Highway Frontage Mixed-Use
18132 COMMERCIAL WAY Weeki Wachee, FL 34614
18132 COMMERCIAL WAY, Weeki Wachee, FL, 34614
$163,000
For Sale
$163,000
Mixed Use - WEEKI WACHEE, FL
Property Size576 SF
Lot Size0.48 Acres
Price / SF$282.99
Days on Market377
Property Features for 18132 COMMERCIAL WAY
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Zoning
- C-2
- Standard status
- Active
- APN
- R01-221-17-3290-0087-0010
- Size
- 576 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 1286.5
Utilities
- Cooling system
- Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 2003
- Building materials
- Frame
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
RE/MAX SUNSET REALTY
(727) 863-2402
7031 State Road 52, hudson, FL
Listed by
Louis Petruzzelli PA · License #698210
(727) 505-5111
Added: Jul 9, 2025 Checked: Jul 20 at 5:06 am
MLS# W7877158
Listing URL
Copyright © 2026 West Pasco Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 0.48-acre corner lot is located on US Hwy 19 and is suitable for a variety of commercial uses. The property is zoned C-2 and is located on a high and dry lot. It features a newly paved entrance way. Potential uses include a bank, office, convenience store, gas station, ice cream shop, hot dog/sandwich shop, or fast food restaurant. The lot dimensions are approximately 75 x 284. The property is located in WEEKI WACHEE, FL.
Key Highlights
- Prime US HWY 19 corner lot location with high traffic and easy crossover access
- C‑3 zoning allows for a wide range of commercial uses
- Seller financing available to qualified buyers
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.4k | $21.60 |
| − Vacancy | −$995 | −$1.73 |
| EGI | $11.4k | $19.87 |
| − OpEx | −$4.3k | −$7.45 |
| NOI | $7.2k | $12.42 |
576 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$102.2K
$89.4K – $119.2K
NOI $7,154 @ 7.0% cap · market cap 4.39%
Second Best
Specialty Retail
$91.5K
$80.0K – $106.7K
NOI $6,402 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$131.2K
$114.8K – $153.1K
NOI $9,185 @ 7.0% cap · market cap 5.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Banks
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Corner lot on US Hwy 19, ideal for various businesses.
Where is this mixed-use property located?
The property is located at 18132 COMMERCIAL WAY Weeki Wachee, FL.
What is the asking price?
The asking price for this property is $163,000.
What are key features of this property?
This property features: Prime US HWY 19 corner lot location with high traffic and easy crossover access; C‑3 zoning allows for a wide range of commercial uses; Seller financing available to qualified buyers
