Technical
Financial
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Property profile

24479 Us Highway 19 Clearwater, FL 33763

OFF-MARKET
Land
2.58 ac lot
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Property summary

AI-generated overview

This exceptional 2.58-acre commercial parcel is available for sale or ground lease, situated on US Highway 19 North in Clearwater, Florida, within the Tampa MSA. Boasting excellent visibility from US-19, which sees an impressive 99,000 average annual daily traffic (AADT), this property offers significant potential for a wide range of commercial uses, thanks to its US Hwy 19 Corridor zoning. The land is an outparcel to Aventon Lana, a newly constructed, 396-unit luxury apartment complex with starting rents of $1,940 per unit, ensuring a strong and immediate customer base. The location provides easy and direct access to US Hwy 19 via a frontage road, maximizing convenience and accessibility. The property is conveniently located just north of the intersection of US Hwy 19 and Sunset Road, placing it in close proximity to a thriving retail environment. Nearby established businesses include Sprouts, Publix, Hobby Lobby, Barnes & Noble, and Five Below, further enhancing the site's desirability and potential for success. The Pinellas County property (APN: 05-29-16-01833-000-0010) presents a compelling investment opportunity with its high visibility, convenient location, and strong surrounding demographics. The asking price is $4,700,000.

Property profile

Verified
Property type Land
Lot 2.58 ac (112,385 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Landscaping General Contractor

Location

24479 Us Highway 19 Clearwater, FL 33763
Clearwater metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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