Sign Up Successful!
You now have access to more from Realmo!
    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

    S Ave & Airport Rd Zephyrhills, FL

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $995,000

    3.04 acre site for office/warehouse or light industrial development.

    Lot size:
    3.04 Acres

    Property Features for S Ave & Airport Rd

    General Information

    Lot size
    3.04 Acres

    We can help!

    Listing Contact
    Steve Toner
    Steve Toner
    Source: Moodyscre

    Listing Agent: Steve Toner

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

    Learn more

    Overview

    Development Site in Zephyrhills, FL

    This 3.04-acre site is available for development as an office, warehouse, or light industrial facility. The property consists of two sites, one spanning 1.01 acres and the other 2.03 acres. The seller intends to sell both sites together. The land is 100% uplands and has all utilities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Zephyrhills
    County
    Pasco
    State
    Florida
    Longitude
    -82.176937
    Latitude
    28.233396

    Nearby Similar for Sale

    • $869,900
      2,277 SF

      Zephyrhills Retail Space on Highway

      Retail property with large open floor plan in Zephyrhills, Florida.
      35331 State Road 54, Zephyrhills, FL 33541
      View Details
    • $3,490,000
      22,231 SF

      Zephyrhills Commercial Property on Gall Boulevard

      22,000+ SF commercial building on 2 acres in Zephyrhills.
      5435 Gall Blvd, Zephyrhills, FL 33542
      View Details
    • $118,900
      Pending

      RV Lot in Gated Community

      RV lot in 55+ gated community with resort-style amenities.
      3521 Pyrite Dr, Zephyrhills, FL 33540
      View Details
    • New
      $458,000
      Pending

      Versatile Commercial Property in Zephyrhills

      High-traffic location ideal for various business ventures.
      38201 10Th Ave, Zephyrhills, FL 33542
      View Details
    • $349,900
      Pending

      Turnkey Duplex in Zephyrhills

      Well-maintained duplex with strong rental income potential in a growing area.
      38600 Naomi Ave, Zephyrhills, FL 33542
      View Details
    • $375,000
      2,420 SF

      Zephyrhills Triplex with Income Potential

      Triplex in Zephyrhills, ideal for rental income or Airbnb.
      38250 E Collins Ave W, Zephyrhills, FL 33542
      View Details
    • $349,000
      Pending

      Updated Office Building in Zephyrhills

      Versatile Zephyrhills office building with modern upgrades and redevelopment potential.
      5445 6Th St, Zephyrhills, FL 33542
      View Details
    • $850,000
      Pending

      Established Zephyrhills Child Care Center

      Turn-key child care center with real estate for sale.
      5814 8Th St, Zephyrhills, FL 33542
      View Details
    • New
      $349,000
      Pending

      Turnkey Duplex in Zephyrhills

      Remodeled, fully furnished duplex near downtown Zephyrhills. Income potential.
      38750 2Nd Ave, Zephyrhills, FL 33542
      View Details
    • New
      $620,000
      Pending

      Mixed-Use Property in Zephyrhills, FL

      Profitable mixed-use property with retail and residential income streams.
      4723 Gall Blvd, Zephyrhills, FL 33542
      View Details
    • New
      $620,000
      Pending

      Mixed-Use Investment Opportunity, Zephyrhills

      Profitable mixed-use property with retail and residential income streams.
      4723 Gall Blvd, Zephyrhills, FL 33542
      View Details
    • $874,000
      Pending

      Zephyrhills Retail Building and Land

      Retail building and land for sale in Zephyrhills, Florida.
      5131 Gall Blvd, Zephyrhills, FL 33542
      View Details

    FAQs

    What type of property is this?
    Land - 3.04 acre site for office/warehouse or light industrial development.
    Where is this land located?
    The property is located at S Ave & Airport Rd Zephyrhills, FL.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: - 3.04 acre site suitable for office, warehouse, or light industrial development.; - 100% Uplands; - All utilities available
    (813) 391-0302
    Request Owner's contact information
    S Ave & Airport Rd Zephyrhills, FL
    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.
    S Ave & Airport Rd
    Zephyrhills, FL
    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
    S Ave & Airport Rd Zephyrhills, FL
    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

    We can help!
    Listing Contact
    Steve Toner
    Steve Toner
    (813) 391-0302
    Learn more
    Google sign-in failed. Please try again or use another login method.