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    1010 Alt 19 Palm Harbor, FL 34683
    Property profile & analytics

    1010 Alt 19 Palm Harbor, FL 34683

    View on Map
    • Auto shops
    • 2,312 SF
    • 0.48 lot acres
    For Sale
    $1,400,000
    View Listing →
    Palm Harbor Automotive Business Opportunity For Sale
    $1,400,000
    8,100 SF

    Palm Harbor Automotive Business Opportunity

    Established automotive center for sale in Palm Harbor, Florida.

    1010 ALT 19, Palm Harbor, FL 34683
    View Listing
    Property ID
    US18-4150525
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Intoxalock Ignition Interlock / Building Supply / General Contractor

    Property Details for 1010 Alt 19

    Year built
    1954
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.48 lot acres
    Property size
    2,312 SF
    Property type
    Auto shops
    APN
    01-28-15-88560-094-1400
    APU
    12815885600941400

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,736,000
      Market price range: $481k - $1.74M
      AI Estimate
      $1,736,000
      Market price range: $481k - $1.74M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,440,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Palm Harbor
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7668
    Latitude
    28.0774
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,477
    $0.00
    $0.00
    $980,000
    -
    $483,511
    $496,489
    $980,000

    Comparable in this City

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      5,550 SF

      1012 Florida Ave

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    • Value Estimation by Request
      2,320 SF

      927 Virginia Ave

      AUTO REPAIR, GARAGE • 2,320 SF
      927 Virginia Ave, Palm Harbor, FL 34683-5229
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    • Value Estimation
      $550,000
      1,020 SF

      2509 Alt 19

      AUTO REPAIR, GARAGE • 1,020 SF
      2509 Alt 19, Palm Harbor, FL 34683-2636
      View Details
    • Value Estimation
      $665,000
      1,260 SF

      3102 Alt 19

      AUTO REPAIR, GARAGE • 1,260 SF
      3102 Alt 19, Palm Harbor, FL 34683-1931
      View Details
    • Value Estimation
      $720,000
      960 SF

      1017 Illinois Ave

      AUTO REPAIR, GARAGE • 960 SF
      1017 Illinois Ave, Palm Harbor, FL 34683-4412
      View Details
    • Value Estimation by Request
      1,296 SF

      702 Tampa Rd

      AUTO REPAIR, GARAGE • 1,296 SF
      702 Tampa Rd, Palm Harbor, FL 34683-5454
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,100 SF

      Palm Harbor Automotive Business Opportunity

      Established automotive center for sale in Palm Harbor, Florida.
      1010 Alt 19, Palm Harbor, FL 34683
      View Details
    • $499,000

      Permit-Ready Palm Harbor Redevelopment Opportunity

      Permit-ready redevelopment with paid impact fees and immediate office usability.
      1007 Michigan Ave, Palm Harbor, FL 34683
      View Details
    • $499,000
      0.20 Acres

      Permit-Ready Redevelopment Opportunity

      Redevelopment opportunity with immediate office usability and long-term flexibility.
      1007 Michigan Ave, Palm Harbor, FL 34683
      View Details
    • $1,750,000
      5,750 SF

      Retail Strip Center in Palm Harbor

      Retail strip center in a desirable Palm Harbor location.
      1454-1470 Alt 19, Palm Harbor, FL 34683
      View Details
    • Contact for pricing
      3,528 SF

      Palm Harbor Commercial Building For Sale

      Commercial building with redevelopment potential in Palm Harbor, Florida.
      660 Alderman Rd, Palm Harbor, FL 34683
      View Details
    • $1,750,000
      5,750 SF

      Palm Harbor Retail Stripcenter

      Retail stripcenter in Palm Harbor's growing downtown district.
      1454-1470 Alt 19, Palm Harbor, FL 34683
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,440 SF

      Retail Space with Drive-Thru Potential

      Retail property for lease with drive-thru potential, completion in 2020.
      2609 Alt 19, Palm Harbor, FL 34683
      View Details
    • Contact for pricing

      Retail Space on US 19

      Retail center with high visibility and traffic exposure on US 19.
      33330 Us Highway 19 N, Palm Harbor, FL 34683
      View Details
    • Contact for pricing
      19,133 SF

      Retail Space in Palm Harbor

      Retail space available in an ALDI anchored neighborhood center.
      1310 Tampa Rd, Palm Harbor, FL 34683
      View Details
    • $16 SF/Yr
      1,640 SF

      Retail Space on County Road

      Highly visible neighborhood center with spaces available for lease.
      839 County Road 1, Palm Harbor, FL 34683
      View Details
    View Listing
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    1010 Alt 19
    Palm Harbor, FL 34683
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    1010 Alt 19, Palm Harbor, FL, 34683
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