Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    301 Belcher N Rd Largo, FL 33771-2000

    • Apartment buildings
    • 6,392 SF
    • 12.97 lot acres
    OFF-MARKET
    Value Estimations
    $1,200,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-4226352
    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.

    Current Use by Public Records

    • 360 Fishing Charters / Tour Operator / Travel Agency
    • Winding Lane Apartments / Apartment Building / Apartment Complex

    Property Details for 301 Belcher N Rd

    Year built
    1972
    Construction
    CONCRETE BLOCKS
    Lot size
    12.97 lot acres
    Property size
    6,392 SF
    Property type
    Apartment buildings
    APN
    36-29-15-00000-140-0100
    APU
    362915000001400100

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,199,000
      Market price range: $788k - $1.20M
      AI Estimate
      $1,199,000
      Market price range: $788k - $1.20M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,005,000
      Current use
      COMMERCIAL (GENERAL)
      $1,565,000
      Change: +55% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $1,440,000
      Change: +43% Conversion: Difficult
      OFFICE BUILDING
      $1,345,000
      Change: +34% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $1,195,000
      Change: +19% Conversion: Difficult
      RETAIL STORES
      $1,185,000
      Change: +18% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Largo
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7472
    Latitude
    27.9187
    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
    $340,835
    $0.00
    $0.00
    $20,050,000
    -
    $9,847,243
    $10,202,757
    $20,050,000

    Comparable in this City

    • Value Estimation
      $6,225,000
      50,474 SF

      3595 Gardenia Pl

      APARTMENT HOUSE (5+ UNITS) • 50,474 SF
      3595 Gardenia Pl, Largo, FL 33771-5511
      View Details
    • Value Estimation
      $8,995,000
      72,960 SF

      221 Lk NE Ave

      APARTMENT HOUSE (5+ UNITS) • 72,960 SF
      221 Lk NE Ave, Largo, FL 33771-1660
      View Details
    • Value Estimation
      $40,895,000
      211,590 SF

      600 Starkey Rd

      APARTMENT HOUSE (5+ UNITS) • 211,590 SF
      600 Starkey Rd, Largo, FL 33771-2868
      View Details
    • Value Estimation
      $19,725,000
      122,756 SF

      555 Belcher S Rd

      APARTMENT HOUSE (5+ UNITS) • 122,756 SF
      555 Belcher S Rd, Largo, FL 33771-2731
      View Details
    • Value Estimation by Request
      2,132 SF

      7501 Ulmerton Rd

      APARTMENT HOUSE (5+ UNITS) • 2,132 SF
      7501 Ulmerton Rd, Largo, FL 33771-4510
      View Details
    • Value Estimation
      $2,370,000
      9,828 SF

      3322 Camelot Dr

      APARTMENT HOUSE (5+ UNITS) • 9,828 SF
      3322 Camelot Dr, Largo, FL 33771-1993
      View Details

    Similar Nearby for Sale

    • $674,900
      2,430 SF

      Largo Triplex Business Opportunity

      Income-producing triplex in Largo, Florida, with recent updates.
      3735 141St Pl, Largo, FL 33771
      View Details
    • $674,900
      2,430 SF

      Largo Triplex Investment Opportunity

      Income-producing triplex in Largo, fully occupied and updated.
      3753 141St Pl, Largo, FL 33771
      View Details
    • $359,900
      Pending

      Largo Duplex in Coral Heights

      Income-producing duplex in a sought-after Largo neighborhood.
      3799 141St Ave, Largo, FL 33771
      View Details
    • $568,973
      2,480 SF

      Lake Palms Duplex with Private Yard

      Well-maintained duplex in Largo's Lake Palms subdivision with recent updates.
      2824 Meadow View Ave, Largo, FL 33771
      View Details
    • $110,000

      Updated Doublewide in 55+ Community

      Updated 2BR, 2BA doublewide with Florida Room in Largo.
      2000 E Bay Dr, Largo, FL 33771
      View Details
    • $425,000
      1,456 SF

      Largo Duplex with Long-Term Tenants

      Well-maintained duplex in Largo, Florida with long-term tenants.
      3025 Brookview Ave, Largo, FL 33771
      View Details

    Similar Nearby for Lease

    • $2,650 /Mo
      17,851 SF

      Renovated Office Building in Largo

      Modern office building with flexible floor plans and ample parking.
      1715 E Bay Dr, Largo, FL 33771
      View Details
    • $75,000

      Retail/Office Space in Largo Plaza

      3,000 SF retail/office space in high-traffic Largo location.
      3350 E Bay Dr, Largo, FL 33771
      View Details
    • $1,100 /Mo
      13,352 SF

      Refined Largo Office Suite

      Functional office suite in a desirable Largo business location.
      7850 Ulmerton Rd, Largo, FL 33771
      View Details
    • $18,900 /Mo

      Renovated Office Building in Largo

      Modern, two-story office building with flexible floor plans.
      1715 E Bay Dr E, Largo, FL 33771
      View Details
    • $16 SF/Yr
      56,668 SF

      East Bay Junction Retail Space

      Largo, FL: Prime Retail Opportunity
      2480 Bay Dr, Largo, FL 33771
      View Details
    • Contact for pricing
      11,200 SF

      Retail Space Near Major Retailers

      Freestanding retail space shadow-anchored to future Sprouts and Badcock Furniture.
      2390 E Bay Dr, Largo, FL 33771
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    301 Belcher N Rd
    Largo, FL 33771-2000
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!