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Antique Alley 580 Indian Rocks Rd N 12,448 SF 100% Leased Retail Building Belleair Bluffs, FL 33770 $1,700,000 ($136.57/SF) 6% Cap Rate
Executive Summary
Created in the late 1950’s, the Antique Alley in Belleair Bluffs, FL has been a beehive of retail activity ever since. Over the years, The Alley was often an incubator for retailers that began there and then moved on to larger retail footprints in the same booming trade market. The Shops on The Alley now include an eclectic mix with a wide variety of products and services, but with a common thread. Each provide something that is unique and hard to find elsewhere.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
12,448 SF
Year Built/Renovated
1951/1985
Price
$1,700,000
Price Per SF
$136.57
Cap Rate
6%
NOI
$101,988
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.09 AC
Zoning
ROR - Residential Office Retail which accommodates a variety of commercial uses.
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 32-29-15-92556-000-0043 | Improvements Assessment | $336,107 |
| Land Assessment | $523,893 | Total Assessment | $860,000 |
Property Taxes
Parcel Number
32-29-15-92556-000-0043
Land Assessment
$523,893
Improvements Assessment
$336,107
Total Assessment
$860,000
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Antique Alley | 580 Indian Rocks Rd N
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