Largo, Florida, offers a unique opportunity for investors to capitalize on the growing demand for warehouses in the area. With a population of approximately 80,000 residents, Largo has become a hub for businesses and industries seeking to establish a presence in the Tampa Bay area. Warehouses in Largo for sale present a compelling investment opportunity, given the city's strategic location and access to major transportation routes. The city's history as a citrus packing and shipping center has laid the groundwork for a strong logistics and distribution infrastructure, making it an attractive location for businesses requiring warehouse space. Additionally, Largo's proximity to Tampa International Airport and St. Petersburg–Clearwater International Airport provides easy access to national and international markets. The city's amenities, such as the Largo Medical Center and the Largo Public Library, also contribute to its appeal as a business destination. Notable companies like the Hospital Corporation of America (HCA) have already established a presence in Largo, further solidifying the city's reputation as a desirable location for businesses.
Currently, there are 12 warehouses for sale in Largo, offering a range of options for investors. The average price per square foot for these properties is $215 USD, with an average size of 20,849 square feet. The largest warehouse available for sale in Largo spans 42,407 square feet. In addition to warehouses, Largo also offers a range of other commercial properties, including industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Largo are well-suited for businesses requiring large-scale manufacturing or storage facilities. Land for sale in Largo presents opportunities for developers to build new projects, from residential communities to commercial complexes. Residential income homes in Largo offer a chance for investors to capitalize on the city's growing rental market. Commercial real estate in Largo encompasses a range of properties, from office buildings to retail spaces, catering to the diverse needs of businesses in the area. Overall, Largo's diverse range of commercial properties makes it an attractive location for investors seeking to expand their portfolios.
What are the key features investors look for in warehouses in Largo?
When it comes to warehouses in Largo, investors typically look for key features that ensure a strong return on investment, including:
- Location: Proximity to major transportation hubs, such as Tampa International Airport and St. Petersburg–Clearwater International Airport, as well as easy access to Interstate 275 and US 19, which can facilitate efficient logistics and supply chain management.
- Space and layout: Warehouses with flexible layouts and ample space, such as those with an average size of 20,849 square feet, can accommodate a variety of uses and tenants, making them more attractive to investors.
- Condition and amenities: Modern amenities, such as climate control, security systems, and loading docks, can increase the value of a warehouse and attract higher-paying tenants, making it a more desirable investment opportunity.
What size warehouses are available to buy in Largo?
Warehouse buyers in Largo can find properties ranging in size from approximately 4,000 square feet to 42,407 square feet, with an average size of 20,849 square feet.
How much does it cost to buy a warehouse in Largo?
Currently, there are 12 warehouses for sale in Largo, with an average price per square foot of $215 USD and an average size of 20,849 square feet, ranging from smaller facilities to larger ones with a maximum size of 42,407 square feet.
