1110 Bay DrLargo, FL 33770

Property Details for 1110 Bay Dr

Year built

1989

Construction

CONCRETE BLOCKS

Lot size

0.77 AC

Property size (Sq ft)

6,624 SF

Property type

Retail properties

Property subtype

Strip malls

APN

35-29-15-00000-230-0400

APU

352915000002300400

Description

This exceptional, Class A retail property, known as Rothmoor Manor, presents a unique investment opportunity in Largo, Florida. Located at 1110 E Bay Dr, 33770, this 7,000 square foot restaurant complex sits on a 0.75-acre lot and boasts five individual units, perfect for a variety of uses within the permitted Retail Office Commercial zoning. Built in 1989 and extensively renovated in 2023, the property is exceptionally well-maintained, featuring abundant parking (over 40 spaces) and meticulously landscaped grounds. The property benefits from a highly visible, unique and large sign, a feature no longer permitted under current regulations, ensuring excellent street exposure in a thriving business district. This core investment opportunity is situated in the desirable Tampa Bay Metro area, offering a strong return potential. The asking price is $2,390,000. This is a rare chance to acquire a turn-key retail complex in a prime Largo location. The property's modern design and excellent condition make it an attractive option for both established businesses and new ventures. The ample parking and prominent signage are key assets that contribute to its high visibility and appeal. Don't miss this chance to own a piece of Largo's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $1,898,263

  6.5%

  $1,752,243

  7%

  $1,627,082

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,840,847

  Geo Method

  $1,840,847

• Alternative Use

  Use

  Valuation

  Residential

  $1,478,082

  Hospitality

  $1,353,916

  Educational

  $1,126,442

  Medical

  $1,165,182

  Retail

  $1,752,243

Location Insight

City

Largo

County

Pinellas

State

Florida

Latitude

27.9171

Longitude

-82.7762

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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