150 Whitaker Rd Lutz, FL 33549
- Office Properties & Spaces
- 2,112 SF
Current Use by Public Records
- Excel Water Systems, Inc. / Water Purification Company
- Excel Water Systems / Water Purification Company
- SalesExpress LLC / Consultant
Property Details for 150 Whitaker Rd
- Year built
- 1988
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Property size
- 2,112 SF
- Zone code
- PD
- Property type
- Office Properties & Spaces
- APN
- U2427180LK000011001500
- APU
- U2427180LK000011001500
Description
This exceptional investment opportunity presents a 2,020 square foot, two-unit office suite situated within the highly sought-after Lutz Landing complex. The property boasts excellent visibility, with a daily traffic count of 45,000 vehicles along US 41, ensuring high brand awareness and accessibility. Unit A, spanning a portion of the total square footage, has undergone recent renovations, including a complete HVAC system replacement, fresh paint, updated bathroom fixtures, and new lighting. This unit features a spacious reception area with capacity for 6-7 people, an open bullpen workspace, two private executive offices, a dedicated conference room, and a convenient restroom/utility closet. Unit B, also encompassing a portion of the total square footage, has been meticulously upgraded with new flooring, modern cabinetry and countertops, a new HVAC system, and updated lighting. This unit also includes an updated bathroom and is immediately ready for occupancy. Both units offer a modern and efficient layout, ideal for a variety of professional uses. The 0.05-acre lot provides ample parking and convenient access. The strategic location, just north of the Bearss Avenue/I-275 Interchange, offers unparalleled connectivity to major transportation arteries, making it an attractive proposition for businesses seeking convenient access to the wider Tampa Bay area. This property is priced at $475,000 and represents a compelling investment opportunity in a thriving commercial market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $430,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $565,000
- 6.5%
- $545,000
- 7%
- $535,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $580,000
- Geo Method
- $600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $580,000
- Retail
- $540,000
- Mixed-Use
- $590,000
- Hospitality
- $605,000
- Educational
- $520,000
- Residential Income
- $460,000
- Energy
- $640,000
- Income-Based Land
- $460,000
- Food Service
- $630,000
Location Insight
- Map
- Local Demand
- City
- Lutz
- County
- Hillsborough
- State
- Florida
- Longitude
- -82.4606
- Latitude
- 28.118
- CBSA code
- 45300
- CBSA name
- TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA
