3702 Land O' Lk Blvd Land O' Lakes, FL 34639
This 2,458 sq ft freestanding retail building, located at 3702 Land O' Lakes Blvd in Pasco County, Florida (zip code 34639), is situated on a 0.88-acre lot and offers exceptional visibility on US-41 (Land O' Lakes Blvd). The property features a small lobby leading to retail space, a hallway connecting private office space, three bathrooms, and storage areas. A large shelved storage room leads to a residential area with two bedrooms, a full kitchen, a full bath, and an additional kitchenette. A double door provides rear building and yard access. The property includes an open parking area and additional parking on the grounds. Significant recent improvements include a new HVAC unit (2021), a secondary unit replaced in 2014, and a new roof (within the last year). Electrical upgrades in 2014 incorporated energy-efficient lighting and signage. The well pump was updated within the last seven years. C2 zoning permits a wide array of uses, including potential redevelopment up to approximately 19,166 sq ft based on a 0.50 FAR. The property boasts over 172 feet of frontage on this prime Tampa roadway, with an AADT of 46,000. The asking price is $1,300,000. A 25+ year successful business may be negotiable as part of the sale. The property is high and dry, eliminating the need for flood insurance. Easy access to surrounding counties (Hillsborough, Pasco, Pinellas, and Hernando) is provided via US-41, SR 54, I-275, I-75, and I-4.
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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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.