28910 US HIGHWAY 19, Clearwater, FL 33761
2.67-acre redevelopment site with high traffic and income potential.
- Added:
- Apr 29, 2025
- Days on Market:
- 412
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 28910 US HIGHWAY 19
General Information
- Standard status
- Active
- Size
- 7,932 SF
Building Details
- Year Built
- 1985
Listing agent MARK GANIER
Listing office RE/MAX REALTEC GROUP INC
Listing date Apr 29, 2025
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX REALTEC GROUP INC
HighLights
- Prime 2.67‑acre redevelopment site on U.S. Highway 19 N.
- CP Zoning suitable for various uses: restaurant, shopping complex, hotel, medical offices, healthcare facility, or doggie day‑care.
- High traffic location: 90,000 trips per day on U.S. Highway 19.
- Existing 9,376 SF restaurant building on site.
- Billboard on property generates monthly income.
- Survey and Engineering Documentation available to qualified buyer.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.3k | $19.20 |
| − Vacancy | −$6.9k | −$0.86 |
| EGI | $145.4k | $18.34 |
| − OpEx | −$36.4k | −$4.58 |
| NOI | $109.1k | $13.75 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7389
- Latitude
- 28.035