1601-1 Highland Ave Clearwater, FL 33756
This exceptional Class A commercial development opportunity in Clearwater, Florida, presents a 13,300 sq ft lot (2,750 sq ft buildable) zoned C, ideally situated at the busy intersection of South Highland Ave and Belleair Rd. The property boasts over 90 feet of high-visibility frontage on South Highland Ave, ensuring excellent exposure for your business. Significant groundwork has already been completed, including a finished parking lot, curbs, sidewalks, and sewer tie-in, saving you considerable time and expense. Utility connections are readily available. The current owner has secured approvals for a 2,750 sq ft commercial building, perfect for retail or office use. This is the southern portion of a corner lot, with an adjacent lot currently under construction for a dentist's office (buyer must agree not to develop a dental practice on this lot). The thriving business district surrounding the property includes restaurants, shopping centers, and a densely populated residential area, offering a strong customer base. Enjoy easy access to major transportation routes, beaches, and hospitals. This turnkey opportunity allows you to focus solely on building construction, minimizing delays and maximizing your return on investment. All zoning and use regulations must be verified by the buyer with local authorities. Frontage, square footage, taxes, and boundaries are approximate and subject to final confirmation from local zoning/planning. Asking price is $700,000 ($254.55/sq ft).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.