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    Sr 54 Lutz, FL 33559

    Sponsored
    For Sale
    $6,500,000

    Prime C-3 zoned land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 36.33-acre commercial land parcel in Lutz, Florida, presents a significant development opportunity. Located in Pasco County, with a convenient address on State Road 54, this property boasts high visibility and easy access, situated only two miles from I-75. Zoned C-3 (Commercial, Light Manufacturing), it allows for a variety of uses, including office, industrial, retail, or hotel development. Pre-approved for 240,000 square feet of office and warehouse space, this site offers substantial potential. The property includes completed site plans, surveys, and environmental reports, streamlining the development process. Its location within a rapidly growing area, surrounded by existing retail, residential, and commercial facilities, ensures strong demand and future appreciation. The asking price is $6,500,000. The parcel ID is #14-26-19-0000-00100-0020. The seller will consider a trade or exchange. This is one of the last large parcels available for C-3 zoned commercial development in this thriving area. Detailed engineering documents and a survey are available for review. The property's strategic location and extensive pre-planning make it an attractive investment for developers seeking a prime location in a booming market. The high visibility and direct frontage on SR 54 provide excellent signage opportunities. This presents a rare chance to acquire a substantial land holding in a highly desirable location.

    Property Features for 0 Sr 54

    General Information

    Property type
    Manufacturing properties
    Lot Size
    1,582,535 SF

    HighLights

    • PARCEL ID: 14‑26‑19‑0000‑00100‑0020
    • 36‑acre commercial lot on State Road 54
    • High visibility and convenient access, 2 miles from I‑75
    • Price drastically reduced; seller highly motivated
    • Pasco County is a highly desirable location for living and working.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Lutz
    County
    Pasco
    State
    Florida
    Longitude
    -82.4152594
    Latitude
    28.1846893

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    FAQs

    What type of property is this?
    Manufacturing property - Prime C-3 zoned land, ideal for development.
    Where is this manufacturing property located?
    The property is located at Sr 54 Lutz, FL.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: PARCEL ID: 14-26-19-0000-00100-0020; 36-acre commercial lot on State Road 54; High visibility and convenient access, 2 miles from I-75
    Request Owner's contact information
    Sr 54 Lutz, FL 33559
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    Lutz, FL 33559
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    Realmo Value Estimation

    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.

    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.

    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
    Sr 54 Lutz, FL 33559
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