Property profile

12945 Seminole Blvd Largo, FL 33778

OFF-MARKET
Office buildings
Property ID
US18-1860308
9,064 SF 1.06 ac lot Built 1972
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Prosperity Plaza, a Class B office complex in Largo, Florida, offers versatile spaces ideal for businesses of all sizes. This two-story building, totaling 9,060 square feet, is situated on a 46,174 square foot lot at 12945 Seminole Blvd, 33778, and boasts convenient access to Largo Mall. Currently undergoing major renovations, including recently completed bathroom and common area upgrades in Building "B", the property provides multiple tenancy options ranging from a minimum of 406 square feet to a maximum contiguous space of 2,371 square feet. The building features elevators and ample parking (2.54 spaces per 1,000 square feet). Its zoning is CG, and its prime location just south of Ulmerton Road on Seminole Boulevard makes it a highly desirable location for businesses seeking convenient access to shopping and amenities. Three spaces are currently available, offering a unique opportunity to establish a presence in a revitalized office complex undergoing significant improvements. The property's strategic location and modern amenities make it an excellent choice for businesses seeking a thriving and accessible workspace.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1972
Construction CONCRETE BLOCKS
Total area 9,064 SF
Lot 1.06 ac (45,982 SF)
APN 10-30-15-00000-130-0300
UPID US18-1860308

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Telecommunications Service Marketing & Advertising
  • Real Estate Agency
  • Real Estate Agency
  • Association / Organization

Location

12945 Seminole Blvd Largo, FL 33778-2319
Largo metro Census 25311 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.31M
Comparable Approach Comparable
$2.13M
Blend (final) Blend
$1.62M

Owner & transaction history

since 2022
Last sale
$1.9M
7 recorded transactions
2022
$1.9M
2016
$690,000
2007
$2.2M
2005
$2.0M
2004
$1.4M
2001
$1.1M
1999
$680,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.2M +26.2%
Industrial (general) $1.8M +2.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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