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    4223 Us Highway 19 Palmetto, FL 34221

    For Sale
    $400,000

    Prime Hwy 19 location, high visibility, great potential.

    Property size:
    3,756 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 3,756 square foot mixed-use property, situated on a 0.69-acre lot at 4223 US Highway 19 in Palmetto, Florida, presents a compelling investment opportunity. Boasting a prominent location with direct frontage on Highway 19, this property benefits from an impressive daily traffic count exceeding 11,000 vehicles. The existing commercial building, currently framed for residential use, offers a cost-effective solution for a customized interior build-out, tailored to your specific business needs. A large parking lot provides ample space for customer parking, and a substantial rear area is ideal for fleet storage. Zoned NC-M (Neighborhood Commercial Medium), this versatile property allows for numerous commercial uses

    Property Features for 4223 Us Highway 19

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,756 SF
    Lot Size
    30,056 SF

    Building Details

    Year Built
    1957
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmetto
    County
    Manatee
    State
    Florida
    Longitude
    -82.56503
    Latitude
    27.55226

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Hwy 19 location, high visibility, great potential.
    Where is this mixed-use property located?
    The property is located at 4223 Us Highway 19 Palmetto, FL.
    What is the asking price?
    The asking price for this property is $400,000.
    (941) 954-5454
    Request Owner's contact information
    4223 Us Highway 19 Palmetto, FL 34221
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    Palmetto, FL 34221
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    Realmo Value Estimation

    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.

    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.

    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
    4223 Us Highway 19 Palmetto, FL 34221
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