54 And Dairy Rd Cor, Zephyrhills, FL 33542
This exceptional 6.88-acre commercial land parcel presents a remarkable investment opportunity in Zephyrhills, Florida. Situated on the northwest corner of Eiland Boulevard (CR 54) and Dairy Road, this property enjoys a high-visibility location just two blocks from the US 301 commercial corridor and directly across from Zephyrhills High School. The land is zoned OOOP, permitting office professional uses or potential multifamily development. A concept plan for multifamily development already exists. All utilities are available. The asking price is $1,892,000, translating to $275,000 per acre. Significant pre-development work, including engineering, environmental, survey, legal, and construction cost estimations, has been completed and is available to the buyer. This property offers unparalleled access to a thriving community, benefiting from its proximity to a major commercial artery, schools, and a new public park. The site's size and zoning flexibility make it ideal for a variety of commercial ventures, including office buildings or a multifamily residential complex. Parcel numbers are 02-26-21-0010-05500-0040
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.