Highway-Frontage Storefront
For Sale
$795,000
18843 N 41 HWY, Lutz, FL 33549
Commercial Sale, LUTZ, FL
Property Size3,576 SF
Lot Size0.82 Acres
Price / SF$222.32
Days on Market194
Property Features for 18843 N 41 HWY
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
CG
Subdivision
EAST NORTH TAMPA
Directions
From I-275 North, take the exit for Fletcher Avenue West, continue west to US Highway 41, turn right (north) on US-41, and continue approximately 6 miles. The property will be on your right.
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
Legal Description
EAST NORTH TAMPA LOTS 1 2 3 4 AND 5 AND N 1/2 OF ALLEY ABUTTING THEREON BLOCK 26
Utilities
Cooling system
Central Air
Building Details
Year built
1962
Floors in Building
1
Building materials
Block
Listing Agency:
RE/MAX PREMIER GROUP · RE/MAX International
(813) 929-7600
Listed By:
Sunny Sidhu · License #BK3326186
(813) 995-1600
Added: Apr 23
Changed: Oct 16
Last Checked: Nov 2 at 8:06PM
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.
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Investment Insights
Based on property information with market context.
This 3,576-square-foot storefront property occupies 0.82 acres along US Highway 41. Built in 1962, the block building has central air and is vacant. Its condition calls for roof replacement and full interior rehabilitation; mold is also a known issue. The sale is as-is, and access requires an appointment and an executed liability release.
The site has direct frontage on US Highway 41, where reported average daily traffic is approximately 33,500–34,000 vehicles. Dale Mabry Highway and I-275 are described as minutes away. The property is zoned CG.
The site has direct frontage on US Highway 41, where reported average daily traffic is approximately 33,500–34,000 vehicles. Dale Mabry Highway and I-275 are described as minutes away. The property is zoned CG.
Key Highlights
- 3,576‑square‑foot vacant storefront building
- 0.82‑acre site with direct frontage on US Highway 41
- Reported US Highway 41 traffic: approximately 33,500–34,000 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,107
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,140
$702.1K
Cap Rate 7%
$501,529
$501.5K
Cap Rate 9%
$390,078
$390.1K
Market Conditions
NOI Build-Up for 3,576 SF
Gross rent
$53.6K $15.00/SF
− Vacancy
−$3.5K −$0.98/SF
EGI
$50.2K $14.03/SF
− OpEx
−$15.0K −$4.21/SF
NOI
$35.1K $9.82/SF
Area
Hillsborough County, FL
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$702,140
Cap Rate 7%
$501,529
Cap Rate 9%
$390,078
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
34,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33549, FL
17,816
Population
7,586
Households
2.3
Avg Household Size
44
Median Age
40%
College-Educated
93%
High-School Grad
12.2 sq mi
ZIP Area
1,460
Density / Sq Mi
$85,066
Median Household Income
$53,991
Median Earnings
$1,582
Median Rent
$339,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - The vacant building needs roof replacement and comprehensive interior rehabilitation.
Where is this storefront property located?
The property is located at 18843 N 41 HWY 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: 3,576‑square‑foot vacant storefront building; 0.82‑acre site with direct frontage on US Highway 41; Reported US Highway 41 traffic: approximately 33,500–34,000 vehicles per day
