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2737 State Rd 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 Market214

Property Features for 2737 State Rd 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: Oct 26 Last Checked: Nov 1 at 5:18AM

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.

Rey
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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

Estimated NOI and Cap Rate

NOI / Yr
$36,197
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$723,940 $723.9K
Cap Rate 7%
$517,100 $517.1K
Cap Rate 9%
$402,189 $402.2K
Market Conditions
NOI Build-Up for 2,008 SF
Gross rent
$52.3K $26.04/SF
− Vacancy
−$4.0K −$2.01/SF
EGI
$48.3K $24.03/SF
− OpEx
−$12.1K −$6.01/SF
NOI
$36.2K $18.03/SF
Area
Clearwater, FL
Vacancy
7.70%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$723,940
Cap Rate 7%
$517,100
Cap Rate 9%
$402,189

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
—
—
no second resolved use
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. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Real Estate Agency

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

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 Rd 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 · Office Call to check price and availability
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