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    26835 Wesley Chapel Blvd Wesley Chapel, FL 33544-4277

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    26835 Wesley Chapel Blvd Wesley Chapel, FL 33544-4277


    • Commercial land
    • 1.35 lot acres
    Off-Market
    Last Sale Dec 17, 2024
    $2,450,000
    Property ID
    US19-0122791
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,450,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 26835 Wesley Chapel Blvd

    Lot size
    1.35 lot acres
    Zone code
    MPUD
    Property type
    Commercial land
    APN
    11-26-19-0140-00000-0070
    APU
    1126190140000000070

    Description

    This exceptional investment opportunity presents a brand-new, fee-simple owned, 7,225 square foot O'Reilly Auto Parts store in Wesley Chapel, Florida. Built in 2023, this property boasts a 15-year net lease with a credit-rated tenant and corporate guarantee, providing significant financial stability. The lease commenced December 31, 2023, and includes four 5-year renewal options with a 6% rent increase at the beginning of each option and year 11. The property sits on a 1.35-acre lot with 38 parking spaces and enjoys excellent visibility and accessibility, fronting Wesley Chapel Boulevard (20,000 vehicles per day) and located just 1.5 miles from Interstate 75 (73,800 vehicles per day). The strong demographics of the area, including nearly 100,000 residents and 27,000 employees within a 5-mile radius and a $127,493 average household income, further enhance the investment's appeal. Significant nearby development, including a new apartment complex, a large residential community, and a new Baycare hospital, promises continued growth and increased traffic. The property's location near The Grove at Wesley Chapel power center and other national retailers creates strong tenant synergy. The current Net Operating Income (NOI) is $139,800, resulting in a 5.60% cap rate. This is a rare opportunity to acquire a high-performing, long-term net lease investment in a rapidly growing Florida market. The property's APN is 11-26-19-0140-00000-0070. The asking price is $2,496,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,450,000
      ML approach
      $2,450,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Wesley Chapel
    County
    Pasco
    State
    Florida
    Longitude
    -82.3735
    Latitude
    28.2309
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,596
    $924,368
    $0.00
    $924,368
    -
    $924,368
    $0.00
    $924,368
    More about this property
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