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Antique Alley Shopping Center
For Sale
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Pending

580 Indian Rocks Rd N, Belleair Bluffs, FL 33770

Established retail center with a varied mix of products and services.

Property Size12,448 SF
Days on Market205
Rey
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Property Features for 580 Indian Rocks Rd N

General Information

Standard status Pending
Size 12,448 SF
Property subtype Retail
Zoning ROR
Occupancy 100%
Lease Type Modified Gross
Investment Type Value Add
Net Operating Income $101,988

Building Details

Year Built 1951
Buildings 6
Stories 1
Units 19
Tenancy Multi
Listing Agency: Coldwell Banker Commercial Realty
Listed By: John Skicewicz · License #FL BK370679
Source: Crexi
Added: Mar 25 Changed: Oct 14 Last Checked: Oct 14 at 11:24PM

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 Coldwell Banker Commercial Realty

Investment Insights

Based on property information with market context.

Antique Alley is a 12,448-square-foot shopping center in Belleair Bluffs, Florida, with an established retail configuration and a diverse mix of products and services. The property was built in 1951 and has supported retail activity over multiple decades.

Located at 580 Indian Rocks Rd N, the center carries the ROR zoning designation. Its tenant mix is characterized by offerings that are distinctive and not commonly found in conventional retail settings, giving the property a recognizable specialty-retail identity.

Key Highlights

  • 12,448‑square‑foot shopping center
  • Built in 1951
  • ROR zoning designation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$122,208
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,444,160 $2.4M
Cap Rate 7%
$1,745,829 $1.7M
Cap Rate 9%
$1,357,867 $1.4M
Market Conditions
NOI Build-Up for 12,448 SF
Gross rent
$186.7K $15.00/SF
− Vacancy
−$12.1K −$0.98/SF
EGI
$174.6K $14.03/SF
− OpEx
−$52.4K −$4.21/SF
NOI
$122.2K $9.82/SF
Area
Pinellas County, FL
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,444,160
Cap Rate 7%
$1,745,829
Cap Rate 9%
$1,357,867

Alternative Uses

Best Use
Retail
$1.75M
$1.53M – $2.04M (±1% cap)
NOI $122,208 @ 7.0% cap · market cap 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.24M
$2.83M – $3.78M (±1% cap)
NOI $226,648 @ 7.0% cap · market cap 13.33%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Building Supply Grocery & Convenience Store Electrical Service Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

936
Businesses Nearby
84k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 39% Shops & Services 32% Dining 28% Beauty & Spa 2%
Publix Groceries
32,546 visits/mo 0.4 miles
Speedway Shops & Services
12,305 visits/mo 0.4 miles
Panera Bread Dining
11,002 visits/mo 0.4 miles
Bonefish Grill Dining
8,662 visits/mo 0.4 miles
Bank of America Shops & Services
4,935 visits/mo 0.3 miles

Demographics for 33770, FL

25,475
Population
13,417
Households
1.9
Avg Household Size
50
Median Age
26%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
4,899
Density / Sq Mi
$58,071
Median Household Income
$39,354
Median Earnings
$1,481
Median Rent
$245,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Lucentgold LLC — 100 indian rocks rd n #6, belleair bluffs, fl 33770
  • Village Plaza — 1901 W Bay Dr, Largo, FL 33770
  • Cosa Collective — 596 Indian Rocks Rd N Unit 6, Belleair Bluffs, FL 33770

Frequently Asked Questions

What type of property is this?
Shopping center - Established retail center with a varied mix of products and services.
Where is this shopping center located?
The property is located at 580 Indian Rocks Rd N Belleair Bluffs, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 12,448‑square‑foot shopping center; Built in 1951; ROR zoning designation
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