31151 Us Highway 19Palm Harbor, FL 34684

Property Details for 31151 Us Highway 19

Year built

1990

Construction

CONCRETE BLOCKS

Lot size

1.59 AC

Property size (Sq ft)

8,675 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

18-28-16-00000-120-0330

APU

182816000001200330

Description

This 8,675 square foot free-standing building, formerly a Sweet Tomatoes restaurant, presents a remarkable opportunity in Palm Harbor, Florida. Located on US Highway 19, it boasts exceptional visibility due to its impressive frontage on a road with over 75,000 daily vehicles. The building is a single-story, Class C structure built in 1990, situated on 1.58 acres of land and offering 35+ parking spaces. The property features a 1000 AMP 3-phase electric panel. While previously a restaurant, the zoning (CP1) allows for adaptable uses, subject to Pinellas County approval. The building includes commercial-grade kitchen equipment (removable upon request) and is ideal for various businesses seeking high visibility and convenient access. Its location within a thriving commercial hub, surrounded by residential areas, ensures a strong customer base. This second-generation restaurant space offers a turnkey solution for businesses looking to establish or expand their presence in this vibrant community. Additional kitchen photos are forthcoming.

• CAP approach

  CAP return

  Valuation

  6%

  $2,644,757

  6.5%

  $2,441,314

  7%

  $2,266,935

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,410,831

  Geo Method

  $2,410,831

• Alternative Use

  Use

  Valuation

  Residential

  $2,059,340

  Hospitality

  $1,886,344

  Educational

  $1,569,416

  Medical

  $1,623,391

  Retail

  $2,441,314

Location Insight

City

Palm Harbor

County

Pinellas

State

Florida

Latitude

28.0554

Longitude

-82.7379

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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