Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5504 SUN UP ROAD Land O Lakes, FL 34638

    View on Map
    For Sale
    $2,000,000

    Land - LAND O LAKES, FL

    Lot size:
    19.57 Acres
    Added:
    Jan 21, 2026
    Days on Market:
    70
    Last Refresh:
    Apr 1 at 10:06 pm

    Property Features for 5504 SUN UP ROAD

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1
    Exterior features
    Unpaved, Dock
    Dock
    1
    Standard status
    Active
    APN
    18-26-11-000.0-008.00-000.0
    Lot size
    19.57 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    14230.56

    Utilities

    Water front features
    Lake Front, Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Ashley Gajdosz

    Listing agent Ashley Gajdosz License #3227836

    Listing office KELLER WILLIAMS TAMPA PROP. 5020 W Linebaugh Ave, Tampa, FL

    Listing date Jan 21, 2026

    MLS# TB8467202 Listing URL

    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.

    Overview

    Waterfront Land in Land O' Lakes

    This property offers nearly 20 acres of waterfront land in Land O’ Lakes. Situated on Lake Thomas, the property includes approximately 500 feet of lake frontage and about 12 acres of buildable land. The location provides convenient access to shopping, dining, and everyday conveniences, while maintaining a sense of privacy and natural beauty. With quick access to the Veterans Expressway, commuting throughout Tampa Bay is facilitated. The property is located in a rapidly growing area and offers potential for a luxury waterfront estate, a private family compound, or a strategic development opportunity. It combines lifestyle appeal and investment value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Department Store HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Land O Lakes
    County
    Pasco
    State
    Florida
    Longitude
    -82.475712
    Latitude
    28.238041

    Nearby Similar for Sale

    • $199,900

      Land in Gated RV Resort

      Land for sale in a clothing-optional RV resort community.
      6849 AMANDA VISTA CIRCLE, LAND O LAKES, FL 34637
      View Details
    • $359,000

      Land O' Lakes Vacant Land

      2.71 acres of vacant land in Land O’ Lakes, FL.
      9537 TURF DRIVE, LAND O LAKES, FL 34639
      View Details
    • $1,850,000

      Cleared Land Parcel with Pond

      10-acre parcel with A-R zoning, pond view, ready for redevelopment.
      8989 EHREN CUTOFF, LAND O LAKES, FL 34639
      View Details
    • $199,000

      Land in Gated RV Resort

      Land in clothing-optional, pet-friendly community near Tampa.
      6731 AMANDA VISTA CIRCLE, LAND O LAKES, FL 34637
      View Details
    • $199,000

      Residential Land in Land O Lakes

      1.07 acre lot with no HOA, mature trees.
      4772 DREXEL ROAD, LAND O LAKES, FL 34638
      View Details
    • $600,000

      Prime Commercial Land Opportunity

      Lakefront commercial land in a high-traffic location.
      4538 LAND O LAKES BOULEVARD, LAND O LAKES, FL 34639
      View Details
    • $149,900

      Spacious Lot in Land O' Lakes

      Large 15,577 sq ft lot in desirable community.
      NATALIE COURT, LAND O LAKES, FL 34639
      View Details
    • $249,000

      Land O' Lakes Lakefront Opportunity

      1.89-acre lakefront land parcel in a desirable location.
      4635 COBB ROAD, LAND O LAKES, FL 34638
      View Details
    • $375,000

      Lake Padgett Buildable Lot

      Buildable lot in The Enclave at Lake Padgett.
      3926 COVE LAKE PLACE, LAND O LAKES, FL 34639
      View Details
    • $174,990

      2.87 Acre Lakefront Parcel

      2.87-acre lakefront parcel with existing mobile home.
      19832 WESTWOOD LANE, LAND O LAKES, FL 34638
      View Details
    • $129,000

      Land in Growing Community

      Two buildable lots in a rapidly expanding Florida area.
      PENNY LOOP, LAND O LAKES, FL 34639
      View Details
    • $57,500

      Land in Land O Lakes

      Land for sale in a convenient Land O Lakes location.
      21121 LITTLE LAKE THOMAS ROAD, LAND O LAKES, FL 34638
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Nearly 20 acres of waterfront land with development potential.
    Where is this residential land & home lot located?
    The property is located at 5504 SUN UP ROAD Land O Lakes, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Nearly 20 acres of waterfront land on Lake Thomas **with approximately 500 feet of lake frontage.**; Approximately 12 acres of buildable land suitable for a luxury estate, family compound, or development.; **Prime Land O’ Lakes location** offering privacy and natural beauty.
    (813) 300-7002
    We can help!
    Listing Contact
    Ashley Gajdosz
    Real Estate License ID: 3227836
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!