31541 Us Hwy 19th N Palm Harbor, FL 34684-3724
This 12,300-square-foot freestanding commercial building in Palm Harbor, Florida, presents a unique redevelopment opportunity for owner-users. Located at 31541 US Hwy 19 N, this single-story, 1985-built structure sits on a 1.263-acre lot zoned CP - Commercial Parkway. The property is currently vacant and offers significant potential for various uses, including storefront, medical office, or traditional office space. Boasting excellent visibility and accessibility with direct frontage on US Highway 19, it benefits from high daily traffic counts (76,000 vehicles per day, per FDOT) and ample parking (5 spaces per 1,000 sq ft). Its strategic location, 1.5 miles north of Countryside Mall, places it within a thriving commercial corridor. The surrounding area boasts a strong demographic profile, with nearly 90,000 people within a three-mile radius and an average household income exceeding $85,000. The asking price is $4,000,000, translating to $325.20 per square foot. This property is for sale by owner and represents a rare chance to acquire a prime commercial asset in a high-demand location. Pylon signage is available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.