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2.67-Acre Redevelopment Site on US-19

28910 US HIGHWAY 19 N, Clearwater, FL 33761

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For Sale

$1,900,000

2.67-acre redevelopment site suitable for various commercial uses.

Type:Commercial

Property size:

9,376 SF

Lot size:

2.67 Acres

Price / SF:

$202/SF

We can help!

Contact an agent

Mark Ganier

Real Estate License ID: 201

HighLights

Prime 2.67‑acre redevelopment site on U.S. Highway 19 N.
High traffic location: 90,000 trips per day on U.S. Highway 19.
CP Zoning suitable for various uses: restaurant, shopping complex, hotel, medical offices, etc.
Existing 9,376 SF restaurant building on site.
Billboard on property generates monthly income.
Survey and Engineering Documentation available for qualified buyer.

For Sale

$1,900,000

2.67-acre redevelopment site suitable for various commercial uses.

Type:Commercial

Property size:

9,376 SF

Lot size:

2.67 Acres

Price / SF:

$202/SF

Added:: Mar 11, 2026
Days on Market:: 118
Last Refresh:: Jul 2 at 7:35 pm

Property Features for 28910 US HIGHWAY 19 N

General Information

Standard status: Active
Size: 9,376 SF
Lot size: 2.67 Acres
Property subtype: Commercial

Building Details

Year Built: 1985

We can help!

Contact an agent

Mark Ganier

Listing office RE/MAX REALTEC GROUP INC

Listing date Mar 11, 2026

Source Elliman

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 RE/MAX REALTEC GROUP INC

HighLights

Prime 2.67‑acre redevelopment site on U.S. Highway 19 N.
High traffic location: 90,000 trips per day on U.S. Highway 19.
CP Zoning suitable for various uses: restaurant, shopping complex, hotel, medical offices, etc.
Existing 9,376 SF restaurant building on site.
Billboard on property generates monthly income.
Survey and Engineering Documentation available for qualified buyer.

Overview

This 2.67-acre redevelopment site is located on U.S. Highway 19 N. The property currently features a 9,376 square foot restaurant building, formerly Hamburger Mary’s Bar & Grille. The CP Zoning is suitable for a specialty destination restaurant or shopping complex, a mid-sized hotel, medical offices, healthcare facility, doggie day-care center, or similar uses. U.S. Highway 19 is a busy north/south highway with a traffic volume of 90,000 trips per day. Survey and engineering documentation for the site relating to the U.S. Highway 19 reconstruction are available to a qualified buyer. There is a billboard on the property that generates monthly income, and a copy of the lease is available upon signing a non-disclosure document.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$244.2k	$26.04
− Vacancy	−$18.8k	−$2.01
EGI	$225.4k	$24.03
− OpEx	−$56.3k	−$6.01
NOI	$169.0k	$18.03

9,376 SF · lease $26.04/SF/yr · vacancy 7.70% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.41M

$2.11M – $2.82M (±1% cap)

NOI $169,014 @ 7.0% cap · market cap 8.90%

Second Best

Specialty Retail

$1.84M

$1.61M – $2.15M (±1% cap)

NOI $128,939 @ 7.0% cap · market cap 6.79%

Theoretical Best

Office A

$2.63M

$2.30M – $3.07M (±1% cap)

NOI $184,136 @ 7.0% cap · market cap 9.69%

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

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Clearwater
County: Pinellas
State: Florida
Longitude: -82.7389
Latitude: 28.035

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For sale
Commercial land
FL
Clearwater
33761
28910 US HIGHWAY 19 N

What type of property is this?

Commercial land - 2.67-acre redevelopment site suitable for various commercial uses.

Where is this commercial land located?

The property is located at 28910 US HIGHWAY 19 N Clearwater, FL.

What is the asking price?

The asking price for this property is $1,900,000.

What are key features of this property?

This property features: Prime 2.67‑acre redevelopment site on U.S. Highway 19 N.; High traffic location: 90,000 trips per day on U.S. Highway 19.; CP Zoning suitable for various uses: restaurant, shopping complex, hotel, medical offices, etc.

28910 US HIGHWAY 19 N, Clearwater, FL 33761

2.67-acre redevelopment site suitable for various commercial uses.

Property Features for 28910 US HIGHWAY 19 N

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

First-Floor Office Condo Suites

Clearwater Office on US Highway

Two-Story Office Building with Parking

Renovated Commercial Building in Clearwater

Two-Story Office Building with Parking

Clearwater Stand Alone Office Building

Clearwater Mixed-Use Development Opportunity

Renovated 6-Unit Multifamily Property

Six-Unit Multifamily with Parking

Clearwater Commercial Building For Sale

Clearwater Office Property on Harrison

Warehouse and Office with Storage

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