Freestanding Two-Suite Retail
For Sale
Contact for pricing
26024 US Hwy 19 N, Clearwater, FL 33763
Both suites have month-to-month tenants, and a billboard generates supplemental income.
Property Size4,414 SF
Price / SF$316.04
Days on Market8
Property Features for 26024 US Hwy 19 N
General Information
Standard status
Active
Size
4,414 SF
Property subtype
RETAIL
Occupancy
100%
Additional Details
Highway Access
Yes
Amenities
billboard
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
A.R.K. Property Solutions, Inc.
(727) 796-2684
Listed By:
Benjamin Kreloff
(727) 643-2314
Source:
Moodyscre
Added: Oct 1
Changed: Oct 8
Last Checked: Oct 7 at 2:15PM
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 A.R.K. Property Solutions, Inc.
Investment Insights
Based on property information with market context.
This freestanding retail building is divided into two suites measuring 2,020 SF and 2,384 SF. Both are occupied by tenants on month-to-month agreements, and a billboard contributes supplemental income.
The property fronts US Highway 19 in Clearwater, with access to US 19 and Gulfto-Bay Blvd. It is situated in a commercial corridor with national and local businesses, and provides access throughout Pinellas County.
The property fronts US Highway 19 in Clearwater, with access to US 19 and Gulfto-Bay Blvd. It is situated in a commercial corridor with national and local businesses, and provides access throughout Pinellas County.
Key Highlights
- Two suites measure 2,020 SF and 2,384 SF
- Both suites are occupied by month‑to‑month tenants
- Freestanding retail building with US Highway 19 frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,836
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,056,720
$1.1M
Cap Rate 7%
$754,800
$754.8K
Cap Rate 9%
$587,067
$587.1K
Market Conditions
NOI Build-Up for 4,414 SF
Gross rent
$79.5K $18.00/SF
− Vacancy
−$4.0K −$0.90/SF
EGI
$75.5K $17.10/SF
− OpEx
−$22.6K −$5.13/SF
NOI
$52.8K $11.97/SF
Area
Clearwater, FL
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,056,720
Cap Rate 7%
$754,800
Cap Rate 9%
$587,067
Alternative Uses
Best Use
Retail
$754.8K
$660.5K – $880.6K
NOI $52,836 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,687 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,310
Businesses Nearby
Explore this area
Business Placement
Demographics for 33763, FL
18,981
Population
11,638
Households
1.6
Avg Household Size
58
Median Age
28%
College-Educated
93%
High-School Grad
3.4 sq mi
ZIP Area
5,583
Density / Sq Mi
$53,552
Median Household Income
$36,730
Median Earnings
$1,447
Median Rent
$215,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Both suites have month-to-month tenants, and a billboard generates supplemental income.
Where is this retail space located?
The property is located at 26024 US Hwy 19 N Clearwater, FL.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Two suites measure 2,020 SF and 2,384 SF; Both suites are occupied by month‑to‑month tenants; Freestanding retail building with US Highway 19 frontage
