Property summary
This fee-simple, single-tenant medical office building in Clearwater, Florida, offers a compelling investment opportunity. The 7,092 square foot building, constructed in 1989, sits on a 0.57-acre lot and is currently 100% occupied by Robson Eye Institute under a triple-net (NNN) lease expiring March 31, 2030, with two five-year renewal options. The property boasts a 5.53% cap rate and a strong remaining lease term of 5.4 years. Located at 601 S Belcher Rd, Clearwater, FL 33764, the building… benefits from a high-traffic location on Belcher Road, directly off Gulf-to-Bay Boulevard, a major east-west corridor in Pinellas County with over 69,300 cars passing daily. The property's proximity to Clearwater Beach and Tampa, along with its location within a densely populated area (over 257,000 residents within 5 miles), ensures high visibility and accessibility. The tenant, Robson Eye Institute, a subsidiary of Southeastern EyeCare Group, demonstrates financial stability and long-term commitment to the location. The lease includes annual base rent increases of 3%, and the tenant reimburses management and administrative fees. The building is zoned for medical office use and presents minimal landlord responsibilities, limited to roof and structure maintenance. This investment is ideal for those seeking a stable, passive income stream with significant upside potential. The property's essential business nature and strong demographics further enhance its investment appeal.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 9 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,978 SF
- Lot area
- 0.57 ac
- Year built
- 1989
- Stories
- 1
- APN
- 18-29-16-92650-000-0010
- Assessed value · 2023
- $1,185,000
- Annual tax · 2023
- $22,369
- Warehouse, Storage
- Office Building · current use
- Neighborhood: Shopping Center
- Apartment House (5+ Units)
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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