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    11400 Us Highway 19 N Clearwater, FL 33764

    Sponsored
    For Sale
    $2,200,000

    Mixed Use - CLEARWATER, FL

    Type:Mixed Use
    Property size:
    9,799 SF
    Lot size:
    2.77 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 16 at 5:06 am

    Property Features for 11400 Us Highway 19 N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Security features
    Security System
    APN
    16-30-16-34092-003-0060
    Size
    9,799 SF
    Lot size
    2.77 Acres

    Utilities

    Cooling system
    Central Air, Zoned

    Building Details

    Year built
    1969
    Building materials
    Block, Stucco
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Stephen Aki

    Palm Life Realty (888) 877-4040

    Listing agent Stephen Aki (888) 877-4040 License #3416853

    Listing date Feb 15, 2026

    MLS# TB8475614 Listing URL

    Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Clearwater Mixed-Use Development Opportunity

    This approximately 2.7-acre parcel, zoned B-1 (General Commercial District), offers flexibility in an active commercial corridor of Pinellas County. The zoning allows for a range of commercial uses and select residential applications, creating potential for mixed-use, professional office, medical, retail, service, hospitality, or flex-industrial development. Situated on the US 19 frontage road, the site benefits from visibility and accessibility. US 19 carries approximately 60,000–70,000 vehicles per day in this corridor. The property is located minutes from Ulmerton Road (SR 688) and Roosevelt Boulevard, offering east–west connectivity, and provides north–south access to St. Petersburg and Tampa. The surrounding area includes established single-family neighborhoods, large multifamily apartment communities, and a commercial presence. The parcel includes an existing industrial/commercial structure formerly used as an HVAC service operation, featuring multiple offices upstairs and downstairs along with ground-level workspace. It is suitable for contractor use, flex-industrial, showroom, or office conversion. A vacant single-family residence is located on the northwest portion of the property with access from 115th Ave N. The structure may be renovated for income-producing use, utilized as interim office space, or removed to accommodate a larger redevelopment plan. Utilities are available and currently connected. The property is located in a non-flood zone. Infrastructure improvements along 58th St N support ease of site preparation and future expansion. The B-1 zoning provides versatility to meet evolving market demands. The site creates opportunities for a professional or medical office campus, retail or service center, flex-industrial or contractor yard, mixed-use redevelopment concept, and hospitality or specialty commercial applications. The property is positioned as an infill redevelopment opportunity in a high-traffic corridor. It has immediate usability and long-term upside potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pinellas Park Heating ... Hardware & Home Improvement

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clearwater
    County
    Pinellas
    State
    Florida
    Longitude
    -82.710785
    Latitude
    27.875949

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    FAQs

    What type of property is this?
    Mixed-use property - 2.7-acre parcel in active commercial corridor with development flexibility.
    Where is this mixed-use property located?
    The property is located at 11400 Us Highway 19 N Clearwater, FL.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - High-traffic location on US 19 with 60,000-70,000 vehicles per day.; - B-1 zoning allows for a broad range of commercial uses.; - Large ±2.7-acre parcel offers significant development flexibility.
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    Clearwater, FL 33764
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11400 Us Highway 19 N Clearwater, FL 33764
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    We can help!
    Listing Contact
    Stephen Aki
    Real Estate License ID: 3416853
    (888) 877-4040 (757) 377-6102
    Learn more
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