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Property profile & analytics
FOR LEASE
Office buildings

612 Druid Rd Clearwater, FL 33756

14,424 SF 0.99 ac lot Built 2009
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US18-2900126
Property summary
AI-generated overview

This exceptional Class A medical office building, located at 612 Druid Rd, Clearwater, FL 33756 (cross street: South Myrtle Ave), presents a unique opportunity. The entire 3,030 square foot space is currently vacant and ready for immediate occupancy. Built in 2009 and extensively renovated in 2021, this two-story building offers a modern and efficient layout perfectly suited for medical practices. The property boasts ample parking with a ratio of 4.13 spaces per 1,000 square feet. Building amenities include elevators and readily available power. The zoning is designated as "D," making it ideal for a variety of medical uses. The property is situated in Clearwater, Florida, offering convenient access to major roadways and a thriving community. This turnkey solution eliminates the need for extensive build-out, allowing for a swift and seamless transition for your practice. The building's modern design and recent renovations ensure a professional and welcoming environment for patients and staff. With its strategic location and impressive features, this medical office space represents an exceptional investment opportunity.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2009
Construction CONCRETE BLOCKS
Total area 14,424 SF
Lot 0.99 ac (42,950 SF)
APN 16-29-15-94626-008-0011
UPID US18-2900126
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Alexandra Weot Physician
  • Daniel Anthony Quest Diagnostics Center Pediatrician Physician
  • Jordan Kaylor Physician
  • Pinellas County Primary Care: Daniel Nosek Pediatrician Physician
  • Eugenia Rullan Bidot Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.58M
Blend (final) Blend
$2.59M
Owner & transaction history
Gabash LLC · 18 yrs held
Gabash LLC
since 2007
4 recorded transactions
2019
Price N/A
2007
$812,500
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $3.0M +22.6%
Apartment house (5+ units) $2.9M +18.0%
Neighborhood: shopping center $2.5M +3.8%
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