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    Property profile & analytics

    4637 Sunray Dr Holiday, FL 34690-3807

    • Grocery and convenience stores
    • 43,610 SF
    • 7.23 lot acres
    OFF-MARKET
    Last Sale
    Jan 30, 2024
    $9,900,000
    Value Estimations
    $9,805,000
    Show details
    Cap Rate Potential
    4.3%
    Grocery and convenience stores
    Location Intelligence
    Property ID
    US18-5363486
    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

    • Grocery and convenience stores

    Property Details for 4637 Sunray Dr

    Year built
    1994
    Lot size
    7.23 lot acres
    Property size
    43,610 SF
    Zone code
    00C2
    Property type
    Grocery and convenience stores
    APN
    30-26-16-0010-00400-0020
    APU
    3026160010004000020

    Description

    The Holiday Centre, a Class B retail property located at 4637 Sunray Dr, Holiday, FL 34690, offers a prime retail opportunity. This single-building center, built in 1994, boasts a total of 67,035 square feet and features a Publix anchor tenant. Currently, there is 1,400 square feet of vacant retail space available, representing a minimum divisible unit. The property is conveniently situated at the intersection of US Hwy 19 & Sunray Dr in the Holiday submarket of Pasco County, Florida. Ample parking is provided with 150 spaces available for customers and tenants. The property's location within a well-established retail corridor offers excellent visibility and accessibility. This presents a unique chance to establish a business in a thriving community. The available space is ideal for a variety of retail uses, given its size and location within a successful shopping center. The property's multiple tenancy structure provides a diverse and vibrant shopping environment. Interested parties should note the building's total square footage and the readily available parking. This opportunity is situated in Pasco County, Florida, offering a strong potential for business growth.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $9,900,000
      ML approach
      $9,900,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $7,135,000
      6.5%
      $6,585,000
      7%
      $6,115,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $10,935,000
      Market price range: $2.53M - $10.9M

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

    Location Insight

    • Map
    • Local Demand
    City
    Holiday
    County
    Pasco
    State
    Florida
    Longitude
    -82.7383
    Latitude
    28.1989
    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
    $146,885
    $1,654,297
    $6,523,933
    $8,178,230
    -
    $1,654,297
    $6,523,933
    $8,178,230

    Comparable in this City

    • Value Estimation
      $415,000
      2,070 SF

      5444 Mile Stretch Dr

      CONVENIENCE STORE • 2,070 SF
      5444 Mile Stretch Dr, Holiday, FL 34690-6065
      View Details
    • Value Estimation
      $410,000
      3,124 SF

      4547 Sunray Dr

      CONVENIENCE STORE • 3,124 SF
      4547 Sunray Dr, Holiday, FL 34690-3813
      View Details
    • Value Estimation by Request
      8,202 SF

      5513 Chaparral Ln

      Lifestyle centers • 8,202 SF
      5513 Chaparral Ln, Holiday, FL 34690
      View Details
    • Value Estimation
      $430,000
      1,440 SF

      3442 Grand Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      3442 Grand Blvd, Holiday, FL 34690-2245
      View Details
    • Value Estimation
      $455,000
      8,000 SF

      1996 Grand Blvd

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      1996 Grand Blvd, Holiday, FL 34690-4501
      View Details
    • Value Estimation
      $185,000
      820 SF

      1935 Grand Blvd

      RETAIL STORES (PERSONAL SERVICES) • 820 SF
      1935 Grand Blvd, Holiday, FL 34690-4502
      View Details

    Similar Nearby for Sale

    • $750,000

      Assembly Hall on 5.75 Acres

      Exceptional opportunity for assembly hall, church, school, or multifamily property.
      4807 Mile Stetch Dr, Holiday, FL 34690
      View Details
    • $2,700,000

      Commercial Land for Sale

      Commercial land available for sale.
      2119 Grand Blvd, Holiday, FL 34690
      View Details
    • $300,000
      0.21 Acres

      Waterfront Lot Ready to Build

      Rare waterfront lot with seawall, survey, and soil test.
      Flotilla Dr, Holiday, FL 34690
      View Details
    • $350,000
      Pending

      Remodeled Triplex Near New Port Richey

      Income-producing triplex or duplex near dining, shopping, and recreation.
      1818 Hacienda Way, Holiday, FL 34690
      View Details
    • $675,000
      5,040 SF

      Holiday Mixed-Use Commercial Building

      Large building, ample parking, multiple uses.
      5730 Elena Dr, Holiday, FL 34690
      View Details
    • $950,000
      Pending

      Versatile Mixed-Use Property in Holiday

      7.34-acre property with four buildings, potential for multi-family rezoning.
      5015 Darlington Rd, Holiday, FL 34690
      View Details

    Similar Nearby for Lease

    • $15,600 /Mo

      Retail Space on Grand Blvd

      800 sq ft retail space for lease on Grand Blvd.
      3420 Grand Blvd, Holiday, FL 34690
      View Details
    • $9 SF/Yr
      2,568 SF

      Holiday Restaurant Space - Great Deal!

      Prime US19 location, 2,568 sq ft, incentives offered.
      4607 Mile Stretch Dr, Holiday, FL 34690
      View Details
    • Contact for pricing

      Retail Space in Publix Anchored Center

      Retail space available in a busy, anchored shopping center.
      4649 Sunray Dr, Holiday, FL 34690
      View Details
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    Holiday, FL 34690-3807
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    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
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