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    31425 Us Hwy 19th N Palm Harbor, FL 34684-3726
    Property profile & analytics

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


    • Car washes
    • 2,488 SF
    • 1.00 lot acres
    Off-Market
    Last Sale Jul 17, 2020
    $1,150,000
    Property ID
    US18-5051191
    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
    $1,205,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pelican Car Wash / Car Wash

    Property Details for 31425 Us Hwy 19th N

    Year built
    1988
    Construction
    CONCRETE BLOCKS
    Lot size
    1.00 lot acres
    Property size
    2,488 SF
    Property type
    Car washes
    APN
    07-28-16-00000-430-0800
    APU
    72816000004300800

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,310,000
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,030,000
      Current use
      COMMERCIAL (GENERAL)
      $1,550,000
      Change: +51% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Palm Harbor
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7381
    Latitude
    28.058
    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
    $17,065
    $0.00
    $0.00
    $975,000
    -
    $452,604
    $522,396
    $975,000
    More about this property
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