31425 Us Hwy 19th N Palm Harbor, FL 34684-3726

This exceptional investment opportunity presents a vacant, mixed-use property encompassing a car wash and auto shop at 31425 US Hwy 19 N in Palm Harbor, Florida. The property, situated on one acre of land (APN: 072816000004300800), boasts a total of 2,488 square feet across three single-story buildings, built in 1988 and zoned CP-1. The property's strategic location at the highly trafficked intersection of US Highway 19 N and Bilgore Grove Boulevard N ensures significant visibility, with over 74,000 cars passing daily. The surrounding area is densely populated, with over 192,000 residents within a five-mile radius, exhibiting an average household income exceeding $85,000 annually. Previously generating over $1,700,000 in gross sales, this property offers substantial income potential. The asking price is $4,000,000, representing a 7.69% cap rate and a net operating income (NOI) of $307,758. The property is currently vacant, presenting a unique chance for owner-users to establish or expand their business within a thriving market. This is a rare opportunity to acquire a high-performing asset in a prime location with significant growth potential.