26210 Us Hwy 19th N Clearwater, FL 33761-3580
Property profile & analytics
26210 Us Hwy 19th N, Clearwater, FL 33761-3580
- Community centers
- 65,536 SF
- 12.26 lot acres
Property ID
US18-2707716
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.
Location Intelligence
Current Use by Public Records
- Community centers
Property Details for 26210 Us Hwy 19th N
- Year built
- 1980
- Construction
- CONCRETE BLOCKS
- Lot size
- 12.26 lot acres
- Property type
- Community centers
- Property subtype
- Shopping centers
- APN
- 31-28-16-94143-000-0030
- APU
- 312816941430000030
Description
This 39,011 square foot shopping center in Clearwater, Florida, presents a compelling value-add investment opportunity. Located on 7.41 acres along US Highway 19 (127,500 vehicles per day), this multi-tenant property boasts 97% occupancy with 14 tenants, including Suncoast Federal Credit Union, Medi Weightloss, CosmoProf, Abbey Carpet, and Whiskey Wings. The property comprises five single-story buildings constructed in 1981 and 1984, with renovations completed in 2018. It offers 6.4 parking spaces per 1,000 square feet and benefits from a shadow anchor, Macy's Furniture Gallery, and proximity to the 1.2 million square foot Countryside Mall, anchored by major retailers like Whole Foods, Nordstrom Rack, Macy's, JCPenney, Dillard's, and CMX Cinemas. The property features a weighted average lease term of 4.05 years, with below-market rents offering significant upside potential through lease-up of a 1,200 square foot vacant unit and rent increases. Five tenants, totaling 10,886 square feet (28% of gross leasable area), have leases expiring within the first two years, providing near-term value creation. The property's location within the thriving Tampa Bay MSA, the second largest in Florida, and its strong tenant mix contribute to its attractive growth metrics, projected at a 9.07% compound annual growth rate and a 41.54% cumulative net operating income growth over a five-year period. The property's permitted zoning is US 19, and its APN is 31-28-16-94143-000-0030. This investment offers a secure income stream with substantial upside potential in a high-growth market.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $14,669,000
- AI Estimate
- $14,669,000
Market price range: $5.67M - $17.6MMarket price range: $5.67M - $17.6M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $11,540,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $15,825,000 Change: +37% Conversion: Difficult
- OFFICE BUILDING
- $14,945,000 Change: +30% Conversion: Moderate
- RETAIL STORES
- $13,625,000 Change: +18% Conversion: Easy
- WAREHOUSE, STORAGE
- $13,350,000 Change: +16% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Clearwater
- County
- Pinellas
- State
- Florida
- Longitude
- -82.7343
- Latitude
- 28.0105
- 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
$209,147
$0.00
$0.00
$10,850,000
-
$4,461,028
$6,388,972
$10,850,000
