Realmo Analytics

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Property profile

1861 N Highland Ave Clearwater, FL 33755

FOR LEASE
Other warehouses
Property ID
US18-2735332
32,235 SF 2.86 ac lot Built 1984
Trust Owned Owner of record is a trust. 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Sunset Square Shopping Center is a retail shopping center in Clearwater configured with multiple street-facing retail spaces along N Highland Avenue and a large end-cap retail box that was transitioned to storage use. The center is adjacent to Walmart Neighborhood Market and Dunkin Donuts and is located near downtown Clearwater with access via Sunset Point Road and North Highland Avenue. Tenant space sizes referenced for the property include a 1,050-square-foot space at 1893 N Highland Avenue,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$35k
Tax billed · 2023
Assessed value$1.83M
Effective rate1.93%

Value estimate

· Oct 2026
$4.26M
$3.83M – $4.69M
Submarket $/SF estimate$4.26M
NOI build-up
Gross scheduled income$691k
Vacancy & credit loss−$35k
Operating expenses−$197k
NOI · 2,240.29% cap applied$460k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$204/SF
Submarket average, outlier-cleaned · 138 recorded sales of this use type
Observed band · Q1–Q3$111 – $312
Qualifying comparables6

Cap rate analysis

How does the asset earn?
2,240.29%
$460k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPINELLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency46.4
Law Firm42.0
Dental Office30.2

Location

1861 N Highland Ave Clearwater, FL 33755
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1143 Eldridge, Clearwater, FL 33755-4310 $1,500,000 Dec 2025 7,800 SF
703 Jones, Clearwater, FL 33755-4139 $101,500 Dec 2023 15,676 SF
633 Drew, Clearwater, FL 33755-4109 $5,750,000 May 2023 8,062 SF
1660 Gulf To Bay, Clearwater, FL 33755-6423 $12,740,000 Apr 2022 69,120 SF
618 Drew, Clearwater, FL 33755-4108 $685,000 Dec 2020 8,176 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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