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Property profile & analytics
FOR SALE
Commercial land

2174 62Nd St Clearwater, FL 33760

2,184 SF Built 2000
Property ID
US18-5297009
Property summary
AI-generated overview

A unique investment opportunity: a 1.21-acre parcel of land in a highly desirable location near major interstates in Clearwater. This property boasts the significant advantage of dual zoning, designated by the city of Largo as both single-family residential (SFR) and general commercial (CG). This flexible zoning opens up a wide range of potential development or usage options for astute investors. The property features a main house, constructed around the year 2000, which has benefited from recent updates. Additionally, there is a secondary house on the land that requires either renovation or demolition, offering a chance to further customize the property to your vision. Several sheds and a garage are also present, needing some attention. Notably, the main house features a newer roof, adding to its immediate value and reducing near-term maintenance concerns. This is a truly unique parcel with substantial potential for development or redevelopment in a prime location. We encourage you to bring your vision and ideas to fully appreciate the possibilities this land offers

Property profile
Verified
Property type Commercial land
Year built 2000
Total area 2,184 SF
UPID US18-5297009
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
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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