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Property profile & analytics
OFF-MARKET
Retail space

11890 Ulmerton Rd Seminole, FL 33778-1522

1,120 SF 0.78 ac lot Built 1982
Individually Owned 19-yr Hold ~ Est. High Equity
Property ID
US18-2440765
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1,250-square-foot, free-standing building located at 11890 Ulmerton Road in Largo, Florida, Pinellas County, zip code 33778. The property sits on a 0.78-acre lot and boasts 200 feet of frontage on a signalized corner, enjoying over 40,000 vehicles passing daily. Built in 1982, this Class B building is currently vacant and offers a versatile space suitable for a variety of commercial uses. The property is zoned C-1, allowing for flexibility in tenant selection. It's a single-unit building with a ground lease in place. This owner-user investment presents a unique chance to capitalize on a prime location in a thriving area. The property's strategic location and high visibility make it an ideal choice for businesses seeking strong exposure. This is a rare opportunity to acquire a well-situated commercial property with significant potential for growth and return on investment.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1982
Construction CONCRETE BLOCKS
Total area 1,120 SF
Lot 0.78 ac (33,977 SF)
APN 09-30-15-00000-120-2100
UPID US18-2440765
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Nofan A Ahmad · 19 yrs held
Nofan A Ahmad
since 2007
2 recorded transactions
2007
$450,000
1997
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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