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    Property profile & analytics

    1703 Missouri Ave Largo, FL 33770

    • Retail space
    • 1,586 SF
    • 0.37 lot acres
    For Sale
    View listing
    $650,000
    Value Estimation
    Last Sale
    Mar 05, 2021
    $360,000
    Location Intelligence
    Property ID
    US18-0913914
    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.

    Current Use by Public Records

    • vival / Clothing Alteration Service
    • CBD Oil Largo / Cannabis Store
    • KYLÉ Smoke Shop - Largo / Tobacco Shop
    • Kyle smoke shop / Tobacco Shop

    Property Details for 1703 Missouri Ave

    Year built
    1978
    Construction
    CONCRETE BLOCKS
    Lot size
    0.37 lot acres
    Property size
    1,586 SF
    Property type
    Retail space
    APN
    27-29-15-85203-000-0010
    APU
    272915852030000010

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $265,000

    • CAP approach

      CAP return
      Estimation
      6%
      $335,000
      6.5%
      $320,000
      7%
      $330,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $390,000
      Geo Method
      $365,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $335,000
      Retail
      $385,000
      Mixed-Use
      $355,000
      Hospitality
      $295,000
      Educational
      $340,000
      Residential Income
      $325,000
      Energy
      $310,000
      Income-Based Land
      $380,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Largo
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7871
    Latitude
    27.9349
    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
    $6,052
    $0.00
    $0.00
    $320,000
    -
    $202,805
    $117,195
    $320,000

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      1758 Missouri N Ave

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    • Value Estimation by Request
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      1488 Clearwater Largo N Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,582 SF
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      View Details

    Similar Nearby for Sale

    • $8,200,000
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      Largo Retail Investment Opportunity

      Freestanding retail property in Largo, Florida with 8% cap.
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    Similar Nearby for Lease

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    1703 Missouri Ave
    Largo, FL 33770
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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