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Property profile & analytics
OFF-MARKET
Medical space

1314 148Th Ave Lutz, FL 33549

Property ID
US18-5619691
Property summary
AI-generated overview

This exceptional 1.73-acre (75,479 sq ft) site in Lutz, Florida, presents a turnkey opportunity for medical development. The property, encompassing two parcels (APN: U-31-27-19-1D0-000000-00025.0, U-31-27-1D0-000000-00024.0), boasts a pre-approved site plan for an 11,600 sq ft medical office building. Strategically located adjacent to Tampa Family Health Centers and near the new TECO operations center, this location offers excellent visibility and accessibility. Existing developed parking is readily incorporated into the approved plan, minimizing development costs and timelines. Significant investment has already been made in site preparation, including parking lot and retention development. The sale includes a building site with a traditional deed transfer and a parking parcel, transferable via an initial perpetual lease agreement ($1/year), a cross-access/parking agreement, or an eventual deed transfer. The property is zoned RMC-6 (Residential Multi-Family Conv 6 units/ac) and is conveniently situated in Lutz, east of I-275 and US 41, providing easy access to surrounding areas. This is a rare opportunity to acquire a fully permitted medical development site, ready for immediate construction, at an asking price of $1,050,000.

Property profile
Verified
Property type Medical space
APN U-31-27-19-1D0-000000-00025.0,U-31-27-1D0-000000-00024.0
UPID US18-5619691
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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