Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail/Office Space on US Highway Title is generated by Realmo AI

    39040 US Highway 19 North, Tarpon Springs, FL 34689

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Retail or office spaces available on US Highway 19 North.

    Type:SCR
    Property size:
    2,160 SF
    Added:
    Aug 11, 2023
    Days on Market:
    1027
    Last Refresh:
    Apr 3 at 5:04 am

    Property Features for 39040 US Highway 19 North

    General Information

    Standard status
    Active
    Size
    2,160 SF
    Property subtype
    SCR

    Spaces For Lease

    at 39040 US Highway 19 North Contact us

    We can help!

    Listing Contact
    Deana Auld

    Listing agent Deana Auld License #SL3293821, FL

    Listing office KW Commercial | Clearwater | Deana Auld

    Listing date Aug 11, 2023

    Source Realnex

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial | Clearwater | Deana Auld

    HighLights

    • Immediate occupancy available for 720 SF and 2,160 SF end units.
    • Great location on US Highway 19 N in Tarpon Springs.
    • Suitable for all retail types, despite current office build‑out.
    • Water, sewer, and trash are included in the rent.
    • Permitting is underway for a parking lot refresh.
    • End unit availability.

    Overview

    Located on US Highway 19 N in Tarpon Springs, this property offers 720 SF and 2,160 SF end units available for immediate occupancy. While currently built out as office spaces, these units are suitable for all retail types. The rent includes water, sewer, and trash services. Permitting is underway for a parking lot refresh.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tarpon Springs
    County
    Pasco
    State
    Florida
    Longitude
    -82.740251
    Latitude
    28.132198

    Nearby Similar for Lease

    • $117,240 SF/Yr
      5,489 SF

      Remodeled Retail Plaza on US Highway

      Remodeled retail spaces available on a high-traffic corridor.
      39930 US HIGHWAY 19 N 39930, Tarpon Springs, FL 34689
      View Details
    • $38,448 SF/Yr
      5,489 SF

      Remodeled Retail Plaza on US Highway

      Remodeled retail spaces with high visibility and traffic.
      39920 US HIGHWAY 19 N 39920, Tarpon Springs, FL 34689
      View Details
    • $144,000 SF/Yr
      12,000 SF

      Tarpon Springs Warehouse with Spray Booth

      Flexible warehouse space with paint spray booth, ideal for auto repair.
      1468 L AND R INDUSTRIAL Blvd Bldg. B, Tarpon Springs, FL 34689
      View Details
    • $55,000 SF/Yr
      5,000 SF

      Tarpon Springs Flex Space Available

      5,000 SF flex space in Tarpon Springs, Florida.
      40349 US HIGHWAY 19 N 308, Tarpon Springs, FL 34689
      View Details
    • $117,240 SF/Yr
      5,489 SF

      Remodeled Retail Plaza on US Highway

      Remodeled retail spaces available on high-traffic US Highway 19.
      39930-39930 Us Highway 19 N, Tarpon Springs, FL
      View Details
    • $240,000 SF/Yr
      20,000 SF

      Tarpon Springs Warehouse with Paint Booth

      20,000 SF warehouse with office, paint booth, and storage.
      1500 L AND R INDUSTRIAL Blvd D, Tarpon Springs, FL 34689
      View Details
    • $38,448 SF/Yr
      1,800 SF

      Remodeled Retail Plaza on US Highway

      Remodeled retail spaces available on high-traffic US Highway 19.
      39920-39920 Us Highway 19 N, Tarpon Springs, FL
      View Details
    • $12,000/Mo

      Tarpon Avenue Professional Office Space

      Turnkey office space with shared amenities in a visible location.
      600 E TARPON Ave, Tarpon Springs, FL 34689
      View Details
    • $13 SF/Yr
      800 SF

      Professional Office Space Available

      800 SF office space in Tarpon Professional Center.
      1501 S Pinellas Ave, Tarpon Springs, FL
      View Details
    • $90,608 SF/Yr

      Newly Renovated Professional Office Space

      Class A office space near Advent Health North Pinellas Hospital.
      1200 S PINELLAS Ave, Tarpon Springs, FL 34689
      View Details
    • $1,000/Mo
      600 SF

      Retail/Office Space on US Hwy

      Two 600 SF units available in well-maintained Tarpon Springs center.
      40417 US Hwy 19 N, Tarpon Springs, FL
      View Details
    • $11 SF/Yr
      2,734 SF

      Freestanding One-Story Building For Rent

      One-story, 2,734 SF building for rent on Belcher Rd.
      Belcher Rd, Tarpon Springs, FL
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail or office spaces available on US Highway 19 North.
    Where is this retail space located?
    The property is located at 39040 US Highway 19 North Tarpon Springs, FL.
    What are key features of this property?
    This property features: Immediate occupancy available for 720 SF and 2,160 SF end units.; Great location on US Highway 19 N in Tarpon Springs.; Suitable for all retail types, despite current office build‑out.
    (727) 409-4273
    We can help!
    Listing Contact
    Deana Auld
    Real Estate License ID: SL3293821, FL
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    39040 US Highway 19 North, Tarpon Springs, FL 34689
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!