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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)

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INVESTMENT HIGHLIGHTS

  • Freestanding Building
  • Redevelopment Site

EXECUTIVE SUMMARY

Currently operating as a used car lot. Offered for Sale as a redevelopment site with significant auto parking, trailer 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 - 2024)

ANNUAL ANNUAL PER SF
Taxes $8,200 $2.65
Operating Expenses - -
Total Expenses $8,200 $2.65

FINANCIAL SUMMARY (ACTUAL - 2024)

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
Build to Suit
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

Hertz Equipment Rental
CrossFit Tarpon Springs

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-27-16-89442-000-0141
Land Assessment
$212,745
Improvements Assessment
$212,255
Total Assessment
$425,000
Annual Taxes
$8,200 ($2.65/SF)
Tax Year
2024
  • Listing ID: 33357090

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 38799 US Highway 19 N, Tarpon Springs, FL 34689

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