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Property profile & analytics
FOR SALE
Bars & Pubs

1212 Rogers St Clearwater, FL 33756

2,946 SF 0.12 ac lot Built 1963
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US18-5420398
Property summary
AI-generated overview

This exceptional 2,946 sq ft concrete block retail building in Clearwater, FL, presents a compelling investment opportunity. Situated on a 0.12-acre lot with 100 feet of road frontage on Rogers Street, it benefits from high visibility and accessibility, connecting directly to Missouri Avenue (27,000 AADT) and US 19/60 (43,500 AADT). The property includes 18 parking spaces. Its CG Commercial zoning allows for various uses, including professional/medical offices, general retail, and medical marijuana facilities. The location is highly desirable, just one block from national retailers, hotels, and restaurants. A strong demographic profile supports this investment, with over 295,000 people within a 5-mile radius, a median household income of $59,200, and projected 32% population growth by 2028. The area boasts a large workforce of 255,000, with a median age of 49. Located in Downtown Clearwater, this property benefits from the city's thriving tourism industry, attracting nearly 2 million visitors annually. Clearwater's prime location, between Tampa Bay and Clearwater Harbor, and proximity to the Gulf of Mexico, offers diverse amenities. Pinellas County's robust economy, including a significant aviation and aerospace sector and a large manufacturing base, further enhances the investment potential. The area's renowned beaches and 360 days of sunshine attract 15.4 million tourists annually, generating $7 billion in spending. This property offers a unique blend of high-traffic location, diverse zoning options, and strong growth potential, making it an ideal investment in a thriving Florida market. Priced at $769,900.

Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 1963
Construction CONCRETE BLOCKS
Total area 2,946 SF
Lot 0.12 ac (5,040 SF)
APN 15-29-15-38574-018-0270
UPID US18-5420398
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
Current use
Occupant on record · Public records
  • Family Billiards Arcade & Gaming Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$569k
Blend (final) Blend
$570k
Owner & transaction history
Robert E Baker · 7 yrs held
Robert E Baker
since 2019
7 recorded transactions
2019
Price N/A
2009
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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