Entity Owned 
For Lease
1 / 4
$13,320,000
26489 Us Highway 19 N 1, Clearwater, FL 33761
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Property summary
AI-generated overview
This 5,497 square foot retail property, located at 26489 US Hwy 19 in Pinellas County, offers a single-tenant space of 2,600 square feet currently available. The property is zoned C2 and boasts a prime location adjacent to Countryside Mall, providing easy access to a variety of dining, retail, and hospitality options. With US Highway 19 boasting 119,000 daily vehicles, this location offers exceptional visibility and high traffic counts. The existing co-tenant is a high-end fashion boutique. The building includes 12 on-site parking spaces, with additional parking available at nearby Dick's Sporting Goods. The space is a white shell and the owner is willing to offer tenant improvements. The property can be divided into two smaller spaces to accommodate specific tenant needs. Its strategic location provides convenient access to North Pinellas, Dunedin, Palm Harbor, and downtown Clearwater, as well as proximity to Tampa International Airport and St. Pete/Clearwater Airport. The property's APN is 30-28-16-00000-430-1100. This presents a unique opportunity for businesses seeking high visibility and convenient access to a dense population base in a thriving commercial corridor.
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
98,356 SF
Lot
0.81 ac (35,449 SF)
APN
30-28-16-00000-430-1100
UPID
US18-4118011
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
-
Furniture & Home Goods
-
Clothing & Fashion Store
-
Electric Vehicle Charging Station
-
HVAC Service General Contractor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.70M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.32M
Owner & transaction history
since 2022
Last sale
$12.4M
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Retail stores
$20.4M
+2.1%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$13.32M
Value range
$11.99M – $14.65M
±10% around blend
Estimated value / SF
$135 / SF
Confidence
Property data
88
Market benchmarks
67
Comparable evidence
60
Income certainty
100
$11.99M
blend $13.32M
$14.65M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
98,356 SF
Lot area
0.81 ac
Year built
2022
Stories
5
APN
30-28-16-00000-430-1100
Assessed value
$12,900,000
Annual tax
$248,663
3
Income approach: direct capitalization
Partial preview
Income approach indication
$11.70M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$12.67M
@ 6.5% CAP return
$11.70M
@ 7% CAP return
$10.86M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$248,663
Selected cap rate
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$13.32M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 138 sales
$204
-34%
County 439 sales
$220
-38%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $135/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+2%
vs current-use indication
Warehouse, Storage · current use
Neighborhood: Shopping Center
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
5.70%
Selected cap rate for this warehouses
Derived from the Clearwater market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.70%
9.0%
NOI (est.)
$1.18M *
Last sale · Dec 2022
$12.38M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$20.65M
Move the market yield to see immediate price impact.
Value / SF
$210
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.20%5.70%6.20%
$1.06M
$20.38M
$18.59M
$17.09M
$1.18M
$22.64M
$20.65M
$18.99M
$1.30M
$24.90M
$22.72M
$20.89M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$248,663
Tax year 2023
Assessed value
$12,900,000
Assessed 2023
Previous assessed
$602,684
+2,040.4% YoY
Effective rate
1.93%
On assessed value
Land market value
$655,287
Improvement market value
$12,244,713
Total market value
$12,900,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
For Lease
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
5
Bathrooms
4
Total area
98,356 SF
Lot
0.81 ac (35,449 SF)
APN
30-28-16-00000-430-1100
UPID
US18-4118011
Jurisdiction
PINELLAS
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2022
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
5
Bathrooms
4
Lot
0.81 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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