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2401 W Bay Dr
Largo, FL 33770
9.33% CAP – Yr Two Pro Forma · Office Property For Sale
Investment Highlights
- Raymond James Office Park 50,807 Square Feet on 4.2 Acres of Land with 450+ feet of frontage along West Bay Drive in Largo, Florida
- Tremendous Upside by Converting all Short-Term, Below Market, Gross Leases to Net Leases by Passing Through CAM, Taxes and Insurance
- Largo, Florida Population 82,485 and Fourth Largest City in the Tampa Bay Area
Property Facts
Property Type
Office
Building Size
48,035 SF
Building Class
B
Year Built/Renovated
1925/2000
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,055 SF
Building FAR
1.55
Lot Size
0.71 AC
Parking
180 Spaces (3.75 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 32-29-15-00000-410-0100 | Improvements Assessment | $2,963,700 |
| Land Assessment | $1,496,300 | Total Assessment | $4,460,000 |
Property Taxes
Parcel Number
32-29-15-00000-410-0100
Land Assessment
$1,496,300
Improvements Assessment
$2,963,700
Total Assessment
$4,460,000
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