1080 Keene Rd Dunedin, FL 34698-6300
Property profile & analytics
1080 Keene Rd Dunedin, FL 34698-6300
- Banks
- 4,380 SF
- 1.10 lot acres
Property ID
US18-2867002
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Bank of America (with Drive-thru ATM) / Bank / Loan Service
- Bank of America ATM (Drive-thru) / Atm / Financial Consultant
Property Details for 1080 Keene Rd
- Year built
- 1998
- Construction
- CONCRETE BLOCKS
- Lot size
- 1.10 lot acres
- Property size
- 4,380 SF
- Property type
- Banks
- APN
- 26-28-15-00000-410-0120
- APU
- 262815000004100120
Description
This exceptional investment opportunity presents a fee-simple, single-tenant, net-leased retail property occupied by Bank of America. Located at 1080 Keene Rd, Dunedin, FL 34698, this 4,400 square foot building sits on a 1.1-acre lot and boasts 20 parking spaces. The property features a Class B building constructed in 1998, with a single story. The current lease, commenced July 23, 1997, has a remaining term of approximately 3.3 years, expiring February 29, 2028, with six 5-year renewal options. The tenant, Bank of America, is credit-rated, ensuring a secure investment. The property enjoys a 100% occupancy rate since July 23, 1998. The current Net Operating Income (NOI) is $143,000, with a pro-forma NOI of $150,150, resulting in a current cap rate of 5.50% and a pro-forma cap rate of 5.78%. The asking price is $2,600,000, translating to a price per square foot of $590.91. The lease includes 5% rent bumps. The property's strategic location near the intersection of Main Street and Keene Road, two high-traffic thoroughfares, provides excellent visibility and accessibility. This is a rare opportunity to acquire a well-established, stable investment with a strong tenant and significant upside potential. The Pinellas County property (APN: 26-28-15-00000-410-0120) offers a secure and profitable investment in a thriving Florida market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,015,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,451,000
- AI Estimate
- $2,451,000
Market price range: $1.08M - $3.18MMarket price range: $1.08M - $3.18M -
Alternative Use
- Use
- Estimation
- FINANCIAL BUILDING
- $2,120,000 Current use
- COMMERCIAL (GENERAL)
- $2,730,000 Change: +29% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,815,000 Change: -15% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Dunedin
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7641
- Latitude
- 28.0184
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,763
$0.00
$0.00
$1,470,000
-
$556,033
$913,967
$1,470,000
