5513 Chaparral Ln Holiday, FL 34690
- Lifestyle centers
- 8,202 SF
Current Use by Public Records
- Lifestyle centers
Property Details for 5513 Chaparral Ln
- Year built
- 1979
- Property size
- 8,202 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This 8,202 square foot, single-story shopping center in Holiday, Florida presents a unique value-add investment opportunity. Located at 5513 Chaparral Ln, 34690, this distressed property sits on 0.48 acres and is currently 18% occupied with two month-to-month tenants. The property, built in 1979, consists of ten units within a single building and is classified as Class D. The sale is an "as-is" transaction. Currently zoned C2 commercial, the future land use designation is IL, allowing for light industrial applications. The property is situated in an AE flood zone. This multi-tenant, gross lease property offers significant upside for an investor seeking to reposition or redevelop the asset. The asking price is $600,000. The property's current condition and zoning provide a compelling opportunity for a buyer to capitalize on its potential. This is a value-add investment with potential for significant returns.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Holiday
- County
- Pasco
- State
- Florida
- Longitude
- -82.7229
- Latitude
- 28.1988