0 Nwc Eiland Blvd & Ft King Rd, Zephyrhills, FL 33542
This exceptional 4-acre commercial land parcel in Zephyrhills, Florida, presents a remarkable investment opportunity. Located at the northwest corner of Eiland Boulevard and Ft King Road, this property boasts a prime location just 1350 feet west of US 301 (Gall Blvd), a major commercial corridor. Zoned for Neighborhood Commercial use, it's ideal for office, retail, restaurant, small hotel, medical, or park development. Significant engineering and development work is already complete, minimizing upfront costs and expediting the building process. The site is level to sloping, all upland, and benefits from existing utilities and roadway access. A significant advantage is the adjacency to a 354-unit multifamily residential complex under development and a bank to the east, creating a strong synergy for commercial growth. The nearby VA hospital further enhances the potential for medical office development. The property is available to be divided as needed or purchased as a whole. No water retention area is required due to existing infrastructure on a contiguous 25-acre parcel. This location within Zephyrhills, the largest city in Pasco County, offers excellent access to the Tampa Bay region. The APN is 03-26-21-0010-06200-0010 and 03-26-21-0010-06200-0000 (.8 acres of the east side of this parcel). The asking price is $2,600,000, with a price per acre of $650,000.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.