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    11820 State Road 54 Odessa, FL 33556

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    For Sale
    $3,600,000

    10,000 sq ft retail building anchored by Dollar Tree.

    Lot size:
    0.85 Acres

    Property Features for 11820 State Road 54

    General Information

    Lot size
    0.85 Acres

    Building Details

    Year built
    2024

    Source: BINGHAM REALTY INC Agent Bill Roose, Jr.

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

    Overview

    New Retail Building For Sale

    A recently constructed 10,000 square foot retail building is available for purchase. The property is anchored by Dollar Tree and is located in Odessa, Florida, just off State Road 54, a high-traffic corridor. The property is located in one of the fastest-growing submarkets in Pasco County. The offering is presented at a 6% CAP.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dollar Tree Dollar Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Hair Salon Auto Repair Shop Wholesale Shop Nail Salon

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

    Similar Places Nearby

    Odessa Flower Delivery

    Location Insight

    • Map
    • Local Demand
    City
    Odessa
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.6198422
    Latitude
    28.1892334

    Nearby Similar for Sale

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    • $1,200,000
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      Two-Building Commercial Opportunity on Gunn Highway

      Two-building commercial property on Gunn Highway with flexible layouts and ample parking.
      17110 Gunn Hwy, Odessa, FL 33556
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    FAQs

    What type of property is this?
    Storefront property - 10,000 sq ft retail building anchored by Dollar Tree.
    Where is this storefront property located?
    The property is located at 11820 State Road 54 Odessa, FL.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: - Anchor tenant is Dollar Tree, providing stable income.; - Located in Odessa, FL, a fast-growing submarket of Pasco County.; - High-traffic location off State Road 54.
    (813) 505-1289
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    Realmo Value Estimation

    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.

    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.

    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
    11820 State Road 54 Odessa, FL 33556
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