Technical
Financial
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Property profile

0 Fl-54 Lutz, FL 33559

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional opportunity presents 1.07, 1.39, or 2.07 acres of commercial land available for ground lease in the thriving Long Lake Ranch development in Lutz, Florida. Located at the highly visible southeast corner of State Road 54 and Sunlake Boulevard in Pasco County, this parcel benefits from its strategic position within a rapidly growing mixed-use community. Long Lake Ranch encompasses 163 acres and includes residential, medical, office, hotel, and commercial components. Mattamy Homes has recently completed a residential subdivision featuring over 350 homes and townhouses, ensuring a strong residential base. The property's zoning (PD) allows for diverse commercial uses, including retail, office, and hotel development. A new traffic signal, approved for installation, will be operational in the first quarter of 2024, further enhancing visibility and accessibility. Established businesses in the development include Tampa General Hospital, HCA, Andy's Frozen Custard, and 7-Eleven, providing a strong foundation for future growth. Parcel ID is 27-26-18-0000-00700-0010. Contact for ground lease pricing.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Fl-54 Lutz, FL 33559
Lutz metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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