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Property summary
This exceptional redevelopment opportunity presents a vacant, 5,090-square-foot freestanding restaurant building situated on a 0.72-acre lot in Largo, Florida. Located on a bustling main corridor, this property boasts unparalleled visibility and high foot traffic, benefitting from its adjacency to a Walmart and proximity to other national retailers. The building, constructed in 1975 and renovated in 2011, offers a single-story layout with a total of 5,090 square feet of net rentable space. The asking price is $4,900,000, translating to a price per square foot of $962.67. The property's strategic location within Pinellas County, at 940 Missouri Ave N, Largo, FL 33770, ensures significant exposure to a dense population base. This vacant site presents a unique chance for investors and restaurateurs to establish a thriving business in a high-demand area. The previous tenant was a Denny's, indicating the site's proven suitability for restaurant operations. This is an ideal opportunity to capitalize on the strong demographics and established commercial activity in this prime Largo location. The property's size and location make it an attractive investment for those seeking a high-visibility restaurant space in a thriving market.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant Take-out & Catering
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Largo market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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