Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    35801 Us Highway 19 Palm Harbor, FL 34684

    • Strip malls
    • 45,052 SF
    • 4.86 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-2727158
    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.

    Current Use by Public Records

    • Strange Cloudz Vapor & Smoke Shop Palm Harbor / (Bike/Boat/Book/etc) Store

    Property Details for 35801 Us Highway 19

    Year built
    1986
    Construction
    CONCRETE BLOCKS
    Lot size
    4.86 lot acres
    Property size
    45,052 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    31-27-16-00000-120-0200
    APU
    312716000001200200

    Description

    Discover a prime retail opportunity at Palm Harbor Shops, a neighborhood center located on US Highway 19 N, just north of Alderman Road in Pinellas County. This vibrant shopping center offers a total of 112,526 square feet, with 3,380 square feet currently available for lease. The property sits on 8.26 acres of land and boasts excellent visibility due to its strategic location on a major thoroughfare. The center features ample free surface parking, ensuring convenient access for customers. Prominent monument signage provides exceptional branding opportunities for tenants. The available space is part of a thriving retail environment, offering businesses maximum exposure to a high volume of traffic. This is an ideal location for retailers seeking a dynamic and successful business environment within a well-established Pinellas County shopping district. The existing 43,000 square feet of occupied space demonstrates the strong tenant demand and the overall success of this retail center. This opportunity presents a chance to join a flourishing community of businesses and capitalize on the high traffic counts and visibility offered by this prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,365,000
      Market price range: $6.41M - $20.0M
      AI Estimate
      $10,365,000
      Market price range: $6.41M - $20.0M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $12,505,000
      Current use
      OFFICE BUILDING
      $14,720,000
      Change: +18% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Palm Harbor
    County
    Pinellas
    State
    Florida
    Longitude
    -82.739
    Latitude
    28.0993
    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
    $128,450
    $0.00
    $0.00
    $6,725,000
    -
    $3,377,525
    $3,347,475
    $6,725,000

    Comparable in this City

    • Value Estimation
      $2,005,000
      10,080 SF

      32130 Us Hwy 19th N

      SHOPPING CENTER, STRIP CENTER • 10,080 SF
      32130 Us Hwy 19th N, Palm Harbor, FL 34684-3709
      View Details
    • Value Estimation
      $1,965,000
      12,980 SF

      37502 Us Hwy 19th N

      SHOPPING CENTER, STRIP CENTER • 12,980 SF
      37502 Us Hwy 19th N, Palm Harbor, FL 34684-1019
      View Details
    • Value Estimation
      $5,505,000
      12,388 SF

      35209 Us Hwy 19th N

      SHOPPING CENTER, STRIP CENTER • 12,388 SF
      35209 Us Hwy 19th N, Palm Harbor, FL 34684-1908
      View Details
    • Value Estimation
      $2,000,000
      6,600 SF

      38593 Us Hwy 19th N

      SHOPPING CENTER, STRIP CENTER • 6,600 SF
      38593 Us Hwy 19th N, Palm Harbor, FL 34684-1068
      View Details
    • Value Estimation
      $10,375,000
      36,400 SF

      3223 Tampa Rd

      SHOPPING CENTER, STRIP CENTER • 36,400 SF
      3223 Tampa Rd, Palm Harbor, FL 34684
      View Details
    • Value Estimation
      $4,000,000
      9,000 SF

      3470 Tampa Rd

      SHOPPING CENTER, STRIP CENTER • 9,000 SF
      3470 Tampa Rd, Palm Harbor, FL 34684
      View Details

    Similar Nearby for Sale

    • $279,000
      0.37 Acres

      Lake Tarpon Land in Blackstone

      Build your dream home in this exclusive waterfront community.
      Blackstone Dr, Palm Harbor, FL 34684
      View Details
    • $1,250,000
      3,692 SF

      US-19 Medical Office Building

      Palm Harbor Medical Office: Move-in Ready
      31581 Us Highway 19, Palm Harbor, FL 34684
      View Details
    • $450,000
      1,175 SF

      Palm Harbor Office For Sale

      Office unit with great location and ample parking available now.
      3830 Tampa Rd, Palm Harbor, FL 34684
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail Outparcels on US Highway

      Retail spaces available for lease with high traffic and visibility.
      33119-33343 Us Highway 19 N, Palm Harbor, FL 34684
      View Details
    • Contact for pricing
      5,200 SF

      Retail Spaces in Palm Harbor

      Retail spaces available in well-maintained Palm Harbor shopping center.
      3205-3347 Tampa Rd, Palm Harbor, FL 34684
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space in Palm Harbor

      Retail spaces available in a Publix-anchored shopping center.
      33119 Us Highway 19 N, Palm Harbor, FL 34684
      View Details
    • $16 SF/Yr
      112,526 SF

      Palm Harbor Shops: Retail Space

      High-traffic retail space in Pinellas County.
      35801 Us Highway 19, Palm Harbor, FL 34684
      View Details
    • Contact for pricing
      13,858 SF

      Palm Harbor Medical Office Space

      Prime Medical Office, 1,770 SF Available
      3370 Tampa Rd, Palm Harbor, FL 34684
      View Details
    • Contact for pricing

      Retail Space in Palm Harbor

      Retail spaces available in a dynamic Palm Harbor location.
      33513 Us Highway 19 N, Palm Harbor, FL 34684
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    35801 Us Highway 19
    Palm Harbor, FL 34684
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.