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    940 Missouri Ave Largo, FL 33770

    Sponsored
    For Sale
    $4,900,000

    Prime 5,090 SF Restaurant Site, Vacant

    Property size:
    5,090 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional redevelopment opportunity presents a vacant, 5,090-square-foot freestanding restaurant building situated on a 0.72-acre lot in Largo, Florida. Located on a bustling main corridor, this property boasts unparalleled visibility and high foot traffic, benefitting from its adjacency to a Walmart and proximity to other national retailers. The building, constructed in 1975 and renovated in 2011, offers a single-story layout with a total of 5,090 square feet of net rentable space. The asking price is $4,900,000, translating to a price per square foot of $962.67. The property's strategic location within Pinellas County, at 940 Missouri Ave N, Largo, FL 33770, ensures significant exposure to a dense population base. This vacant site presents a unique chance for investors and restaurateurs to establish a thriving business in a high-demand area. The previous tenant was a Denny's, indicating the site's proven suitability for restaurant operations. This is an ideal opportunity to capitalize on the strong demographics and established commercial activity in this prime Largo location. The property's size and location make it an attractive investment for those seeking a high-visibility restaurant space in a thriving market.

    Property Features for 940 Missouri Ave

    General Information

    Property type
    Restaurants
    Square Feet
    5,090 SF

    Building Details

    Year Built/Renovated
    1975/2011
    Buildings
    1
    Stories
    1

    HighLights

    • 0.72‑acre site
    • 5,090 square foot building
    • Main corridor location in Largo, FL
    • Adjacent to Walmart
    Property Profile Location Intelligence

    Current Use by Public Records

    The Meltdown Delivery Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Largo
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7872392
    Latitude
    27.925128

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    FAQs

    What type of property is this?
    Restaurant - Prime 5,090 SF Restaurant Site, Vacant
    Where is this restaurant located?
    The property is located at 940 Missouri Ave Largo, FL.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: 0.72-acre site; 5,090 square foot building; Main corridor location in Largo, FL
    Request Owner's contact information
    940 Missouri Ave Largo, FL 33770
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    Largo, FL 33770
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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
    940 Missouri Ave Largo, FL 33770
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