04/SF/yr · vacancy 7.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$517.1K
$452.5K – $603.3K (±1% cap)
NOI $36,197 @ 7.0% cap · market cap 4.17%
Second Best
Healthcare Medical
$378.0K
$330.7K – $441.0K (±1% cap)
NOI $26,457 @ 7.0% cap · market cap 3.04%
Theoretical Best
Office A
$563.4K
$492.9K – $657.3K (±1% cap)
NOI $39,435 @ 7.0% cap · market cap 4.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Back and Neck Pain ... Alternative Medicine Practice Monte Venis Alternative Medicine Practice

Suggested Use

Top Pick Restaurant Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Building Supply Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

743
Businesses Nearby

Demographics for 33761, FL

18,761
Population
9,829
Households
1.9
Avg Household Size
54
Median Age
38%
College-Educated
94%
High-School Grad
5.1 sq mi
ZIP Area
3,679
Density / Sq Mi
$71,839
Median Household Income
$50,110
Median Earnings
$1,711
Median Rent
$271,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Lighted corner site with a 2,008± sf office building on four contiguous parcels, zoned general office.
Where is this office building located?
The property is located at 2737 State Road 580 Clearwater, FL.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: 2,008± SF office building on four contiguous parcels totaling approx. 0.68 acres; Lighted corner site directly off SR 580 with quick access to McMullen Booth Road; Zoned general office, suitable for owner‑user, medical, or professional office use
(727) 643-2314 Call to check price and availability
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