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    14333 58Th St Clearwater, FL 33760

    Sponsored
    For Sale
    $2,087,000

    8,600 SF Flex Office, 100% Occupied

    Property size:
    8,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Clearwater, Florida investment opportunity presents a fully leased, 8,600-square-foot executive office and flex space building situated on a spacious 2.07-acre lot within the Icot Business Park. Currently boasting 100% occupancy with a national dental lab tenant under a newly executed 7-year NNN lease expiring June 30, 2029, this Class C property generates a substantial net operating income (NOI) of $121,795. The lease includes annual escalations and covers all expenses, including a 3% management fee and an escrowed parking lot maintenance reserve. The property is zoned Industrial Limited (IL) and offers significant expansion potential, with the possibility of increasing the building size to 21,000 square feet. Offered at $2,087,000, this presents a compelling 5.8% cap rate investment in a prime Clearwater location, within the Gateway Submarket, and featuring a strong, long-term tenant. Built in 1986, this single-tenant property provides a stable and attractive return on investment. The property's address is 14333 58th St N, Clearwater, FL 33760.

    Property Features for 14333 58Th St

    General Information

    Property type
    Flex space
    Square Feet
    8,600 SF
    Class
    C
    Lot Size
    90,169 SF

    Building Details

    Year Built
    1986
    Property Profile Location Intelligence

    Current Use by Public Records

    DSG Clearwater Dental Laboratory NDX Clearwater Dental Laboratory

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7123446
    Latitude
    27.9021732

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    FAQs

    What type of property is this?
    Flex space - 8,600 SF Flex Office, 100% Occupied
    Where is this flex space located?
    The property is located at 14333 58Th St Clearwater, FL.
    What is the asking price?
    The asking price for this property is $2,087,000.
    Request Owner's contact information
    14333 58Th St Clearwater, FL 33760
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    Clearwater, FL 33760
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14333 58Th St Clearwater, FL 33760
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