Realmo Analytics

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Financial
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Property profile

2401 W Bay Dr Largo, FL 33770

FOR LEASE
Strip malls
Property ID
US18-0174400
4,680 SF 0.8 ac lot Built 2004
Last sale May 2026 · $2,608,500
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value$1.33M
Effective rate1.89%

Value estimate

· Oct 2026
$1.28M
$1.15M – $1.41M
Submarket $/SF estimate$1.28M
NOI build-up
Gross scheduled income$284k
Vacancy & credit loss−$58k
Operating expenses−$56k
NOI · 202.41% cap applied$169k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$187/SF
Submarket average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$115 – $273
Qualifying comparables10

Cap rate analysis

How does the asset earn?
202.41%
$169k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPINELLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency63.4
Restaurant55.3
Building Supply44.4

Location

2401 W Bay Dr Largo, FL 33770
County assessor Recorded deeds · 6 transfers 10 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
201 Keene, Largo, FL 33771-1763 $500,000 Apr 2023 5,668 SF
9040 Ulmerton, Largo, FL 33771-3849 $4,550,000 Aug 2021 7,284 SF
14101 Belcher S, Largo, FL 33771-4578 $625,000 Dec 2020 6,000 SF
104 Seacrest, Largo, FL 33771-1843 $565,000 Oct 2020 6,580 SF
2475 Bay, Largo, FL 33771-2472 $655,000 Dec 2018 5,472 SF
2575 Bay, Largo, FL 33771-2439 $2,442,500 Nov 2018 6,944 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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