38650 Cord St Zephyrhills, FL 33542
- Land
- 1.25 lot acres
Current Use by Public Records
- Land
Property Details for 38650 Cord St
- Lot size
- 1.25 lot acres
- Property type
- Land
Description
This exceptional 1.25-acre commercial property in Zephyrhills, Florida, presents a prime redevelopment opportunity. Located at 38650 Co Rd 54, this parcel comprises two contiguous lots totaling 1.25 acres, zoned C-1 and C-2 General Commercial, offering versatile development potential. The property boasts approximately 331 feet of frontage on County Road 54, a major thoroughfare with an average daily traffic count of 12,500 vehicles in 2023. Improvements to CR-54 are underway, adding a third lane directly in front of the property, further enhancing its visibility and accessibility. The site is conveniently located approximately three-quarters of a mile east of Gall Boulevard/US 301, providing excellent connectivity. One lot features a dilapidated house (built 1957) and the other a mixed-use structure (built 1950) of approximately 1,604 gross square feet, currently occupied by a commercial tenant on a month-to-month lease at $800 per month. The property is connected to Zephyrhills' municipal water system and each lot has a septic tank. The location is adjacent to Faith Baptist Church, with residential properties nearby, and a 4.7-acre neighboring parcel is undergoing permitting for 64 townhomes. This presents a unique chance to capitalize on the area's growth and high traffic volume. The asking price is $329,000. The property is in Flood Zone X. The lease on the existing structure expires August 31, 2023.
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
- Zephyrhills
- County
- Pasco
- State
- Florida
- Longitude
- -82.1766
- Latitude
- 28.2519
