Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    17500 Marsh Rd Lutz, FL 33558

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,000,000

    Versatile commercial property with multiple buildings and redevelopment potential.

    Property size:
    6,088 SF
    Lot size:
    5.00 Acres

    Property Features for 17500 Marsh Rd

    General Information

    Standard status
    Active
    Size
    6,088 SF
    Lot size
    5.00 Acres

    Building Details

    Year built
    1965

    We can help!

    Listing Contact
    Linda Ruffini
    Linda Ruffini
    Source: Corcoran

    Listing Agency: TOWN CHASE PROPERTIES Listing Agent: Linda Ruffini

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

    Learn more

    Overview

    Lutz Commercial Property with Buildings

    This commercial property features five existing buildings on 5 acres. The expansive site is positioned off Van Dyke Road, Lakeshore Road, and Marsh Road. The property is suitable for business operations, storage, workshops, or redevelopment. The existing buildings include one single-family home with three apartments and 3 1/2 baths, as well as four other buildings currently used as a sanctuary, a nursery and storage area, a classroom, and meeting rooms. The property has a flat, open layout with easy access and parking. It is centrally situated minutes from major highways, retail centers, and local amenities. The total size of the buildings is 6088 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Nail Salon Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lutz
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.528698
    Latitude
    28.124954

    Nearby Similar for Sale

    • $1,500,000
      Pending

      Versatile Property Near Van Dyke Road

      10-acre property with seven buildings, ideal for redevelopment or business.
      17515 Lakeshore Rd, Lutz, FL 33558
      View Details
    • $1,100,000
      Pending

      Move-in Ready Lutz Office Building

      Spacious, updated office building with high-end finishes and ample parking.
      18540 N Dale Mabry Hwy, Lutz, FL 33548
      View Details
    • New
      $175,000
      1,311 SF

      Lutz Duplex with 2018 Roof

      Investor special: duplex in Lutz/Wesley Chapel corridor, tenant occupied.
      4965 Steel Dust Ln, Lutz, FL 33559
      View Details
    • $2,000,000
      6,088 SF

      Lutz Property with Multiple Buildings

      Five-acre property with five buildings suitable for various uses.
      17500 Marsh Rd, Lutz, FL 33558
      View Details
    • $130,000

      Turnkey Shipping Business Opportunity

      Established shipping and packing business in Lutz, Florida for sale.
      E County Line Rd, Lutz, FL 33559
      View Details
    • $600,000
      1,847 SF

      Lutz Pool Home on Acreage

      Spacious 5-bedroom home with pool on 0.69 acres.
      820 Crenshaw Lake Rd, Lutz, FL 33548
      View Details
    • $950,000

      Lutz Commercial Property for Sale

      Commercial property with offices, lake, and development potential.
      2902 W Lutz Lake Fern Rd, Lutz, FL 33558
      View Details
    • Contact for pricing
      10,000 SF

      Lutz Suburban Office Complex

      10,000 SF office complex in Lutz, Florida.
      18115 N 41 Hw, Lutz, FL
      View Details
    • Contact for pricing
      7,153 SF

      New Retail Center For Sale

      New construction retail center with long-term tenant leases.
      24791-24799 State Road 54, Lutz, FL 33559
      View Details
    • Contact for pricing

      Lutz Convenience Store on Highway

      Established convenience store on a busy highway with retail potential.
      19017 N Us Highway 41, Lutz, FL 33549
      View Details
    • Contact for pricing
      2,493 SF

      Chipotle NNN Investment Opportunity

      Long-term NNN lease with corporate guaranteed Chipotle.
      17951 N Dale Mabry Hwy, Lutz, FL 33548
      View Details
    • $799,995
      2,500 SF

      Lutz Professional Office For Sale

      Professional office space in Lutz, Florida, with backup generator.
      17749 Hunting Bow Cir, Lutz, FL 33558
      View Details

    FAQs

    What type of property is this?
    Commercial land - Versatile commercial property with multiple buildings and redevelopment potential.
    Where is this commercial land located?
    The property is located at 17500 Marsh Rd Lutz, FL.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - 10 Acres of Contiguous, Usable Land in a Prime Location; - Seven Existing Buildings Suitable for Diverse Uses; - High-Traffic Location off Van Dyke Road, near Major Highways and Amenities
    (813) 767-4659
    Request Owner's contact information
    17500 Marsh Rd Lutz, FL 33558
    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.
    17500 Marsh Rd
    Lutz, FL 33558
    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
    17500 Marsh Rd Lutz, FL 33558
    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
    Linda Ruffini
    Linda Ruffini
    Real Estate License ID: 3166012
    (813) 767-4659 (813) 818-0044
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!