54 & Dairy Rd. Zephyrhills, Zephyrhills, FL 33542
This exceptional 3.05-acre commercial land parcel presents a remarkable development opportunity in Zephyrhills, Florida. Strategically located at the northeast corner of CR 54 and Dairy Road, this property enjoys a high-visibility position just two blocks from the US 301 commercial corridor, offering unparalleled access to major transportation routes. The site is zoned for a variety of uses, including Office/Professional, Community Commercial (C-2), and MU (Mixed Use), allowing for flexibility in development plans. Approximately 2.3 acres are suitable for general retail, hospitality, auto-oriented uses, and office space, while the remaining 0.75 acres is designated for professional services and related commercial activities. A concept plan for an office complex or multi-family development is available. Significant pre-development work has already been completed, including engineering, environmental studies, surveying, legal review, and construction cost estimations, saving the buyer considerable time and expense. The property boasts all available utilities and is situated in a desirable location across from Zephyrhills High School, near a grade school, a Wawa convenience store, and a new public park. The land itself is upland, level, and mostly cleared, making it ideal for immediate construction. This prime location in the heart of Zephyrhills, the largest city in rapidly growing Pasco County, offers exceptional potential for significant return on investment. The asking price is $838,750, representing a land value of $275,000 per acre. Parcel numbers are 02-26-21-0010-05900-0020 and 02-26-21-0010-05900-0010.
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
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