Freestanding Office
321 S LINCOLN Avenue, Clearwater, FL 33756
For Sale
New
$350,000
Commercial Sale, CLEARWATER, FL
Property Size2,059 SF
Lot Size0.17 Acres
Price / SF$169.99
Days on Market6
Property Features for 321 S LINCOLN Avenue
General Information
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Property subtype
Appliances
Subdivision
Lot features
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Special listing conditions
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
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Tax Annual Amount
Legal Description
Utilities
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Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Buildings
Listing Agency:
COLDWELL BANKER REALTY
(727) 781-3700
Listed By:
Steven Doran · License FL #3130845
(813) 317-5711
Added: Nov 7
Changed: Nov 12
Last Checked: Nov 12 at 10:06AM
MLS# TB8563927
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 freestanding office property contains 2,059 square feet within a 0.17-acre parcel. Built in 1957 with block construction, the building has 10 rooms, a kitchen area, two bathrooms, and storage. Central air conditioning and electric heat serve the interior. The shingle roof was replaced in 2025, and the exterior has been freshly painted.
The property occupies a corner location near Hwy 60, Court St, and Gulf To Bay. Private off-street parking accommodates 10 cars. Public water and sewer serve the site.
The property occupies a corner location near Hwy 60, Court St, and Gulf To Bay. Private off-street parking accommodates 10 cars. Public water and sewer serve the site.
Key Highlights
- 2,059‑square‑foot office building on a 0.17‑acre parcel
- 10 rooms, kitchen area, two bathrooms, and storage
- Private off‑street parking for 10 cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,129
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$542,580
$542.6K
Cap Rate 7%
$387,557
$387.6K
Cap Rate 9%
$301,433
$301.4K
Market Conditions
NOI Build-Up for 2,059 SF
Gross rent
$49.4K $24.00/SF
− Vacancy
−$4.2K −$2.04/SF
EGI
$45.2K $21.96/SF
− OpEx
−$18.1K −$8.78/SF
NOI
$27.1K $13.18/SF
Area
Clearwater, FL
Vacancy
8.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$542,580
Cap Rate 7%
$387,557
Cap Rate 9%
$301,433
Alternative Uses
Best Use
Office B
$530.2K
$464.0K – $618.6K
NOI $37,116 @ 7.0% cap · market cap 10.60%
Second Best
Healthcare Medical
$387.6K
$339.1K – $452.2K
NOI $27,129 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$577.7K
$505.5K – $674.0K
NOI $40,437 @ 7.0% cap · market cap 11.55%
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
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,901
Businesses Nearby
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Business Placement
Demographics for 33756, FL
31,807
Population
15,474
Households
2.1
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
7.2 sq mi
ZIP Area
4,418
Density / Sq Mi
$63,990
Median Household Income
$38,563
Median Earnings
$1,382
Median Rent
$335,800
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Clearwater, FL
Properties on Market for Office buildings in Clearwater
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Ten rooms, a kitchen, two bathrooms, storage, and private off-street parking support a range of office configurations.
Where is this office building located?
The property is located at 321 S LINCOLN Avenue Clearwater, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,059‑square‑foot office building on a 0.17‑acre parcel; 10 rooms, kitchen area, two bathrooms, and storage; Private off‑street parking for 10 cars
