2644 STATE RD 590, CLEARWATER, FL 33759-2227

ATTRACTIVE ACQUISITION BASIS

• Low Entry Point in Clearwater, FL: Offered at $800,000, the property provides an attractive acquisition basis within the Clearwater market.

• Competitive Price Per Square Foot: Priced at approximately $165/SF, the asset offers a low cost basis for a freestanding building in the Tampa Bay MSA.

• Freestanding Building on Nearly Half an Acre: The property consists of a 4,862 SF building situated on 0.46 acres, providing flexibility for future use or site reconfiguration.

INFILL CLEARWATER LOCATION

• Located Along State Road 590: Positioned directly on State Road 590, the property benefits from visibility and accessibility within an established Clearwater corridor.

• Dense Surrounding Area: The site is surrounded by residential neighborhoods, schools, commercial uses, and key regional roadways.

• Proximity to Major Commercial Corridors: Positioned near Clearwater’s key commercial corridors, providing convenient access to nearby retail, employment, and residential demand drivers.

REPURPOSE / REDEVELOPMENT OPPORTUNITY

• Former School Facility: Former school property offering investors or owner-users the ability to repurpose, reposition, or redevelop the asset for a variety of potential uses.

• Adaptive Reuse Potential: Existing layout may support educational, childcare, office, medical, nonprofit, or community-oriented uses, subject to zoning approvals.

• Flexible Investment Strategy: Vacant/former school configuration allows a buyer to customize the asset for occupancy, lease-up, redevelopment, or long-term hold strategies.