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1703 Missouri N Ave Largo, FL 33770

OFF-MARKET Retail space Google Maps
1,586 SF 0.37 ac lot Built 1978
Entity Owned ~ Est. High Equity
Estimated value (blended)
$265k
Range $239k – $292k (±10%)
Property ID US18-0913914

Property summary

AI-generated overview

This free-standing office building at 1703 Missouri Avenue, Largo, FL 33770, presents a compelling passive investment opportunity. Built in 1978, the single-unit property is situated on a 16,000 square foot lot and includes 12 parking spaces. Currently operating under a Triple Net Lease with Kyle Smoke Shop, this property offers a strong cap rate of 7.38%. The asking price is $650,000. The building's location within a thriving commercial corridor in Largo, Florida, provides excellent visibility and accessibility. Surrounding businesses include a mix of national and local tenants, further enhancing the property's value and potential for long-term growth. This is an exceptional opportunity for investors seeking a stable, high-yielding asset in a desirable location. The property's strong tenant and favorable lease terms contribute to its attractive investment profile. The substantial lot size offers potential for future expansion or development, adding to its overall appeal. This turnkey investment requires minimal management, making it ideal for passive income seekers. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Construction CONCRETE BLOCKS
Total area 1,586 SF
Lot 0.37 ac (16,322 SF)
APN 27-29-15-85203-000-0010
UPID US18-0913914

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
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2025
Last sale
$550,000
7 recorded transactions
2025
$550,000
2021
$360,000
2020
$3,100
2002
$240,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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