Largo, Florida, offers a unique opportunity for investors to capitalize on the city's growing demand for office properties. With a population of approximately 80,000 residents, Largo has established itself as a hub for services, retail sales, and healthcare. The city's strong economy, coupled with its proximity to major transportation hubs like Tampa International Airport and St. Petersburg–Clearwater International Airport, makes it an attractive location for businesses. Office properties in Largo offer a range of investment opportunities, from small, boutique offices to larger, more traditional spaces. The city's amenities, including the Largo Medical Center and the Largo Public Library, provide a high quality of life for residents and employees alike. Additionally, Largo's location on the Pinellas Peninsula, near the Gulf of Mexico and Tampa Bay, offers a unique blend of natural beauty and economic opportunity. The city's elevation, ranging from sea level to about 69 feet, and its humid subtropical climate, make it an ideal location for businesses looking to establish a presence in the Tampa Bay area.
Currently, there are 20 office properties available for sale in Largo, offering a range of investment opportunities. The average price per square foot for these properties is $282 USD, with an average size of 13,406 square feet. The largest property available is 73,820 square feet. In addition to office properties, Largo also offers a range of other commercial real estate options, including commercial properties, apartment buildings, shopping centers, and hotels. Commercial properties in Largo offer a range of investment opportunities, from small, retail spaces to larger, industrial properties. Apartment buildings in Largo provide a unique opportunity for investors to capitalize on the city's growing demand for rental properties. Shopping centers in Largo offer a range of retail spaces, from small, boutique stores to larger, big-box retailers. Hotels in Largo provide a unique opportunity for investors to capitalize on the city's growing tourism industry. Overall, Largo offers a range of investment opportunities for businesses and investors looking to establish a presence in the Tampa Bay area.
What is the average price per square foot for office properties in Largo?
The average price per square foot for office properties in Largo is $282 USD.
What should I know about office property classifications (Class A, B, C)?
When searching for office properties for sale in Largo, it's essential to understand the classification system, which helps investors and tenants evaluate the quality and amenities of a property.
- Class A office properties are typically high-rise buildings with top-notch amenities, modern infrastructure, and prime locations, often attracting high-end tenants and commanding higher rental rates.
- Class B office properties offer functional and efficient space with average amenities, suitable for a wide range of tenants, and are often priced lower than Class A properties.
- Class C office properties are typically older buildings with limited amenities, often in need of renovation, and are usually the most affordable option, appealing to budget-conscious tenants or those requiring minimal amenities.
With 20 available listings of office properties in Largo, understanding these classifications can help you make an informed decision when searching for the right property to suit your needs.
