Property profile

2751 Roosevelt Blvd Clearwater, FL 33760

OFF-MARKET
Strip malls
Property ID
US18-6106785
4,500 SF 0.3 ac lot Built 2010
Individually Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Clearwater, Florida retail investment presents a compelling opportunity. The 4,500 square foot building, constructed in 2010, features three separate suites, each offering ample space for diverse retail tenants. Currently operating at 66% occupancy, this multi-tenant property boasts a strong potential for increased revenue. The building is strategically located in a bustling area of Clearwater, within Pinellas County, and zoned C2 for commercial use, ensuring a promising investment potential. The property includes abundant parking and added security features such as a fenced lot and security cameras. The asking price is $1,400,000, with a price per square foot of $311.11. An adjacent lot is also available for purchase, offering the potential for property expansion. This modern, well-maintained building provides a versatile space ideal for retail investors seeking a strong return on investment in a thriving commercial area. The property's prime location and existing infrastructure make it an attractive option for both established and emerging businesses. This is a rare opportunity to acquire a well-positioned retail property in a high-demand market.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2010
Construction CONCRETE BLOCKS
Total area 4,500 SF
Lot 0.3 ac (13,142 SF)
APN 32-29-16-70362-300-0202
UPID US18-6106785

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Hair Salon
  • Tattoo & Piercing Shop
  • Spa & Massage Center
  • Barber Shop

Location

2751 Roosevelt Blvd Clearwater, FL 33760-2654
Clearwater metro Census 24514 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$950k
Comparable Approach Comparable
$764k
Blend (final) Blend
$605k

Owner & transaction history

since 2021
Last sale
$500,000
7 recorded transactions
2021
$500,000
2020
Price N/A
2018
Price N/A
2017
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $935,000 +18.1%
Office building $845,000 +6.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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