18401 Us Highway 19Clearwater, FL 33764

Property Details for 18401 Us Highway 19

Year built

1974

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.64 AC

Property size (Sq ft)

11,328 SF

Property type

Office buildings

APN

20-29-16-00000-330-0600

APU

202916000003300600

Description

This exceptional 11,556 square foot office building presents a unique opportunity for sale or owner-occupancy. Strategically located on US Highway 19 N in Clearwater, Florida, this property boasts unparalleled visibility with over 80,000 cars passing daily. The building features a well-designed layout incorporating both private offices and open workspaces, ideal for a variety of corporate needs. The substantial 0.63-acre lot provides ample parking with 28 spaces available. A key advantage is the prominent west-facing exposure on US 19 N, offering outstanding signage potential. Beyond the main office space on the second floor, a separate mezzanine office provides additional flexibility and oversight of the open floor plan. The building's unique features extend to a rooftop helipad, adding a distinct advantage for executive convenience. Existing elevator infrastructure efficiently services the second floor. This turnkey office space is ready for immediate occupancy and represents a significant investment opportunity in a high-traffic, high-visibility location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,208,370

  6.5%

  $2,038,496

  7%

  $1,892,889

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,249,252

  Geo Method

  $1,249,252

• Alternative Use

  Use

  Valuation

  Residential

  $2,527,735

  Hospitality

  $2,315,392

  Educational

  $1,926,379

  Medical

  $1,992,630

  Retail

  $2,996,589

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Latitude

27.9386

Longitude

-82.7284

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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