Zephyrhills Retail Space with
5500 6TH St Zephyrhills, FL 33542
5500 6TH St, Zephyrhills, FL, 33542
$1,850,000
For Sale
$1,850,000
Air-conditioned retail space with warehouse in downtown Zephyrhills.
Property Size11,900 SF
Lot Size0.96 Acres
Price / SF$155.46
Days on Market86
Property Features for 5500 6TH St
General Information
- Standard status
- Active
- Size
- 11,900 SF
- Lot size
- 0.96 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1972
Listing Agency
SFL Investment Group, LLC dba Keller Williams Realty New Tampa
(352) 235-0334
Listed by
Bobby Welbourn · License #3039822
(352) 235-0334
Source
Elliman
Added: Apr 24 Checked: Jul 17 at 7:56 am
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 SFL Investment Group, LLC dba Keller Williams Realty New Tampa
Investment Insights
Based on property information with market context.
This property features 11,900 square feet of air-conditioned retail space in downtown Zephyrhills, situated between main street thoroughfares with high traffic and visibility. The building's exterior has been renovated to reflect current retail trends. The floor plan includes a large counter/cashier bar, a private office, and two restrooms. Additionally, there is a 25'x80' warehouse space with 12' ceilings and a 10'x10' roll-up door. The sale includes three parcels totaling 0.96 acres, with an option to purchase an adjoining 0.24 acres with 75' of US301 frontage. The lighted parking lot provides 17 spaces, plus 7 overflow spaces. The lot has city street frontage on three sides and paved alley access on the fourth side. The zoning is broad and general, allowing for a wide spectrum of approved uses. New showroom carpeting was installed in 2019. The open, spacious 95'x112' showroom features ceilings over 10 feet high. The entry includes two large display windows and a glass door, all equipped with retractable steel security curtains.
Key Highlights
- 11,900 sq ft air conditioned retail space in downtown Zephyrhills with high traffic and visibility.
- Includes a 25'x80' warehouse with 12' ceilings and a 10'x10' roll‑up door.
- Sale includes 0.96 acres across 3 parcels with option to purchase an additional 0.24 acres with US301 frontage.
Local 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 | $178.5k | $15.00 |
| − Vacancy | −$11.6k | −$0.98 |
| EGI | $166.9k | $14.03 |
| − OpEx | −$50.1k | −$4.21 |
| NOI | $116.8k | $9.82 |
11,900 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.67M
$1.46M – $1.95M
NOI $116,828 @ 7.0% cap · market cap 6.32%
Second Best
Warehouse
$1.66M
$1.45M – $1.93M
NOI $115,943 @ 7.0% cap · market cap 6.27%
Theoretical Best
Office A
$2.71M
$2.37M – $3.16M
NOI $189,753 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Badcock Home Furniture ...
Home Decor Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Air-conditioned retail space with warehouse in downtown Zephyrhills.
Where is this retail space located?
The property is located at 5500 6TH St Zephyrhills, FL.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 11,900 sq ft air conditioned retail space in downtown Zephyrhills with high traffic and visibility.; Includes a 25'x80' warehouse with 12' ceilings and a 10'x10' roll‑up door.; Sale includes 0.96 acres across 3 parcels with option to purchase an additional 0.24 acres with US301 frontage.
