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Property profile & analytics
OFF-MARKET Estimated value $2,975,000
Warehouses

2297 Lk SE Ave Largo, FL 33771-3755

6,380 SF 1.96 ac lot Built 1973
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-3237950
Property summary
AI-generated overview

This Largo, Florida industrial property offers 32,415 square feet of warehouse space across three concrete buildings situated on a 2.1-acre lot. Located at 2297 Lake Ave SE, Largo, FL 33771, this prime location provides excellent access to major transportation arteries. The property enjoys a strategic position, just seven miles from Interstate 275, six miles from downtown Clearwater, and sixteen miles from downtown St. Petersburg, offering convenient access to the entire Tampa Bay area and beyond. Currently, the property boasts 95% occupancy with all tenants on month-to-month leases, presenting a significant opportunity for immediate rent increases and a substantial boost to net operating income (NOI). The durable concrete construction ensures long-term structural integrity and low maintenance costs. This is an exceptional investment opportunity in a thriving market with strong potential for future growth. The property's high occupancy rate and prime location make it an attractive asset for investors seeking stable income and appreciation potential. The asking price for this exceptional industrial property is $4,540,000.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1973
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,380 SF
Lot 1.96 ac (85,373 SF)
APN 02-30-15-70434-400-2501
UPID US18-3237950
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
  • Homeworks Media Corporate Office
  • Japanese Car Service Auto Repair Shop
  • NINJAS WORLDWIDE WRESTLING CLUB Gym & Fitness Center
  • Lake Avenue Rentals Storage Facility
  • Todds Car Care Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.98M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.98M
Owner & transaction history
G Street Investments LLC · 1 yrs held
G Street Investments LLC
since 2025
Last sale
$3.0M
5 recorded transactions
2025
$4.3M
2024
$3.0M
2010
Price N/A
2010
Price N/A
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.6M +213.0%
Auto repair, garage $2.7M +129.9%
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