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    4535 Bay Dr Clearwater, FL 33764-5723
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    Property profile & analytics

    4535 Bay Dr, Clearwater, FL 33764-5723

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    • Turn key restaurants
    • 2,590 SF
    • 0.57 lot acres
    Off-Market
    Last Sale Aug 7, 2024
    $1,350,000
    Property ID
    US19-0868876
    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
    $1,350,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 4535 Bay Dr

    Year built
    1999
    Construction
    FRAME
    Lot size
    0.57 lot acres
    Property type
    Turn key restaurants
    APN
    31-29-16-10820-000-0010
    APU
    312916108200000010

    Description

    This ±2,590 square foot single-tenant retail building, situated on a 0.57-acre lot in Clearwater, Florida, presents a unique investment opportunity. Previously a quick-service restaurant, the property boasts a prime location at the signalized intersection of East Bay Drive and Bedford Circle West, offering excellent visibility and accessibility. The building, constructed in 1999, is a one-story structure with potential for drive-thru service. Its Class C designation reflects its adaptable nature for various uses, including restaurants, banks, pharmacies, or quick-service restaurants. The property benefits from convenient ingress/egress and shared parking with a nearby 34,360 square foot office center. This high-traffic location is surrounded by established businesses, including major retailers like Publix, Ross, Burlington, and Harbor Freight, as well as several recently constructed restaurants. The area's demographics are strong, with a dense population of 102,792 residents within a three-mile radius and an average household income of $79,736. The property's zoning (CG - Commercial General) allows for a variety of commercial uses. The site's location between Belcher Road and US Highway 19 provides exceptional exposure to a high volume of daily traffic (58,500 AADT on East Bay Drive, 17,300 AADT on Belcher Road, and 92,000 AADT on US Highway 19). This makes it ideal for owner-users seeking to repurpose the existing structure or investors looking for redevelopment potential. The property's address is 4535 E Bay Dr, Clearwater, FL 33764, with APN 36-29-15-70236-300-0601.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,350,000
      ML approach
      $1,350,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,089,000
      Market price range: $575k - $2.46M
      AI Estimate
      $1,089,000
      Market price range: $575k - $2.46M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $1,325,000
      Current use
      AUTO REPAIR, GARAGE
      $1,520,000
      Change: +15% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7404
    Latitude
    27.9159
    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
    $9,480
    $0.00
    $0.00
    $515,000
    -
    $279,887
    $235,113
    $515,000
    More about this property
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