2530 Bay Dr Largo, FL 33771-2406
Property Lookup
Property profile & analytics
2530 Bay Dr Largo, FL 33771-2406
- Drive through restaurants
- 3,156 SF
- 0.91 lot acres
Property ID
US18-1259485
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Wawa / Cafe & Coffee Shop
- Strategic HVAC Contractor / HVAC Service / General Contractor
- The Bluffs Business Association / Business To Business Service / Association / Organization
- Taco Jesus Hot Sauce / Food Broker
- Dan's Internet Marketing Services / Marketing & Advertising / (Bike/Boat/Book/etc) Store
Property Details for 2530 Bay Dr
- Year built
- 2002
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.91 lot acres
- Property size
- 3,156 SF
- Property type
- Drive through restaurants
- APN
- 36-29-15-46618-001-0010
- APU
- 362915466180010010
Description
This exceptional investment opportunity presents a 2,016 sq ft Wawa convenience store and gas station with a drive-thru, located at 2530 E Bay Dr, Largo, FL 33771. The property sits on a 0.91-acre lot and boasts a strong location within the Tampa/St. Pete MSA, benefiting from high daily traffic counts exceeding 60,000 vehicles on East Bay Drive. This Class A asset features a credit-rated tenant with a 9.6-year remaining lease term (expiring 06/30/2034) on an absolute NNN lease, eliminating landlord responsibilities. The lease includes six 5-year renewal options with a 7% rent increase every five years, ensuring consistent income growth. The current annual net operating income (NOI) is $145,000, representing a 5.00% capitalization rate on the $2,900,000 asking price. Built in 2023, this Wawa is the first drive-thru location in Florida, strategically positioned within a larger development including Winn-Dixie, Bank of America, and Amped Fitness, creating synergistic tenant relationships. The property's prime location and strong demographics, with over 254,000 residents within a 5-mile radius and an average household income of $85,054, contribute to its exceptional investment potential. The property's APN is 36-29-15-46618-001-0010. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a nationally recognized brand in a rapidly growing market.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,825,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,352,000
- AI Estimate
- $2,352,000
Market price range: $855k - $3.06MMarket price range: $855k - $3.06M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Largo
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7609
- Latitude
- 27.917
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,585
$0.00
$0.00
$1,300,000
-
$813,672
$486,328
$1,300,000
