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

    37031 FL 54 Zephyrhills, FL

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in Zephyrhills with high traffic exposure.

    Type:RETAIL
    Property size:
    2,400 SF
    Lot size:
    1.00 Acre
    Added:
    Dec 19, 2024
    Days on Market:
    496
    Last Refresh:
    Apr 5 at 8:38 pm

    Property Features for 37031 FL 54

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Lot size
    1.00 Acre
    Property subtype
    RETAIL

    Spaces For Lease

    at 37031 FL 54 Contact us

    We can help!

    Listing Contact
    Tina Eloian
    Tina Eloian

    Listing agent Tina Eloian License #653748

    Listing office Florida Commercial Group

    Listing date Dec 19, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Florida Commercial Group

    Overview

    Zephyrhills Retail Space For Rent

    Located on State Road 54 between Dean Dairy Road and Gall Blvd/US Hwy 301, this single-story strip center in Zephyrhills, Florida, offers potential spaces for office or retail storefronts. The property benefits from high traffic counts and road exposure. Interior upgrades, such as new flooring and fresh paint, may be needed, allowing tenants to renovate to suit their needs. The property is suitable for businesses looking to open a new location or expand their current business, such as a coffee shop, retail store, an apparel boutique, photography studio, medical facility, or travel agency. The strip center provides a variety of commercial and retail opportunities. There are 50+ customer parking spaces available. The property offers 2400 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Zephyrhills
    County
    Pasco
    State
    Florida
    Longitude
    -82.1769
    Latitude
    28.2334

    Nearby Similar for Lease

    • $15 SF/Yr

      High Visibility Retail Space Available

      Retail space for lease with high visibility and road frontage.
      38449 COUNTY ROAD 54, ZEPHYRHILLS, FL 33542
      View Details
    • $49,500 SF/Yr

      High Visibility Retail Space Available

      3300 sq ft retail space in high-traffic Zephyrhills plaza.
      38449 COUNTY ROAD 54, Zephyrhills, FL 33542
      View Details
    • $2,500/Mo

      Zephyrhills Retail/Office Space Available

      Retail or office space with high visibility on State Road 54.
      37037 State Road 54, Zephyrhills, FL 33542
      View Details
    • $2,500/Mo

      Zephyrhills Office Space For Rent

      Office space in Zephyrhills with examination and lab rooms.
      6336 FORT KING ROAD, ZEPHYRHILLS, FL 33542
      View Details
    • $7,200/Mo

      Professional Office Space Available Now

      Executive suites and virtual offices available with flexible leasing terms.
      6272 ABBOTT STATION Dr 101-20, Zephyrhills, FL 33542
      View Details
    • $30,000 SF/Yr

      Zephyrhills Retail/Office Space Available

      Retail or office space for rent in Zephyrhills, Florida.
      37037 STATE ROAD 54, Zephyrhills, FL 33542
      View Details
    • $21,600 SF/Yr

      Zephyrhills Commercial Space For Lease

      Freestanding commercial building with versatile space in high-traffic area.
      4830 GALL Blvd, Zephyrhills, FL 33542
      View Details
    • $3 SF/Yr

      Zephyrhills Medical Office Space

      1,500 SF office space in established Zephyrhills area.
      6725 CEDARRIDGE, Zephyrhills, FL 33542
      View Details
    • $12 SF/Yr

      Zephyrhills Commercial Building For Lease

      Charming 485 sq ft commercial building available for lease.
      38542 6TH Ave, Zephyrhills, FL 33542
      View Details
    • $3,600/Mo

      Zephyrhills Horse Farm with Residence

      Exceptional horse farm with residence, ready for boarding and lessons.
      8540 Boyt Rd, Zephyrhills, FL 33540
      View Details
    • $16 SF/Yr

      Zephyrhills Retail/Office Space Available

      1,000 SF commercial space in a flourishing Zephyrhills location.
      38363 Co Rd 54, Zephyrhills, FL
      View Details
    • Contact for pricing

      Zephyrhills Retail Space Available

      5,213 SF retail space in Zephyrhills, Pasco County, FL.
      38901 County Road 54 East, Zephyrhills, FL 33542
      View Details

    FAQs

    What type of property is this?
    Strip mall - Retail space available in Zephyrhills with high traffic exposure.
    Where is this strip mall located?
    The property is located at 37031 FL 54 Zephyrhills, FL.
    What is the lease rate?
    The lease rate is $2,500 /Mo.
    What are key features of this property?
    This property features: High traffic location on State Road 54, offering excellent road exposure.; Competitive rental rates compared to the surrounding area.; 50+\/- customer parking spaces available.
    (813) 997-4321 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tina Eloian
    Tina Eloian
    Real Estate License ID: 653748
    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!