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    12388 Starkey Rd Largo, FL 33773

    For Sale
    $5,000,000

    35,512 SF Warehouse, $5M

    Property size:
    35,512 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This Largo, Florida industrial warehouse presents a compelling investment opportunity. Boasting 35,512 square feet of space on a 2.42-acre lot, this two-story, 1971-built concrete block structure offers significant potential. The property features two loading docks with two dock-high doors, providing efficient access for loading and unloading. A 14-foot ceiling height maximizes storage capacity within the warehouse. The E-2 zoning in unincorporated Pinellas County allows for diverse uses. The property includes two ramped drive-in doors (10'x10'). The building benefits from a recently installed TPO roof. The expansive site offers ample lay-down yard potential, complementing the substantial indoor space. The property is currently vacant, providing flexibility for a single user or the possibility of subdividing the space for multiple tenants, with options ranging from 9,600 to 16,500 square feet. The asking price is $5,000,000, translating to $140.80 per square foot. This location on Starkey Road offers excellent visibility and accessibility. The combination of indoor and outdoor storage, along with potential showroom space, makes this a highly versatile and attractive property.

    Property Features for 12388 Starkey Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    35,512 SF
    Lot Size
    105,415 SF

    Building Details

    Year Built
    1971
    Buildings
    1
    Stories
    2

    HighLights

    • 35,512 SF industrial warehouse on a 2.42‑acre lot in Largo, FL.
    • Two‑story, 1971 concrete block building with two loading docks and two dock‑high doors.
    • 14' ceiling height, two 10'x10' drive‑in doors, and a recently installed TPO roof.
    • E‑2 zoning in unincorporated Pinellas County allows for diverse uses.
    • Ample lay‑down yard space and potential for subdivision (9,600 - 16,500 SF units).
    • $5,000,000 asking price ($140.80/SF), excellent visibility on Starkey Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CDC Warehouse Lisa Suarez Buddhist Temple

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Largo
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7627902
    Latitude
    27.8846621

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    FAQs

    What type of property is this?
    Distribution property - 35,512 SF Warehouse, $5M
    Where is this distribution property located?
    The property is located at 12388 Starkey Rd Largo, FL.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: 35,512 SF industrial warehouse on a 2.42-acre lot in Largo, FL.; Two-story, 1971 concrete block building with two loading docks and two dock-high doors.; 14' ceiling height, two 10'x10' drive-in doors, and a recently installed TPO roof.
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    Largo, FL 33773
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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
    12388 Starkey Rd Largo, FL 33773
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