18167 Us Highway 19Clearwater, FL 33764

Property Details for 18167 Us Highway 19

Year built

1987

Construction

CONCRETE

Lot size

0.97 AC

Property size (Sq ft)

146,894 SF

Property type

Office properties

Property subtype

Office buildings

APN

29-29-16-36709-000-0010

APU

292916367090000010

Description

This exceptional Class A office building, located at 18167 U.S. Highway 19 North in Pinellas County, offers a highly visible presence and convenient access to major transportation arteries. The six-story building, constructed in 1987, boasts a total of 146,894 square feet, with a minimum divisible space of 1,943 square feet and a maximum contiguous space of 12,146 square feet. Currently, 45,467 square feet are vacant, including a prime 11,796 square foot space on the fifth floor. The building features a generous parking ratio of 4 spaces per 1,000 square feet, totaling 587 spaces. Amenities include a convenient on-site cafe, a building conference room, and professional property management. Enjoy 24/7 access and prominent signage opportunities. A stunning three-story lobby atrium offers spectacular water views, enhanced by recent common area renovations. Restrooms were completely remodeled in 2019/2020, and the elevators have been upgraded with modern TV monitors. The building's central location provides easy access to Clearwater/St. Petersburg International Airport, Tampa International Airport, and a wealth of nearby shopping, dining, and retail options. This is a truly remarkable opportunity for businesses seeking a prestigious and well-appointed office space in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $28,636,688

  6.5%

  $26,433,866

  7%

  $24,545,732

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,199,470

  Geo Method

  $16,199,470

• Alternative Use

  Use

  Valuation

  Residential

  $32,777,992

  Hospitality

  $30,024,466

  Educational

  $24,980,002

  Medical

  $25,839,104

  Retail

  $38,857,780

Location Insight

City

Clearwater

County

Pinellas

State

Florida

Latitude

27.9375

Longitude

-82.729

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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