Updated Oct 12, 2026
Lincoln Avenue Communities Purchases Residential Development Site In Largo For $3.75M With KSR Brokers
6727 126th Avenue North
$3,750,000
$16/SF
Building Size
222,156 SF
Asset Type
Development Site
Closing
Jun 8, 2025
About this deal
AI
The property involved in this transaction is a residential development site located at 6727 126th Avenue North in Largo, FL. The site extends over 5.1 acres, with a price per acre calculated at $735,294. The overall sale price for the property is $3,750,000.
Summary of transaction details:
- Property Type: Residential Development Site
- Transaction Amount: $3,750,000
- Address: 6727 126th Avenue North
- Market: Largo, FL
- Acres: 5.1
- Price Per Acre: $735,294
- Buyer: Lincoln Avenue Communities - Alex Lee & Avinoam Baral
- Seller: Tomasz Rzedzian
- Brokers: Joseph Kassin, David Warren, Ronnie Shaban & Steven Pollan - KSR
The transaction features buyers Alex Lee and Avinoam Baral representing Lincoln Avenue Communities, while the seller of the property is Tomasz Rzedzian. The brokerage involved in this transaction includes Joseph Kassin, David Warren, Ronnie Shaban, and Steven Pollan from KSR, showcasing a collaborative effort in facilitating the sale.
On the Map
$3,750,000
$16/SF
Development Site
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Players
Largo Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Deal FAQ
About $16 per square foot on a published $3.8M for 222,156 square feet (2025).
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Browse Largo development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93