Vacant-User
Largo Small Bays
2297 Lake Ave SE, Largo, FL 33771
Listing Price: $4,300,000
Investment Overview
Marcus & Millichap, acting as exclusive advisor, is pleased to present for sale Largo Small-Bay (the “Property”), a ±32,500-square-foot, small-bay industrial property consisting of three concrete buildings located in Largo, Florida. Largo is the third-largest city in Pinellas County and is part of the Tampa Bay-St. Petersburg Area. The Property is located seven miles from Interstate 275, six miles from downtown Clearwater, and 16 miles from downtown St. Petersburg, providing access to all of Western Florida’s largest cities and surrounding areas.
Largo Small Bays is currently 95-percent occupied with a diverse mix of tenants and has historically maintained high occupancies. All tenants are on month-to-month leases, presenting an excellent opportunity to significantly enhance NOI by adjusting rents.
The Property includes 88 bays across 3 buildings on 2.1 acres. 68 of the bays are 386 square feet in approximately 14-foot high buildings, while the remaining 20 bays are 309 square feet in approximately 11-foot high buildings. In addition, two of the buildings had new roofs installed in 2024 with 20-year warranties, and the roof of the third building was installed in 2000. The Property is just north of Ulmerton Road, on Lake Avenue, which sees a daily vehicle count of over 57,800 cars.
Largo Small Bays offers investors the unique opportunity to acquire a small-bay industrial property, with steady cash flows and the opportunity for rent growth, in a prime location in the Tampa-St. Petersburg Metropolitan Area.
Largo Small Bays
Investment Highlights
- All Tenants on Month-to-Month Leases Providing Opportunity to Immediately Raise Rents and Increase NOI
- Strong Occupancy – Currently 96% Occupied with a Strong History of Low Vacancies
- Prime Location – 6 Miles to Downtown Clearwater, 7 Miles to Interstate 275, 16 Miles to Downtown St. Petersburg, the Property Provides Access to West Florida's Largest Cities.
- Durable Construction – Concrete Construction Provides Enduring Strength of Structure
Exclusively Listed By
Listing Price: $4,300,000
Investment Highlights
- All Tenants on Month-to-Month Leases Providing Opportunity to Immediately Raise Rents and Increase NOI
- Strong Occupancy – Currently 96% Occupied with a Strong History of Low Vacancies
- Prime Location – 6 Miles to Downtown Clearwater, 7 Miles to Interstate 275, 16 Miles to Downtown St. Petersburg, the Property Provides Access to West Florida's Largest Cities.
- Durable Construction – Concrete Construction Provides Enduring Strength of Structure
Investment Overview
Marcus & Millichap, acting as exclusive advisor, is pleased to present for sale Largo Small-Bay (the “Property”), a ±32,500-square-foot, small-bay industrial property consisting of three concrete buildings located in Largo, Florida. Largo is the third-largest city in Pinellas County and is part of the Tampa Bay-St. Petersburg Area. The Property is located seven miles from Interstate 275, six miles from downtown Clearwater, and 16 miles from downtown St. Petersburg, providing access to all of Western Florida’s largest cities and surrounding areas. Largo Small Bays is currently 95-percent occupied with a diverse mix of tenants and has historically maintained high occupancies. All tenants are on month-to-month leases, presenting an excellent opportunity to significantly enhance NOI by adjusting rents. The Property includes 88 bays across 3 buildings on 2.1 acres. 68 of the bays are 386 square feet in approximately 14-foot high buildings, while the remaining 20 bays are 309 square feet in approximately 11-foot high buildings. In addition, two of the buildings had new roofs installed in 2024 with 20-year warranties, and the roof of the third building was installed in 2000. The Property is just north of Ulmerton Road, on Lake Avenue, which sees a daily vehicle count of over 57,800 cars. Largo Small Bays offers investors the unique opportunity to acquire a small-bay industrial property, with steady cash flows and the opportunity for rent growth, in a prime location in the Tampa-St. Petersburg Metropolitan Area.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
