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Property profile & analytics
OFF-MARKET Estimated value $2,435,000
Day care centers

2177 Coachman Rd Clearwater, FL 33765-2616

4,896 SF 1.28 ac lot Built 1959
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US18-0881855
Property summary
AI-generated overview

This exceptional 10,990-square-foot special purpose property, located at 2177 NE Coachman Road, Clearwater, Florida 33765, presents a unique investment opportunity. Situated on a 1.29-acre lot (55,980 square feet) and zoned Clearwater - I - Institutional, this multi-tenant building offers immediate potential for a variety of uses. Currently configured as a daycare or school facility, the property features three available spaces ranging in size from 1,152 to 10,990 square feet, providing flexibility for expansion or multiple tenants. The property boasts two playgrounds and ample parking, catering to the needs of both children and staff. Its convenient location in the highly sought-after Mid-Pinellas market ensures high visibility and accessibility. The property's "plug and play" nature makes it ideal for immediate occupancy and operation, minimizing upfront investment and maximizing return. This is a rare opportunity to acquire a well-maintained, established facility in a thriving community. The cross street is Belcher Road. This property is ready for its next chapter.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1959
Construction CONCRETE BLOCKS
Total area 4,896 SF
Lot 1.28 ac (55,735 SF)
APN 12-29-15-59184-000-0080
UPID US18-0881855
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
  • Affordable Car Insurance Clearwater Insurance Agency
  • Obamacare Enrollment ACA Insurance Agency
  • Suncoast Christian School High School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.43M
Blend (final) Blend
$2.44M
Owner & transaction history
Floridays Investments LLC · 6 yrs held
Floridays Investments LLC
since 2019
7 recorded transactions
2021
Price N/A
2019
$950,000
2009
$585,000
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
Top alternative use upside
Auto repair, garage $2.9M +76.6%
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