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Property profile & analytics
OFF-MARKET Estimated value $610,000
Retail space

21202 Mariner Pl Lutz, FL 33549-4103

4,313 SF 1.04 ac lot Built 1985
Entity Owned 26-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-4502991
Property summary
AI-generated overview

This Lutz, Florida property offers two immediately available suites within a single-story, 8,592 square foot Class B retail center built in 1985. One suite, totaling 950 square feet, is a fully built-out office space featuring a waiting area, open workspace, four private offices, and a restroom. The second suite offers 1,100 square feet with a spacious layout, 15-foot ceilings, one private workspace, and a restroom. The center boasts a highly visible location at the intersection of SR 54 and US 41, experiencing daily traffic exceeding 65,000 vehicles. Its strategic positioning provides easy access to major thoroughfares, including proximity to N Dale Mabry Hwy (0.5 miles), Collier Pkwy (2 miles), Wesley Chapel Blvd (4.5 miles), and Suncoast Pkwy (under 5 miles). The property features over 200 feet of frontage along a four-way signalized intersection, benefiting from two dedicated curb cuts and easement access from an adjacent CVS. Ample parking is provided with 20 spaces. Recent improvements include parking lot resurfacing and restriping, as well as an upgraded retention area. Future plans include exterior renovations with fresh paint. Tenant improvement allowances or rent abatements may be available for qualified tenants. The property is zoned C2 and offers multiple tenancy options with a minimum divisible space of 950 square feet.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Total area 4,313 SF
Lot 1.04 ac (45,506 SF)
Zoning code 00C2
APN 25-26-18-0000-05700-0020
UPID US18-4502991
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
Current use
Occupant on record · Public records
  • Pinch A Penny Pool Patio Spa (Bike/Boat/Book/etc) Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
$650k
Comparable Approach Comparable
$443k
Blend (final) Blend
$610k
Owner & transaction history
Mcbride Dev INC
Mcbride Dev INC
2 recorded transactions
1969
Price N/A
1969
Price N/A
Zoning & alternative use
00C2 · Lutz, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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