Financial
Distress signals
Property profile

701 N Hercules Ave Clearwater, FL 33765

FOR LEASE
Office buildings
Property ID
US18-0226990
10,432 SF 1.05 ac lot Built 1985
Last sale Jul 2006 · $1,072,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A five-tenant office building located in north Clearwater, Florida, across from Clearwater Air Park, with frontage on a roadway reported to carry approximately 22,052 vehicles per day. The property is configured for office use with a majority of its tenant occupancy historically associated with medical-related use. Its tenant leases are structured with staggered expiration dates, and the building is positioned to support continued occupancy with a mix of office/medical tenants. Nearby

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$750k
Effective rate1.93%

Value estimate

· Sep 2026
$1.21M
$1.09M – $1.33M
Sales comparison$1.54M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$189/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$148 – $233
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPINELLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.7
Dry Cleaner8.4
Catering Service8.0

Location

701 N Hercules Ave Clearwater, FL 33765
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog · not on file

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
50 Belcher, Clearwater, FL 33765-3938 $10,300,000 Feb 2024 16,800 SF
2433 Gulf To Bay, Clearwater, FL 33765-4300 $2,000,000 Jul 2023 9,688 SF
831 Hercules, Clearwater, FL 33765-2024 $900,000 Jul 2023 5,894 SF
2481 Sunset Pt, Clearwater, FL 33765-1514 $2,525,000 Aug 2022 7,430 SF
2150 Range, Clearwater, FL 33765-2125 $605,500 Oct 2021 7,875 SF
2288 Drew, Clearwater, FL 33765-3307 $730,000 Sep 2021 6,120 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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