990 Missouri Ave N is a 117,967 sq ft Supermarket in Largo. It was built in 1970. 990 Missouri Ave N sits on 11.25 acres of land. In 2015 similar properties sold for between $12,674,374 and $44,202,235. We estimate the income value of 990 Missouri Ave N at $16,095,514. The assumptions we used to calculate this value are include in the spreadsheet linked below. Largo is in Pinellas County, Florida.

990 Missouri Ave N Property Summary

990 Missouri Ave N
Largo
FL 33770

Property Size:117,967 sq ft
Acreage:11.25
Year Built:1970
Property Class:B3
Lat, Long: 27.927, -82.786

Not Offered for Sale

This property is not currently for sale by Visulate but we may be able to find something similar. Contact us for details.

Google Street View  of 990 Missouri Ave N, Largo, FL 33770
Estimated Value: 990 Missouri Ave N

Market Data

In 2015 class A supermarket properties in Largo sold for $374.71 to 933.18 per sq ft with a median price per sq ft of $933.18. Class B properties sold for $107.44 to 374.70 per sq ft with a median of $258.75 and class C properties sold for $24.95 to 107.43 per sq ft with a median of $107.43.

Market Valuation

990 Missouri Ave N appears to be a B Class property. Suggested value: $30,523,961

HighMedianLow
Value44,202,235 30,523,961 12,674,374

Income Valuation - Residential/Gross Lease

Visulate estimates the income value of this property is $16,095,514. Details of how we produced this estimate value appear below:

The following table shows a income valuation estimate for 990 Missouri Ave N. Download a spreadsheet or click on the Estimate Cashflow link to change its estimates and assumptions. Alternatively, click on the Save button to upload a copy of the spreadsheet to Google Drive.

Amount
Monthly Rent144,313
Annual Rent per Sq Ft14.68
Gross Annual Rent1,731,756
Vacancies and Bad Debt15%
Vacancies and Bad Debt Amount259,763
Maintenance61,343
HOA, Utilities and CAM0
Property Taxes110,656
Insurance114,428
Management Fees58,880
NOI1,126,686
Cap Rate7
Estimated Value16,095,514
Edit Values and Estimate Cashflow Estimate Cashflow
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Page 1 of 2. Click on the Estimate Cashflow link to navigate to Page 2.

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Select a county from the list then click on the links to connect to the Property Appraiser or Clerk of Courts website

Local Household Income

The median household income in this part of Florida is $53,296. The bottom 10% of the population earn less than $17,970 per year. The top 10% earn more than $127,785 per year. The top 1% earn more than $451,975 per year. Most renters earn between $28,812 (20th percentile) and $48,324 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $106,592 and $133,240.

Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates

Local Rents

The median monthly rent in this part of Florida is $925. Most renters earn between $2,401 and $4,027 per month. They typically spend 31% of their monthly income on rent. Most rents fall in the $749 (20th percentile) to $1,223 (80th percentile) range. The residential vacancy rate is 7%.

Links

  1. 990 Missouri Ave N, Largo, FL on Google Maps
  2. 990 Missouri Ave N Walkscore
  3. Largo, FL Property Values on Trulia
  4. Search for EPA and DEP Cleanup Sites

Owner Details

Sales History

DateSold BySold ToDeed TypePrice
08/01/2013 Not Recorded Buyer: 57347 Unknown 7,000,000.00
Disclaimers and Disclosures

Public Records Data

The information on this page was compiled from public records. It is deemed reliable but not guaranteed to be an accurate snapshot of the property details at the time the snapshot was taken. All information should be independently verified.

The Visulate site was produced from data and information compiled from recorded documents and/or outside public and private sources. Visulate is not the custodian of public records and does not assume responsibility for errors or omissions in the data it displays or for its misuse by any individual.

In the event of either error or omission, Visulate and any 3rd party data provider shall be held harmless from any damages arising from the use of records displayed on the site.