19206 Us Highway 19 NClearwater, FL 33764MLS Number T3280149

  • Price: $1,375,000
  • 37 Days on Market
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Federal 30-year interest rate: 2.79% last updated on Jan 14, 2021
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19206 Us Highway 19 N Clearwater FL 3376419206 Us Highway 19 N Clearwater FL 3376419206 Us Highway 19 N Clearwater FL 3376419206 Us Highway 19 N Clearwater FL 3376419206 Us Highway 19 N Clearwater FL 3376419206 Us Highway 19 N Clearwater FL 3376419206 Us Highway 19 N Clearwater FL 3376419206 Us Highway 19 N Clearwater FL 3376419206 Us Highway 19 N Clearwater FL 3376419206 Us Highway 19 N Clearwater FL 33764
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  • 5,634Square Feet
  • 1.26Acreage
  • 1968Year Built
  • ActiveMls Status
Prime Investment opportunity for corner car lot on US Highway 19 lease to USA Auto Sales which have over 30 locations throughout the South East. This triple-net leased facility contains 1.26 AC MOL and a 5,541 SF building containing a reception area, kitchen, break-room/conference room, 3 covered detail bays, 3 garage bays/workshops, and a server room. This is an excellent 1031 exchange with future upside of redevelopment along the US Highway 19 Corridor. The initial lease term is 5 years with two five year options. New 314 Unit Apartment Complex under construction just to the North. The current NOI is $87,472 per year with a 6.36% CAP.
Listed by William Kochenour, III of SANTEK MANAGEMENT LLC

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Taylormade Properties, Inc.

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Taylormade Properties, Inc.
Office: 813-855-5858
9658 W. Linebaugh Ave.
Tampa, FL 33626

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Location Information

  • Road FrontageBusiness District, Highway, Main Throrughfare

Basic Information

Property

  • Business Type Auto Dealer
  • Living Area 4377

Utilities

  • Cooling Central Air

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No
  • Waterfront YN No

Other

  • Date Listed12/11/2020
  • MFR Annual Income Type Projected
  • MFR Flood Zone Code X

Basic Information

  • Lease Term 3 to 5 Years
  • List Price$1,375,000
  • MLS NumberT3280149
  • Mls Status Active
  • StatusACT

Building

  • Building Area Source Public Records
  • Garage Spaces
  • Stories1
  • Year Built1968

Property Information

  • Acreage1.26
  • Construction Materials Block
  • Lot Size Dimensions 200x275
  • Lot Size Square Feet 55,000
  • MFR Front Footage 200
  • MFR Total Acreage 1 to less than 2
  • Number Of Lots 2
  • Square Feet5,634

Tax Information

  • Tax Year 2019
  • Taxes$11,073

Location

  • Address19206 Us Highway 19 N
  • AreaClearwater
  • Building Number19206
  • CountyPinellas
  • Directions Head south on us hwy 19 from gulf to bay and turn right on to harn road.
  • Leasable Area 5541
  • StateFL
  • StreetUs Highway 19
  • TownClearwater
  • Township 29
  • Zip33764

Legal

  • Listing Agreement Exclusive Right To Sell
  • Parcel Number 19-29-16-00000-140-0600
  • Tax Legal Description W 175 FT OF E 275FT OF N 200FT OF S 540FT OF NE 1/4 OF SEC 19-29-16

Based on information submitted to MFRMLS as of January 17, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MFRMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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