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    2480 Us Highway 19 Holiday, FL 34691
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    Property profile & analytics

    2480 Us Highway 19 Holiday, FL 34691

    View on Map
    • Retail space
    • 12,567 SF
    • 1.36 lot acres
    For Sale
    $6,847,143
    View Listing →
    Walgreens in Holiday, Florida For Sale
    $6,847,143
    12,723 SF

    Walgreens in Holiday, Florida

    NNN lease with over 9 years remaining in Florida.

    2480 US-19, Holiday, FL 34691
    View Listing
    Property ID
    US18-5625878
    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

    • Retail space

    Property Details for 2480 Us Highway 19

    Year built
    2009
    Lot size
    1.36 lot acres
    Property size
    12,567 SF
    Zone code
    00C2
    Property type
    Retail space
    APN
    30-26-16-0010-03900-0010
    APU
    3026160010039000010

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,055,000
      6.5%
      $1,900,000
      7%
      $1,765,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,405,000
      Market price range: $528k - $2.08M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,570,000
      Current use
      OFFICE BUILDING
      $2,630,000
      Change: +2% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $2,250,000
      Change: -12% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Holiday
    County
    Pasco
    State
    Florida
    Longitude
    -82.739
    Latitude
    28.1947
    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
    $27,758
    $850,520
    $695,051
    $1,545,571
    -
    $850,520
    $695,051
    $1,545,571

    Comparable in this City

    • Value Estimation by Request
      3,000 SF

      2418 Hwy

      Individual retail properties • 3,000 SF
      2418 Hwy, Holiday, FL 34691
      View Details
    • Value Estimation
      $1,270,000
      8,378 SF

      1411 Us Hwy 19

      RETAIL STORES (PERSONAL SERVICES) • 8,378 SF
      1411 Us Hwy 19, Holiday, FL 34691-5646
      View Details
    • Value Estimation
      $1,325,000
      8,125 SF

      2112 Us Hwy 19

      RETAIL STORES (PERSONAL SERVICES) • 8,125 SF
      2112 Us Hwy 19, Holiday, FL 34691-4347
      View Details
    • Value Estimation by Request
      2,640 SF

      1312 Us Hwy 19

      RETAIL STORES (PERSONAL SERVICES) • 2,640 SF
      1312 Us Hwy 19, Holiday, FL 34691-5641
      View Details
    • Value Estimation by Request
      3,500 SF

      2412 Us Hwy 19

      RETAIL STORES (PERSONAL SERVICES) • 3,500 SF
      2412 Us Hwy 19, Holiday, FL 34691-3943
      View Details
    • Value Estimation by Request
      1,892 SF

      2628 Us Hwy 19

      RETAIL STORES (PERSONAL SERVICES) • 1,892 SF
      2628 Us Hwy 19, Holiday, FL 34691-3856
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Retail Space on US Highway

      Retail space with high visibility and easy access.
      2008 Us Highway 19, Holiday, FL 34691
      View Details
    • $2,600,000
      6,000 SF

      Turnkey Auto Service Facility

      Versatile auto service facility in a high-traffic location.
      1509 Us Highway 19, Holiday, FL 34691
      View Details
    • $895,000

      High-Visibility Corner Lot on US-19

      Signalized corner lot ideal for retail, service, or restaurant uses.
      2008 Us Highway 19, Holiday, FL 34691
      View Details
    • Contact for pricing
      12,723 SF

      Walgreens in Holiday, Florida

      NNN lease with over 9 years remaining in Florida.
      2480 Us Highway 19, Holiday, FL 34691
      View Details
    • $675,000
      Pending

      Restaurant Retail Space For Sale

      Restaurant property with retail space on 0.67 acres.
      1128 Alternate Hwy 19, Holiday, FL 34691
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr
      1,679 SF

      Retail Space on US Hwy 19

      Retail space with high traffic and frontage on US 19.
      1205 Us Highway 19, Holiday, FL 34691
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Prime commercial spaces for lease in Pappas Plaza.
      1814 Us Highway 19 U.S, Holiday, FL 34691
      View Details
    • Contact for pricing
      8,570 SF

      Retail Building on US Highway

      8,570 SF retail building with excellent access and visibility.
      2123 Us Highway 19, Holiday, FL 34691
      View Details
    • Contact for pricing

      Thriving Retail Center on US-19

      High-traffic retail center with national anchors and excellent visibility.
      3332 Us Highway 19, Holiday, FL 34691
      View Details
    View Listing
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    Holiday, FL 34691
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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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    2480 Us Highway 19, Holiday, FL, 34691
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