Property profile

621 Missouri N Ave Largo, FL 33770

OFF-MARKET
Strip malls
Property ID
US18-5142010
11,410 SF 0.91 ac lot Built 1974
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

Missouri Crossings, a Class A medical office building totaling 11,410 square feet, presents a unique investment opportunity in the Missouri Ave submarket. This single-story, 1974-built property underwent a complete renovation in 2020, boasting modern features including new storefronts, an elevated façade, LED exterior lighting, and ADA-compliant entrances. The building features 12-foot ceilings and offers multiple suite options ranging from 1,278 to a maximum contiguous 7,597 square feet, with a total of four suites. Currently, 7,597 square feet are available for lease. The property sits on a 0.91-acre lot and provides ample parking with 48 spaces conveniently located both in front and behind the building. Its strategic corner location on the west side of Missouri Ave. (Alt 19), between East Bay Dr. and Rosery Rd., ensures high visibility and accessibility. The high-traffic area sees approximately 35,000 cars daily, and the property benefits from multiple access points, including right-in, right-out, and left-in access on Missouri Ave. N. and Commerce Drive. Two pylon signs are available for tenant branding. The property is zoned CG and is situated near a variety of established retailers including Walmart, Aldi, LA Fitness, Old Time Pottery, TJ Maxx, and Ross. This exceptional location and modern amenities make Missouri Crossings an ideal space for medical practices seeking high visibility and convenient access.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,410 SF
Lot 0.91 ac (39,770 SF)
APN 34-29-15-41436-002-0010
UPID US18-5142010

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

621 Missouri N Ave Largo, FL 33770-1536
Largo metro Census 25602 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.45M
Blend (final) Blend
$1.26M

Owner & transaction history

since 2019
3 recorded transactions
2019
$8,292
2013
$650,000
1997
$460,857

Zoning & alternative use

Top alternative use upside
Industrial (general) $2.3M +5.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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