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Freestanding Flex Space
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904 Anclote Road, Tarpon Springs, FL 34689

One-story commercial property with E-1 zoning, outdoor space, and access to US Highway 19.

Property Size14,400 SF
Lot Size1.27 Acres
Price / SF$173.61
Days on Market62

Property Features for 904 Anclote Road

General Information

Standard status Active
Size 14,400 SF
Total Parking Spaces 20
Lot size 1.27 Acres
Property subtype Industrial, Mixed Use
Zoning E1 (Employment-1)
Investment Type Owner/User

Additional Details

Highway Access Yes

Building Details

Year Built 1980
Stories 1
Building Size 14,400 SF
Listing Agency: Transworld Commercial Real Estate
Listed By: Alan Kaye · License #FL
Source: Crexi
Added: Aug 10 Changed: Sep 18 Last Checked: Oct 9 at 6:39PM

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 Transworld Commercial Real Estate

Investment Insights

Based on property information with market context.

Freestanding flex space comprising approximately 14,400 SF on a 1.27-acre site. Built in 1980, the one-story property includes on-site parking and outdoor space, with E-1 (Employment-1) zoning supporting commercial and light industrial uses. The site also has room for additional SF or a second story.

The property is located at 904 Anclote Road in Anclote Industrial Park, Tarpon Springs, FL. Access to US Highway 19 and other major roadways connects the site with Clearwater, Palm Harbor, New Port Richey, Tampa, and St. Petersburg. The surrounding area includes commercial, industrial, retail, and residential development within northern Pinellas County.

Key Highlights

  • 14,400 +/- SF freestanding commercial building
  • 1.27 +/- acre site in Anclote Industrial Park
  • E‑1 (Employment‑1) zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$130,279
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,605,580 $2.6M
Cap Rate 7%
$1,861,129 $1.9M
Cap Rate 9%
$1,447,544 $1.4M
Market Conditions
NOI Build-Up for 14,400 SF
Gross rent
$212.5K $14.76/SF
− Vacancy
−$12.1K −$0.84/SF
EGI
$200.4K $13.92/SF
− OpEx
−$70.2K −$4.87/SF
NOI
$130.3K $9.05/SF
Area
Pinellas County, FL
Vacancy
5.70%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,605,580
Cap Rate 7%
$1,861,129
Cap Rate 9%
$1,447,544

Alternative Uses

Best Use
Flex RnD
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,279 @ 7.0% cap · market cap 5.21%
Second Best
Industrial
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,608 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$3.75M
$3.28M – $4.37M (±1% cap)
NOI $262,189 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Sun-Rock Inc Industrial Manufacturer

Suggested Use

Top Pick Restaurant Real Estate Agency Law Firm Spa & Massage Center Auto Parts Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

338
Businesses Nearby
Under-served
Demand for This Use

Demographics for 34689, FL

27,436
Population
14,193
Households
1.9
Avg Household Size
53
Median Age
32%
College-Educated
93%
High-School Grad
10.6 sq mi
ZIP Area
2,588
Density / Sq Mi
$66,523
Median Household Income
$45,294
Median Earnings
$1,207
Median Rent
$311,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - One-story commercial property with E-1 zoning, outdoor space, and access to US Highway 19.
Where is this flex space located?
The property is located at 904 Anclote Road Tarpon Springs, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 14,400 +/- SF freestanding commercial building; 1.27 +/- acre site in Anclote Industrial Park; E‑1 (Employment‑1) zoning
More about this property
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