Property profile

35000 Us Highway 19 N Palm Harbor, FL 34684

FOR SALE
Turn key restaurants
Property ID
US18-8476808
3,662 SF 0.43 ac lot Built 1983
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional freestanding retail property, located at 35000 US Hwy 19 N in Palm Harbor, Florida, presents a unique investment or lease opportunity. The 3,662 square foot building sits on a 4.5-acre lot and boasts a prime location directly in front of The Fountains shopping center, a significant 83,000 square foot retail complex. Currently vacant, the property offers three suites, each with a minimum divisible space of 1,220 square feet, providing flexibility for multiple tenants or a single large occupant. Built in 1988, the single-story building features 18 parking spaces, ensuring ample customer convenience. The property is zoned Commercial General and has a building floor area ratio (FAR) of 0.3. Its Pinellas County location (APN: 31-27-16-00000-310-0600) offers excellent visibility and accessibility on US Hwy 19 N, a major thoroughfare with high traffic volume. The property's history as a successful family restaurant for over 40 years speaks to its strong potential for continued success. This is a rare opportunity to acquire a well-situated retail property in a thriving commercial area. All square footage and age information are approximate

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1983
Construction CONCRETE BLOCKS
Total area 3,662 SF
Lot 0.43 ac (18,901 SF)
APN 31-27-16-00000-310-0600
UPID US18-8476808

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
  • Restaurant

Location

35000 Us Highway 19 N Palm Harbor, FL 34684
Palm Harbor metro Census 27206 TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.12M
Blend (final) Blend
$1.35M

Owner & transaction history

since 2024
Last sale
$1.4M
1 recorded transaction
2024
$1.4M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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