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Financial
Distress signals
Property profile

39920 Us Highway 19 N 39920 Tarpon Springs, FL 34689

FOR LEASE
Strip malls
Property ID
US18-2319044
9,000 SF 2.68 ac lot Built 1980
Last sale Oct 2021 · $2,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
39920 Us Highway 19 N,Unit 39920, Tarpon Springs, FL 34689 For Lease
Contact for pricing 5,489 SF available
39920 Us Highway 19 N,Unit 39920, Tarpon Springs, FL 34689
View Listing

Property summary

AI-generated overview

The property is a retail plaza built in 1980 located at 39920 US Highway 19 N in Tarpon Springs, fronting US Highway 19. It provides multiple tenant suite configurations within the center, including units of 5,489 square feet (Unit 39930), 3,136 square feet (Unit 39936), and 1,800 square feet (Unit 39316). The property has been remodeled with an updated exterior, improved site lighting, and a newly paved parking area, and it is designed with direct entry and exit access from the main corridor.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$41k
Tax billed · 2023
Assessed value$2.20M
Effective rate1.87%

Value estimate

· Oct 2026
$2.42M
$2.17M – $2.66M
Submarket $/SF estimate$3.39M
NOI build-up
Gross scheduled income$82k
Vacancy & credit loss−$5k
Operating expenses−$23k
NOI · 1,681.90% cap applied$54k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$278/SF
County average, outlier-cleaned · 238 recorded sales of this use type
Observed band · Q1–Q3$142 – $444
Qualifying comparables8

Cap rate analysis

How does the asset earn?
1,681.90%
$54k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPINELLAS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.3
Parking Facility11.2
Auto Parts Store11.0

Location

39920 Us Highway 19 N, Unit 39920 Tarpon Springs, FL 34689
County assessor Recorded deeds · 2 transfers 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
106 Tarpon, Tarpon Springs, FL 34689-3452 $2,115,000 Apr 2025 13,104 SF
155 Tarpon, Tarpon Springs, FL 34689-3451 $1,200,000 May 2023 6,964 SF
1992 Pinellas, Tarpon Springs, FL 34689-1942 $1,775,000 Jan 2022 12,944 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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