Re-Development Retail/Warehouse - 17722 US Hwy 19 N, Clearwater FL

Retail-Commercial for Sale
Also listed as Vacant Land, Multi-Family
Catylist Listing ID: 30461191
Property Subtypes: Mixed Use, Other
Building Size (RSF): 28,009 SF
Gross Building Area: See Agent
Sale Price: $3,500,000
Unit Price: $124.96 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/29/2021

Overview / Comments

Jersey Jim Towers is relocating and selling their existing property at their location. There are three separate building structures totaling 28,009 GSF (9,300 GSF Retail Building / 13,350 GSF Service Warehouse Building / 5,200 GSF Warehouse). Located in C-2 Zoning within the City of Clearwater, the site consists of one contiguous parcel for a total of 10.45 +/- Acres (3.78 Upland Acres / 4.6 Mash Acres).

The site is located central Pinellas County, just south of Belleair Road and East Bay Drive intersection, the property has a high pylon sign visible from US Highway 19 North.

Based on the current market and booming re-development in the area, the property’s best use appears to be Hotel/mixed-use, Condominium/multifamily or Continuing Care Retirement Community.

The property’s western boundary is Allen’s Creek, quick access to Cove Cay Marina and Cove Cay Golf Course views with a vertical development.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Tax ID/APN: 16 29 30 00000 140 0300
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 3
Typical SF / Floor: 28,009 SF
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,908 105,404 256,839
Median Age: 47.39 44.51 44.75
Households: 6,352 46,865 115,087


Photograph of Listing Agent

Daniel Nelson

RE/MAX RealTec Group
CE-FL Member
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