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Property profile & analytics
FOR SALE
Turn key restaurants

940 Missouri Ave N Largo, FL 33770

5,090 SF 0.7 ac lot Built 1975
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US18-3224713
Property summary
AI-generated overview

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
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1975
Construction CONCRETE BLOCKS
Total area 5,090 SF
Lot 0.7 ac (30,444 SF)
APN 27-29-15-00000-430-0600
UPID US18-3224713
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
  • The Meltdown Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.62M
Blend (final) Blend
$1.62M
Owner & transaction history
Jfc Prop-15 LLC · 14 yrs held
Jfc Prop-15 LLC
since 2011
2 recorded transactions
2011
$1.2M
2007
$1.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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