38799 Us Highway 19 N
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38799 Us Highway 19 N
3,100 SF Retail Building Tarpon Springs, FL 34689 $3,750,000 ($1,209.68/SF)
INVESTMENT HIGHLIGHTS
- 90-110 thousand Trips per day!
- Freestanding Building
- Monument Signs
- Redevelopment Site
EXECUTIVE SUMMARY
The subject property is not affected by the US Highway 19 Flyover currently under construction.
Currently operating as a used car lot. Offered for Sale as a redevelopment site with significant auto parking, tailor parking, retail development site, outside storage site, a laydown yard, or a restaurant pad. The subject site comprises two buildings, a reception area, and eight offices. The property can accommodate 120+ cars. For possible future uses like retail, a hotel pad, or a medical office, here are some ideas to consider:
Retail Development: With ample parking space, this property could house multiple retail stores or a mini shopping complex. You could attract businesses ranging from boutiques to grocery stores. Hotel Pad: The location could be ideal for a mid-sized hotel, especially near attractions or business districts. The parking capacity can accommodate guests and staff. Medical Office: Existing office spaces can benefit a medical complex or office. You could lease them to individual practitioners or a larger healthcare organization.
Currently operating as a used car lot. Offered for Sale as a redevelopment site with significant auto parking, tailor parking, retail development site, outside storage site, a laydown yard, or a restaurant pad. The subject site comprises two buildings, a reception area, and eight offices. The property can accommodate 120+ cars. For possible future uses like retail, a hotel pad, or a medical office, here are some ideas to consider:
Retail Development: With ample parking space, this property could house multiple retail stores or a mini shopping complex. You could attract businesses ranging from boutiques to grocery stores. Hotel Pad: The location could be ideal for a mid-sized hotel, especially near attractions or business districts. The parking capacity can accommodate guests and staff. Medical Office: Existing office spaces can benefit a medical complex or office. You could lease them to individual practitioners or a larger healthcare organization.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$8,200
|
$2.65
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$8,200
|
$2.65
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $8,200 |
| Annual Per SF | $2.65 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $8,200 |
| Annual Per SF | $2.65 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,100 SF
Building Class
C
Year Built/Renovated
1957/1985
Price
$3,750,000
Price Per SF
$1,209.68
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.75 AC
Zoning
CP-1, County - COMMERCIAL
Parking
200 Spaces (64.52 Spaces per 1,000 SF Leased)
Frontage
248’ on US Hwy 19 North
AMENITIES
- Bus Line
- Pylon Sign
- Monument Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- SportMotors
- Retailer
- 3,100 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| SportMotors | Retailer | 3,100 SF | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 19-27-16-89442-000-0141 | Total Assessment | $425,000 (2024) |
| Land Assessment | $212,745 (2024) | Annual Taxes | $8,200 ($2.65/SF) |
| Improvements Assessment | $212,255 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
19-27-16-89442-000-0141
Land Assessment
$212,745 (2024)
Improvements Assessment
$212,255 (2024)
Total Assessment
$425,000 (2024)
Annual Taxes
$8,200 ($2.65/SF)
Tax Year
2023
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38799 Us Highway 19 N
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