Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Point Cypress Blvd Wesley Chapel, FL 33543
    Back to Search
    Property profile & analytics

    Point Cypress Blvd Wesley Chapel, FL 33543

    View on Map
    • Land
    • 0.65 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Point Cypress Blvd

    Lot size
    0.65 lot acres
    Property type
    Land

    Description

    This exceptional .65-acre commercial land parcel is situated on Point Cypress Boulevard in Wesley Chapel, Florida, boasting 200 feet of frontage along State Road 54. Priced at $1,200,000, this property is nearing final C2 zoning approval, presenting a significant investment opportunity. The location offers unparalleled visibility and accessibility, being less than a quarter mile from a major intersection anchored by a Publix plaza and other popular retailers. Its proximity to Avalon Park West, a thriving $785 million live-work-play community encompassing over 4,400 new homes, Class "A" office space, and extensive commercial development, ensures a robust and growing market. The high traffic count of 32,000 AADT on SR 54 guarantees significant exposure to a substantial population with above-average household incomes. The property's APN is 18-26-21-0000-01600-0020. This location also benefits from its proximity to a new 228-unit apartment complex and other nearby multifamily developments. This is a rare opportunity to acquire a strategically positioned commercial lot in a rapidly expanding area of Pasco County, Florida, zip code 33543.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wesley Chapel
    County
    Pasco
    State
    Florida
    Longitude
    -82.2514
    Latitude
    28.2189

    Comparable in this City

    • Value Estimation by Request
      1.90 Acres

      54 & New Riv Rd

      Land • 1.90 Acres
      54 & New Riv Rd, Wesley Chapel, FL 33543
      View Details
    • Value Estimation by Request

      34302 State Road 54

      Land
      34302 State Road 54, Zephyrhills, FL 33543
      View Details
    • Value Estimation by Request

      Wesley

      Land
      0 Wesley, Zephyrhills, FL 33543
      View Details
    • Value Estimation by Request
      2.98 Acres

      Wesley Chapel, FL 33543

      VACANT COMMERCIAL LAND • 2.98 Acres
      Wesley Chapel, FL 33543
      View Details
    • Value Estimation by Request
      2.77 Acres

      4355 Friendly Way

      VACANT COMMERCIAL LAND • 2.77 Acres
      4355 Friendly Way, Wesley Chapel, FL 33543
      View Details
    • Value Estimation
      $5,925,000
      4.78 Acres

      Wesley Chapel, FL 33543

      VACANT COMMERCIAL LAND • 4.78 Acres
      Wesley Chapel, FL 33543
      View Details

    Similar Nearby for Sale

    • $485,000

      4.5 Acre Vacant Land Parcel

      4.5 acre vacant land parcel in desirable location.
      1565 Creek Rd, Wesley Chapel, FL 33543
      View Details
    • Contact for pricing

      Land Near Two Rivers Development

      Land parcel near future development with utilities available.
      3230 Apfel Rd, Wesley Chapel, FL 33543
      View Details
    • $360,000
      3.22 Acres

      Wesley Chapel Acreage Opportunity

      3.22 acres in prime Wesley Chapel location.
      Tina Marie Dr, Zephyrhills, FL 33543
      View Details
    • Contact for pricing

      5.71 Acres on FL-54

      5.71 acres available on FL-54 in a high-growth corridor.
      31721 Florida 54, Zephyrhills, FL 33543
      View Details
    • $300,000
      0.70 Acres

      Wesley Chapel Land Opportunity

      Nearly 1 acre lot in gated Wesley Chapel community.
      5653 Killian Path, Wesley Chapel, FL 33543
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      522,720 SF

      Prime Wesley Chapel Outparcels

      Exceptional commercial land near Epperson.
      0 Wesley, Zephyrhills, FL 33543
      View Details
    • Contact for pricing

      Zephyrhills Commercial Land for Rent

      Commercial land with direct access, zoned C2, available for rent.
      37042 State Road 54, Zephyrhills, FL 33543
      View Details
    • $120,000

      Wesley Chapel Commercial Land For Lease

      1.3 acre C-2 zoned parcel with high visibility.
      34020 State Road 54, Wesley Chapel, FL 33543
      View Details
    • Contact for pricing

      Medical Office Space For Rent

      Strategically located near BayCare Hospital and future PAM Health hospital.
      4416 Bruce B Downs Blvd, Wesley Chapel, FL 33543
      View Details
    • $27 SF/Yr
      1,843 SF

      Wesley Chapel Office Space Available

      Office space in Brookside Prof Center, ready for occupancy.
      29139-29153 Chapel Park Dr, Wesley Chapel, FL 33543
      View Details
    • Contact for pricing

      Shops at Wiregrass Retail Space

      Premier shopping destination in Wesley Chapel, Northern Tampa.
      28211 Paseo Dr, Wesley Chapel, FL 33543
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Point Cypress Blvd
    Wesley Chapel, FL 33543
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Point Cypress Blvd, Wesley Chapel, FL, 33543
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!