Retail Building with Highway
18843 N 41 Highway Lutz, FL 33549
For Sale
$795,000
SINGLE_FAMILY - LUTZ, FL
Property Size3,576 SF
Lot Size0.82 Acres
Price / SF$222.32
Days on Market97
Property Features for 18843 N 41 Highway
General Information
Property type
Residential
Property subtype
Retail
Zoning
CG
Standard status
Active
APN
U-12-27-18-0JG-000026-00001.0
Size
3,576 SF
Lot size
0.82 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
EAST NORTH TAMPA LOTS 1 2 3 4 AND 5 AND N 1/2 OF ALLEY ABUTTING THEREON BLOCK 26
Tax Annual Amount
10249
Utilities
Cooling system
Central Air
Building Details
Year built
1962
Floors in Building
1
Building materials
Block
Listing Agency:
RE/MAX PREMIER GROUP
(813) 929-7600
Listed By:
Sunny Sidhu · License #3326186
(813) 995-1600
Added: Apr 23
Changed: Jul 27
Last Checked: Jul 28 at 7:06AM
MLS# TB8501903
Copyright © 2026 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This vacant retail building sits on a 0.82-acre lot with direct frontage on US Highway 41. The property requires rehabilitation, and is being sold strictly as-is. Known conditions include mold, roof replacement needed, and full interior rehabilitation.
The listing notes proximity to Dale Mabry Highway and I-275, with approximately 33,500–34,000 vehicles per day passing directly in front of the site based on reported average daily traffic.
Before scheduling or accessing the property, buyers are required to submit proof of funds or lender pre-approval. Buyer and buyer’s agent must execute the attached Hazardous Property Access & Liability Release Form prior to any access, and the property should not be walked without a confirmed appointment and executed release on file.
The listing notes proximity to Dale Mabry Highway and I-275, with approximately 33,500–34,000 vehicles per day passing directly in front of the site based on reported average daily traffic.
Before scheduling or accessing the property, buyers are required to submit proof of funds or lender pre-approval. Buyer and buyer’s agent must execute the attached Hazardous Property Access & Liability Release Form prior to any access, and the property should not be walked without a confirmed appointment and executed release on file.
Key Highlights
- 0.82‑acre lot with direct frontage on US Hwy 41 in an established commercial corridor near Dale Mabry Hwy and I‑275
- US Hwy 41 averages about 33,500–34,000 vehicles per day directly in front of the property
- Vacant building (year built 1962) requiring full interior rehabilitation
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 | $53.6k | $15.00 |
| − Vacancy | −$3.5k | −$0.98 |
| EGI | $50.2k | $14.03 |
| − OpEx | −$15.0k | −$4.21 |
| NOI | $35.1k | $9.82 |
3,576 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$501.5K
$438.8K – $585.1K
NOI $35,107 @ 7.0% cap · market cap 4.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$906.2K – $1.21M
NOI $72,495 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Vacant retail building on a 0.82-acre lot with direct frontage on US Highway 41, sold as-is and needing rehabilitation.
Where is this retail space located?
The property is located at 18843 N 41 Highway Lutz, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 0.82‑acre lot with direct frontage on US Hwy 41 in an established commercial corridor near Dale Mabry Hwy and I‑275; US Hwy 41 averages about 33,500–34,000 vehicles per day directly in front of the property; Vacant building (year built 1962) requiring full interior rehabilitation
