54 Cord St, Zephyrhills, FL 33542
This exceptional 1.44-acre commercial development land presents a unique investment opportunity in Zephyrhills, Florida. Located in a thriving area with C1 Neighborhood Commercial zoning, this property allows for diverse uses including retail, medical, and office spaces, with a permitted building height of 60 feet. The site boasts excellent visibility and accessibility, situated along County Road 54 and 23rd Street, enjoying exposure to approximately 11,700 vehicles daily on County Road 54. Its strategic location places it near numerous national retailers such as Winn-Dixie, Family Dollar, Dollar General, Walgreens, CVS, Wawa, McDonald's, and Circle K, ensuring high foot traffic and brand recognition. Furthermore, the property's proximity to Florida Medical Clinic, AdventHealth Zephyrhills Hospital, and Zephyrhills Municipal Airport enhances its appeal. The strong demographics of the area, with a population exceeding 61,100 within a 5-mile radius and projected 5% growth by 2027, underscore the long-term potential of this investment. The property is conveniently located just 1.5 miles from the Florida Medical Clinic and AdventHealth Zephyrhills Hospital, and 2 miles from downtown Zephyrhills. Its location offers easy access to Tampa, situated approximately 30 miles away. The asking price for this exceptional property is $499,000. This is a rare opportunity to acquire a highly desirable commercial parcel in a rapidly growing market.
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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