24400 State Road 54 Lutz, FL 33559
- Retail space
- 3,420 SF
- 1.00 lot acres
Current Use by Public Records
- Brunchies Breakfast, Brunch & Lunch / Breakfast Restaurant
Property Details for 24400 State Road 54
- Year built
- 2006
- Lot size
- 1.00 lot acres
- Property size
- 3,420 SF
- Zone code
- 00C2
- Property type
- Retail space
- APN
- 33-26-19-0000-00200-0090
- APU
- 3326190000002000090
Description
Eagle Plaza, a two-building retail center totaling 29,695 square feet, presents a prime opportunity in the thriving Wesley Chapel submarket of Lutz, Florida. Built in 2006, this single-story complex boasts a highly visible location on State Road 54, a major thoroughfare with an impressive average daily traffic count of 69,000 vehicles. Currently, 4,130 square feet of retail space is available, including a 3,030-square-foot unit with direct frontage on SR-54. This strategic location offers exceptional visibility and accessibility for businesses seeking high foot traffic. The property benefits from its proximity to key amenities, including a newly constructed EOS Fitness center and 252 multi-family units directly across the street, ensuring a consistent flow of potential customers. Furthermore, its convenient location, just a four-minute drive from the Tampa Premium Outlets and Interstate 75, provides easy access to a wider regional market. The property's address is 24400 State Rd 54, Lutz, FL 33559, and is situated within the Lutz/Wesley Chapel submarket cluster. This presents a rare opportunity to establish or expand a business in a dynamic and rapidly growing area. The property's zip code is 33559. The cross street is Oakgrove Boulevard.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,595,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,175,000
- 6.5%
- $6,090,000
- 7%
- $6,620,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,850,000
- Geo Method
- $6,790,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,535,000
- Retail
- $6,415,000
- Mixed-Use
- $6,720,000
- Hospitality
- $7,020,000
- Educational
- $5,735,000
- Residential Income
- $7,090,000
- Energy
- $6,605,000
- Income-Based Land
- $6,750,000
- Food Service
- $7,240,000
Location Insight
- Map
- Local Demand
- City
- Lutz
- County
- Pasco
- State
- Florida
- Longitude
- -82.4129
- Latitude
- 28.1853
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA