Zephyrhills Commercial Land
5023 6TH STREET Zephyrhills, FL 33542
For Sale
$265,000
Pending
Commercial land in Zephyrhills, ideal for business, office, retail.
Property Size1,152 SF
Lot Size0.40 Acres
Days on Market731
Property Features for 5023 6TH STREET
General Information
Standard status
Pending
Size
1,152 SF
Lot size
0.40 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1950
Listing Agency:
KILGORE REAL ESTATE OF PASCO
(813) 782-6333
Listed By:
Wayne Tanner · License #194505
(813) 782-6333
Source:
Exitrealty
Added: Jul 29, 2024
Changed: Jul 6
Last Checked: Jul 29 at 8:56AM
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 KILGORE REAL ESTATE OF PASCO
Investment Insights
Based on property information with market context.
Located in the City of Zephyrhills, this property offers possibilities under SD zoning. It is suitable for business, office, or retail use. The property size is 1152 square feet.
Key Highlights
- Great location in Zephyrhills.
- SD zoning allows for Business, Office, or Retail.
- Lots of possibilities due to zoning.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.3k | $15.00 |
| − Vacancy | −$1.1k | −$0.98 |
| EGI | $16.2k | $14.03 |
| − OpEx | −$4.8k | −$4.21 |
| NOI | $11.3k | $9.82 |
1,152 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$161.6K
$141.4K – $188.5K
NOI $11,310 @ 7.0% cap · market cap 4.27%
Second Best
Office B
$111.1K
$97.2K – $129.6K
NOI $7,774 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$262.4K
$229.6K – $306.2K
NOI $18,369 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land in Zephyrhills, ideal for business, office, retail.
Where is this commercial land located?
The property is located at 5023 6TH STREET Zephyrhills, FL.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Great location in Zephyrhills.; SD zoning allows for Business, Office, or Retail.; Lots of possibilities due to zoning.
