28050 Us Highway 19 N Clearwater, FL 33761
Office buildings
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Entity Owned
~
Est. High Equity
For Lease
1 / 2
Contact for pricing
28050 Us Highway 19 N, Clearwater, FL 33761
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Estimated value (blended)
$11.85M
Range $10.67M – $13.04M (±10%)
Property ID
US18-2173664
Property summary
AI-generated overview
This exceptional Class B office building, located at 28050 US Hwy 19 N in Clearwater, Florida (zip code 33761), offers two executive suites for lease. Situated in a vibrant commercial area, this prestigious location provides excellent visibility and convenience for businesses. The building is a five-story structure equipped with elevators. Each suite provides approximately 140-150 square feet of space, ideal for individual professionals or small businesses. The suites are available within a larger office space occupied by an established law firm, offering a professional and collaborative environment. The property is categorized as a coworking space, providing a flexible and modern work environment. This is a multiple tenancy building, meaning there are other businesses operating within the same building. The property's location in Clearwater, Florida offers easy access to major transportation routes and amenities. This is an excellent opportunity for businesses seeking a high-profile address and a productive work environment. The suites are ready for immediate occupancy.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1987
Construction
CONCRETE BLOCKS
Total area
79,211 SF
Lot
3.74 ac (162,710 SF)
APN
19-28-16-00000-340-0600
UPID
US18-2173664
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
-
(Bike/Boat/Book/etc) Store Corporate Office
-
Take-out & Catering
-
Financial Advisor
-
Business Management Consultant Business To Business Service
-
Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.85M
Blend (final)
Blend
$11.85M
Owner & transaction history
since 2026
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Apartment house (5+ units)
$19.1M
+5.9%
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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
4 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$11.85M
Value range
$10.67M – $13.04M
±10% around blend
Estimated value / SF
$150 / SF
Confidence
None
2 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
20
Income certainty
100
$10.67M
blend $11.85M
$13.04M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
79,211 SF
Lot area
3.74 ac
Year built
1987
Stories
5
APN
19-28-16-00000-340-0600
Assessed value
$7,425,000
Annual tax
$103,647
3
Income approach: direct capitalization
Partial preview
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
$103,647
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$11.85M
Weighted, 0 comps · none confidence
Evidence
2 found
County-verified recorded sales
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$11.85M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 30 sales
$228
-34%
Submarket 302 sales
$188
-20%
County 995 sales
$240
-38%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $150/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+6%
vs current-use indication
Office Building · current use
Retail Stores
Warehouse, Storage
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
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 2 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
289,731.82%
Selected cap rate for this office buildings
Derived from the Clearwater market rent, vacancy and expense benchmarks for this use type.
NOI (est.)
$64k *
* 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$21
Move the market yield to see immediate price impact.
Value / SF
$0
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
289,731.32%289,731.82%289,732.32%
$57k
$19
$19
$19
$64k
$22
$21
$21
$70k
$24
$24
$24
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
2 found
None confidence · county-verified
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$103,647
Tax year 2023
Assessed value
$7,425,000
Assessed 2023
Previous assessed
$7,200,000
+3.1% YoY
Effective rate
1.40%
On assessed value
Land market value
$1,511,561
Improvement market value
$5,913,439
Total market value
$7,425,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1987
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
AC.PACKAGE
Stories
5
Bathrooms
25
Total area
79,211 SF
Lot
3.74 ac (162,710 SF)
APN
19-28-16-00000-340-0600
UPID
US18-2173664
Jurisdiction
PINELLAS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
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
1987
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
5
Bathrooms
25
Lot
3.74 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.
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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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