Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    19107 Geraci Rd Lutz, FL

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

    Nearly one-acre lot ideal for professional and medical office development.

    Type:LAND
    Lot size:
    0.96 Acres
    Added:
    Mar 27, 2025
    Days on Market:
    407
    Last Refresh:
    Apr 5 at 10:23 pm

    Property Features for 19107 Geraci Rd

    General Information

    Standard status
    Active
    Lot size
    0.96 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Kari Grimaldi
    Kari Grimaldi

    Listing agent Kari Grimaldi License #BK3076744

    Listing office Grimaldi Commercial Realty Corp

    Listing date Mar 27, 2025

    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 Grimaldi Commercial Realty Corp

    HighLights

    • Prime location off N Dale Mabry Hwy at Geraci Rd in a highly trafficked area.
    • BPO zoning ideal for Professional & Medical Office Development.
    • Proximity to affluent Avila and Cheval communities & Medical Services.
    • Nearly 1‑acre lot (apx 210' x 210').
    • Potential for high‑value office investment.
    • Strategic access for business and clientele.

    Overview

    Land for Office Development

    This nearly one-acre lot is zoned BPO and is positioned off N Dale Mabry Hwy at Geraci Rd. The location benefits from high traffic, offering strategic access for business and clientele. Situated in the desirable North Tampa/Lutz area, the property is near the affluent Avila and Cheval communities and medical services. The lot size is approximately 210' x 210', allowing a buyer to build approximately 7,500 SF of office space. This location presents a promising opportunity for a high-value office investment and is ideal for professional and medical office development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lutz
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.4943
    Latitude
    28.1504

    Nearby Similar for Sale

    • $795,000
      3,576 SF

      Retail Opportunity on Hwy 41

      Value-add retail property on 0.82 acres in Lutz, FL.
      18843 N 41 HIGHWAY, LUTZ, FL 33549
      View Details
    • $1,500,000
      3,098 SF

      Versatile Property Near Van Dyke Road

      10-acre property with seven buildings, ideal for redevelopment or business.
      17515 LAKESHORE ROAD, LUTZ, FL 33558
      View Details
    • $1,300,000
      6,088 SF

      Lutz Property with Multiple Buildings

      Five-acre property with five buildings suitable for various uses.
      17500 MARSH ROAD, LUTZ, FL 33558
      View Details
    • $799,995
      2,500 SF

      17749 HUNTING BOW CIRCLE, LUTZ, FL 33558

      Prime office property in Lutz, Florida with backup generator.
      17749 Hunting Bow Cir, Lutz, FL 33558
      View Details
    • $425,000

      Lutz Land Parcel Opportunity

      5+ acre wooded parcel in desirable Lutz location.
      DALE MABRY HWY, LUTZ, FL 33548
      View Details
    • $499,000

      Waterfront Land on Lake Stemper

      Serene waterfront lot on a ski lake in Lutz.
      DEBUEL ROAD, LUTZ, FL 33549
      View Details
    • $600,000

      Lutz Vacant Land Opportunity

      5.4 acres of vacant land in a desirable Lutz neighborhood.
      PIERMAJ LANE, LUTZ, FL 33549
      View Details
    • $3,800,000

      Lutz Waterfront Land Opportunity

      Rare 6.76-acre waterfront property suitable for luxury residences.
      820 NEWBERGER ROAD, LUTZ, FL 33549
      View Details
    • $104,500

      Gated RV Park Lot

      RV lot with travel trailer in nudist community.
      20300 LEONARD ROAD, LUTZ, FL 33558
      View Details
    • $500,000

      Residential Land in Gated Community

      Exclusive gated community lot, build your dream home!
      2811 COASTAL RANGE WAY, LUTZ, FL 33559
      View Details
    • $2,950,000
      5,940 SF

      Prime Lutz Redevelopment Opportunity

      5-acre redevelopment site on heavily traveled corridor in Lutz, FL.
      1703 DALE MABRY HIGHWAY, LUTZ, FL 33548
      View Details
    • $150,000

      Residential Land in Gated Community

      Homesite in Sun Ridge Estates, Lutz, build your dream home.
      19915 DOLORES ANN COURT, LUTZ, FL 33549
      View Details

    FAQs

    What type of property is this?
    Commercial land - Nearly one-acre lot ideal for professional and medical office development.
    Where is this commercial land located?
    The property is located at 19107 Geraci Rd Lutz, FL.
    What is the asking price?
    The asking price for this property is $530,000.
    What are key features of this property?
    This property features: Prime location off N Dale Mabry Hwy at Geraci Rd in a highly trafficked area.; BPO zoning ideal for Professional & Medical Office Development.; Proximity to affluent Avila and Cheval communities & Medical Services.
    (813) 376-3386 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kari Grimaldi
    Kari Grimaldi
    Real Estate License ID: BK3076744
    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

    Thank You for Inquiry
    19107 Geraci Rd, Lutz, FL
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!