4315 Bay Dr Clearwater, FL 33764-6819

Property Details for 4315 Bay Dr

Year built

1985

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

3.56 lot acres

Property size

18,881 SF

Property type

Retail space

APN

31-29-16-29393-001-0010

APU

312916293930010010

Description

This exceptional commercial land opportunity presents two prime pad sites for development in the thriving Clearwater-Largo submarket of Pinellas County. Located on the south side of East Bay Drive, these sites offer unparalleled visibility and accessibility with an annual average traffic count of 56,000 vehicles per day. Pad Site 1, totaling approximately 15,000 square feet, is situated adjacent to a Dollar Store, ensuring high foot traffic and brand synergy. Pad Site 2, encompassing approximately 700 square feet, boasts direct frontage on East Bay Drive, providing excellent exposure for smaller commercial ventures. Both sites are zoned CG Commercial General by the City of Largo and benefit from readily available utilities including Duke Energy electric, Pinellas County water, and City of Largo sewer and trash services. The property is located in Flood Zone X. Long-term, triple-net (NNN) ground leases are available, offering significant financial stability. Pad Site 1 is offered at an annual ground lease rate of $85,000 NNN, while Pad Site 2 is available for $55,000 NNN annually. Ample parking is available for both sites. This is an exceptional opportunity for investors and developers seeking high-traffic, well-located commercial land in a rapidly growing area. Parcel ID for the larger site is 31-29-229393-001-0010.