Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8340 Ulmerton Rd Largo, FL 33771

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Largo, FL Creative Office Space

    Lot size:
    66,000 SF

    Property Features for 8340 Ulmerton Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    66,000 SF
    Class
    B
    Total Rate
    82500

    Building Details

    Year Built/Renovated
    1982/2022
    Buildings
    4
    Stories
    2

    Spaces For Lease

    at 8340 Ulmerton Rd, Largo, FL 33771 Contact us
    Unit Available Space 1

    $144 /Mo

    Size
    1,100 SF
    Contact us
    Unit Available Space 2

    $15 /Mo

    Size
    300 SF
    Contact us

    We can help!

    Listing Contact
    John Burpee
    John Burpee

    Listing Agency: John Burpee & Associates Listing Agent: John Burpee

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    The American Business Center, located at 8340 Ulmerton Rd in Largo, FL 33771, offers versatile creative office space. This Class B property, built in 1982 and renovated in 2022, comprises four buildings with a total of 66,000 square feet across two stories. The property sits on 4.5 acres and features 25 suites, with multiple tenancies available. Currently, 1,400 square feet of space is vacant, offering units ranging from a minimum of 1,100 square feet to a maximum contiguous space of 1,400 square feet. Units boast 9-foot ceilings and offer a variety of configurations, including complete office build-outs, retail storefronts, and open floor plan warehouse/workshop spaces. Some units include second-story loft space and roll-up garage doors. Utilities are provided by Duke Energy. While elevators are not available, the property's convenient location on Ulmerton Road in the heart of Pinellas County provides easy access. The property's APN is 12-30-15-70542-200-0100.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tiger Racing Industrial Manufacturer dream car motors ... Car Dealership HEAL Outreach Inc. Charitable Organization A Quicker Response Bail ... Law Firm Key Custom Auto ... Car Dealership

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Largo
    County
    Pinellas
    State
    Florida
    Longitude
    -82.755073267553
    Latitude
    27.894302678945

    Nearby Similar for Lease

    • $1,100 /Mo
      13,352 SF

      Refined Largo Office Suite

      Functional office suite in a desirable Largo business location.
      7850 Ulmerton Rd, Largo, FL 33771
      View Details
    • $1,300 /Mo
      330 SF

      Largo Office Suite For Rent

      All-inclusive 330 SF office suite in Largo, Florida.
      2860 E Bay Dr, Largo, FL 33771
      View Details
    • $2,650 /Mo
      17,851 SF

      Renovated Office Building in Largo

      Modern office building with flexible floor plans and ample parking.
      1715 E Bay Dr, Largo, FL 33771
      View Details
    • $1,575 /Mo
      17,851 SF

      Renovated Office Building in Largo

      Modern two-story office building with flexible floor plans.
      1715 E Bay Dr, Largo, FL 33771
      View Details
    • $2,650 /Mo
      17,851 SF

      Renovated Office Building in Largo

      Modern office building with flexible floor plans and ample parking.
      1715 E Bay Dr, Largo, FL 33771
      View Details
    • $25 SF/Yr
      3,000 SF

      Retail/Office Space in Largo

      3,000 SF retail/office space in high-traffic Largo business district.
      3350 E Bay Dr, Largo, FL 33771
      View Details
    • $20 SF/Yr
      37,000 SF

      Move-in Ready Largo Office Space

      Commercial office and medical space available for lease in Largo.
      11350 66Th St, Largo, FL 33773
      View Details
    • $22 SF/Yr
      37,000 SF

      Largo Commercial Space For Lease

      Centrally located commercial space suitable for office, medical, or retail.
      11350 66Th St, Largo, FL 33773
      View Details
    • $22 SF/Yr
      37,000 SF

      Largo Office, Retail, Medical Space

      Centrally located commercial space suitable for office, medical, or retail.
      11350 66Th St, Largo, FL 33773
      View Details
    • $3,750 /Mo

      Largo Flex Space Available

      Class A flex space in Largo with high visibility.
      9310 Ulmerton Rd, Largo, FL 33771
      View Details
    • $66,000
      166,399 SF

      Move-in Ready Largo Office Space

      3,000 SF professional/medical space in Sunshine Ace Plaza.
      1033 W Bay Dr, Largo, FL 33770
      View Details
    • Sponsored
      Contact for pricing

      FL, Largo - East Bay Dr

      Discover many ways to work your way in Boise Downtown
      300 Bay Dr, Largo, FL 33770
      View Details

    FAQs

    What type of property is this?
    Office space - Largo, FL Creative Office Space
    Where is this office space located?
    The property is located at 8340 Ulmerton Rd Largo, FL.
    What is the lease rate?
    The lease rate is $15-$144 SF/Yr.
    What are key features of this property?
    This property features: Prime Pinellas County location.; High-traffic visibility and accessibility.; Strong tenant base with long-term leases.
    (727) 585-2070 Call to check price and availability
    Request Owner's contact information
    8340 Ulmerton Rd Largo, FL 33771
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8340 Ulmerton Rd
    Largo, FL 33771
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    8340 Ulmerton Rd Largo, FL 33771
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing John Burpee
    John Burpee
    Real Estate License ID: CQ1057398
    (727) 585-2070 (727) 828-9498 (727) 235-1992
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!