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Property profile & analytics
OFF-MARKET Estimated value $4,425,000
Office buildings

2240 Belleair Rd Clearwater, FL 33764-2798

35,536 SF 2.08 ac lot Built 1987
Entity Owned 15-yr Hold Absentee Owner Free & Clear
Property ID
US18-1449398
Property summary
AI-generated overview

This Clearwater, Florida office building offers 10,500 square feet of vacant space in a Class B, two-story building constructed in 1987 and renovated in 2020. Located at 2240 Belleair Rd, at the intersection of Belleair and Belcher Roads, the property features 34,613 total square feet, with units ranging from a minimum of 3,200 square feet to a maximum contiguous space of 4,700 square feet. The building boasts 112 parking spaces, 3-phase power, and elevators. The 2.08-acre lot is zoned for commercial office use and offers a 9.5-foot ceiling height. Amenities include updated restrooms, carpets, and roof. The property is suitable for various uses, including traditional office, creative office, coworking, and executive office spaces. Its location in the Clearwater/Largo submarket provides easy access and ample parking for employees and clients. The property is ideal for businesses seeking flexible and modern office space in a well-maintained building. The building's versatile layout can accommodate a range of business needs, from call centers and flex spaces to law firms and CPA offices.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1987
Construction CONCRETE BLOCKS
Total area 35,536 SF
Lot 2.08 ac (90,496 SF)
APN 19-29-16-00000-330-1100
UPID US18-1449398
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
  • Sohi Systems (Bike/Boat/Book/etc) Store Corporate Office
  • Fox & Associates CPA Accounting Firm
  • Westcor Land Title Insurance Co Title Company
  • ITX Learning Training Center Tutoring Service
  • Belleair Oaks Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.43M
Blend (final) Blend
$4.43M
Owner & transaction history
2240 Belleair Oaks LLC · 15 yrs held
2240 Belleair Oaks LLC
since 2010
4 recorded transactions
2021
Price N/A
2010
$1.0M
2001
$2.8M
1997
$2.1M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $7.2M +8.5%
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