Highway-Frontage Retail
For Sale
Contact for pricing
29192-94 US HWY 19 N, Clearwater, FL 33761
Plaza unit with direct exposure along US Hwy 19 N and access to shared parking.
Property Size14,000 SF
Days on Market176
Property Features for 29192-94 US HWY 19 N
General Information
Standard status
Active
Size
14,000 SF
Property subtype
Commercial
Building Details
Building Size
14,000 SF
Year Built
1983
Stories
1
Listing Agency:
Equator Realty
Listed By:
Roberto Gonzalez
(305) 793-6430
Source:
Elliman
Added: Apr 24
Changed: Oct 6
Last Checked: Oct 15 at 1:10AM
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 Equator Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space provides 1,000 square feet within a shopping plaza fronting US Hwy 19 N. The unit is suited to a range of small-business formats, with larger units also available in the plaza. Water and trash service are included for most businesses.
The property offers more than 260 parking spaces for customers and staff. It is positioned near downtown Clearwater, with access to the broader Clearwater area and nearby New Port Richey and Tampa. The building was constructed in 1983. WalkScore, BikeScore, and transitScore are 35, 38, and 22, respectively, reflecting a primarily automobile-oriented setting with limited transit access.
The property offers more than 260 parking spaces for customers and staff. It is positioned near downtown Clearwater, with access to the broader Clearwater area and nearby New Port Richey and Tampa. The building was constructed in 1983. WalkScore, BikeScore, and transitScore are 35, 38, and 22, respectively, reflecting a primarily automobile-oriented setting with limited transit access.
Key Highlights
- 1,000 square feet of retail space
- Frontage along US Hwy 19 N
- Plaza provides over 260 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$167,580
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,351,600
$3.4M
Cap Rate 7%
$2,394,000
$2.4M
Cap Rate 9%
$1,862,000
$1.9M
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$252.0K $18.00/SF
− Vacancy
−$12.6K −$0.90/SF
EGI
$239.4K $17.10/SF
− OpEx
−$71.8K −$5.13/SF
NOI
$167.6K $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%
$3,351,600
Cap Rate 7%
$2,394,000
Cap Rate 9%
$1,862,000
Alternative Uses
Best Use
Retail
$2.39M
$2.09M – $2.79M
NOI $167,580 @ 7.0% cap · market cap 3,990.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.93M
$3.44M – $4.58M
NOI $274,947 @ 7.0% cap · market cap 6,546.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
918
Businesses Nearby
Explore this area
Business Placement
Demographics for 33761, FL
18,761
Population
9,829
Households
1.9
Avg Household Size
54
Median Age
38%
College-Educated
94%
High-School Grad
5.1 sq mi
ZIP Area
3,679
Density / Sq Mi
$71,839
Median Household Income
$50,110
Median Earnings
$1,711
Median Rent
$271,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Plaza unit with direct exposure along US Hwy 19 N and access to shared parking.
Where is this retail space located?
The property is located at 29192-94 US HWY 19 N Clearwater, FL.
What are key features of this property?
This property features: 1,000 square feet of retail space; Frontage along US Hwy 19 N; Plaza provides over 260 parking spaces
