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4315 Bay Dr Clearwater, FL 33764-6819
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Property profile & analytics

4315 Bay Dr Clearwater, FL 33764-6819


  • Retail space
  • 18,881 SF
  • 3.56 lot acres
Off-Market
Property ID
US18-4229322
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.

Value Estimations
$2,580,000
Show details
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • World's Most Unusual Dollar Store / Discount Store

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.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $2,580,000
    Market price range: $2.21M - $5.50M
    AI Estimate
    $2,580,000
    Market price range: $2.21M - $5.50M
  • Alternative Use

    Use
    Estimation
    RETAIL STORES
    $3,925,000
    Current use
    WAREHOUSE, STORAGE
    $3,845,000
    Change: -2% Conversion: Difficult
    OFFICE BUILDING
    $3,545,000
    Change: -10% Conversion: Easy
    NEIGHBORHOOD: SHOPPING CENTER
    $3,325,000
    Change: -15% Conversion: Moderate
    APARTMENT HOUSE (5+ UNITS)
    $3,220,000
    Change: -18% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Clearwater
County
Pinellas
State
Florida
Longitude
-82.7424
Latitude
27.9154
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
$31,155
$0.00
$0.00
$1,750,000
-
$1,050,837
$699,163
$1,750,000
More about this property
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