32800 EILAND BOULEVARD Wesley Chapel, FL 33545
Retail - WESLEY CHAPEL, FL
- Added:
- May 17, 2025
- Days on Market:
- 422
- Last Refresh:
- Jul 12 at 12:06 am
Property Features for 32800 EILAND BOULEVARD
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Property condition
- New Construction
- Zoning
- C2
- Standard status
- Active
- APN
- 21-26-18-000.0-002.00-001.0
- Size
- 29,185 SF
- Lot size
- 1.68 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 6907.84
Building Details
- Year built
- 1984
- Building materials
- Block
- Architectural style
- Other
Listing agent Alex Khoyi License #3261907 (727) 846-7777
Listing office REALTY ONE GROUP ADVANTAGE 24814 S R 54, Lutz, FL (727) 846-7777
Listing date May 17, 2025
Copyright © 2026 Stellar MLS. 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.
Key Highlights
- Prime commercial development opportunity at the intersection of Eiland Boulevard/Morris Bridge Road and State Road 54.
- C‑2 zoning offers flexible use options including retail, restaurants and medical offices.
- Excellent visibility with right‑in/right‑out access.
Local Financial Insights For Office B
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 | $322.2k | $11.04 |
| − Vacancy | −$59.6k | −$2.04 |
| EGI | $262.6k | $9.00 |
| − OpEx | −$65.6k | −$2.25 |
| NOI | $196.9k | $6.75 |
