Two-Story Office and Financial Building

5435 Gall Boulevard ZEPHYRHILLS Zephyrhills, FL 33542

Claim this Listing
New
For Sale
$3,490,000

Concrete and block office building with teller and vault areas, two floors of offices, and on-site parking.

Property size:
22,231 SF
Lot size:
2.00 Acres
Price / SF:
$156/SF
Added:
Jul 8, 2026
Days on Market:
4
Last Refresh:
Jul 9 at 2:56 am

Property Features for 5435 Gall Boulevard ZEPHYRHILLS

General Information

Standard status
Active
Size
22,231 SF
Lot size
2.00 Acres

Building Details

Year Built
1972

Listing office

Listing date Jul 8, 2026

Source Yourfhrm

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 Debra Warren Smothers


Investment Insights

Based on property information with market context.

Located along the highly visible Gall Boulevard/US 301 corridor, this concrete/block building is positioned in a City redevelopment zone and an Opportunity Zone. The property is zoned Community Commercial (C-2) and is described as within a priority area of the City’s GoingPLACES Mobility Plan.

The first floor features a large open lobby, multiple private offices, conference room(s), teller stations, vault areas, storage, a break-room, mechanical space, and dual restrooms. The second floor includes additional office space with conference room, open workspace, restrooms, storage, and mechanical areas.

The site provides on-site parking for approximately 75+ vehicles. The roof was replaced in 2022. Annual Average Daily Traffic (AADT) is listed as 19,800, and surveys and redevelopment documents are available upon request. The property is reported to have no known environmental issues, subject to buyer verification during due diligence.

Key Highlights

  • Concrete/block office building built in 1972 with 2 floors and 22,000+ SF on a 2‑acre lot
  • Large first‑floor lobby plus multiple private offices, conference rooms, teller stations, vault areas, break‑room, storage, and dual restrooms
  • Second floor includes 11,019 SF with offices, conference/open workspace, restrooms, storage, and mechanical areas

Local Financial Insights For Specialty 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 $346.8k $15.60
− Vacancy −$17.3k −$0.78
EGI $329.5k $14.82
− OpEx −$82.4k −$3.70
NOI $247.1k $11.11
22,231 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$3.53M
$3.09M – $4.12M (±1% cap)
NOI $247,098 @ 7.0% cap · market cap 7.08%
Second Best
Retail
$3.12M
$2.73M – $3.64M (±1% cap)
NOI $218,253 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$5.06M
$4.43M – $5.91M (±1% cap)
NOI $354,487 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Real Estate Agency Law Firm Gym & Fitness Center Pharmacy Dental Office Garden Center Bakery Storage Facility Food Market Electrical Service

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

FAQs

What type of property is this?
Office building - Concrete and block office building with teller and vault areas, two floors of offices, and on-site parking.
Where is this office building located?
The property is located at 5435 Gall Boulevard ZEPHYRHILLS Zephyrhills, FL.
What is the asking price?
The asking price for this property is $3,490,000.
What are key features of this property?
This property features: Concrete/block office building built in 1972 with 2 floors and 22,000+ SF on a 2‑acre lot; Large first‑floor lobby plus multiple private offices, conference rooms, teller stations, vault areas, break‑room, storage, and dual restrooms; Second floor includes 11,019 SF with offices, conference/open workspace, restrooms, storage, and mechanical areas
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