Largo, FL
Commercial Real Estate Market Trends & Data

$277 Avg asking sale price
$216 Avg asking lease rate
9,023 SF Avg unit lease size
7,538 SF Avg building size for sale
6.85% Average cap rate

Largo's Demographic Profile

Largo has 39,721 households and a median income of $53,445, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 83,605
# Households 39,721
Median age 49
Median household income $53,445
Avg household size 2.0
Renter-occupied housing units 15,843
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Largo, FL

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Largo $224 4,934 SF 11.22%
Pasadena $323 6,765 SF 11.90%
Belleair $323 19,479 SF 6.36%
Clearwater $254 7,040 SF 11.22%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Largo $225 6,595 SF 6.75%
Pasadena $248 11,520 SF 6.75%
Clearwater $241 10,475 SF 6.75%
Pinellas Park $202 10,710 SF 6.56%
Nearby Retail Markets Avg Cost/SF Typical Size
Largo $325 9,620 SF
Belleair Bluffs $273 9,039 SF
Pasadena $477 8,037 SF
Belleair $223 10,223 SF
Clearwater $462 9,497 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Largo $241 12,621 SF 7.56%
Pasadena $445 10,373 SF 9.41%
Belleair $378 3,514 SF 8.40%
Belleair Beach $706 5,950 SF 9.41%
Clearwater $308 11,022 SF 9.41%

Commercial Properties For Sale in Largo

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

8240 118th Ave N

Largo, FL 33773

  • 2,500 SF Office Building
  • $549,000
For Sale

Chipotle | Largo, FL (St Pete-Clearwater)

Largo, FL 33774

  • 3,441 SF Retail Building
  • 4.75% Cap Rate
  • $4,605,000
For Sale

12433 66th St N

Largo, FL 33773

  • 2,940 SF Flex Building
  • $1,499,000
For Sale

The Antique Alley in Belleair Bluffs

  • Retail Building
  • 6.00% Cap Rate
  • $1,700,000
For Sale

Bldg 12

Largo, FL 33771

  • 5,140 SF Office Building
  • $275,000
For Sale

4-parcel assemblage

Largo, FL 33770

  • 0.47 AC Lot
  • 1 Commercial Lot
  • $990,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Largo pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Largo $277 7,538 SF
Belleair Bluffs $280 8,807 SF
Pasadena $414 10,132 SF
Belleair $255 14,871 SF
Belleair Beach $511 9,761 SF

Regional Demographic Comparison

This comparison places Largo alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Largo or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Largo 83,605 39,721 49 $53,445 2 15,843 1%
Belleair Bluffs 2,488 1,282 57 $64,615 2 417 1%
Pasadena 958,968 443,437 49 $63,978 2 154,751 1%
Belleair 4,534 2,145 62 $115,677 2 301 2%
Belleair Beach 2,108 970 60 $128,779 2 124 7%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Largo, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Largo

View All Commercial Real Estate For Sale in Largo
Is Largo a good market for a first-time commercial real estate investor?

Largo offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Largo?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Largo. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Largo?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Largo. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Largo compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Largo. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Largo acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Largo, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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