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Property profile & analytics
OFF-MARKET Estimated value $645,000
Medical Office Space

37802 Medical Arts Ct Zephyrhills, FL 33541-4325

4,000 SF 0.92 ac lot Built 1994
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US18-3347921
Property summary
AI-generated overview

This exceptional 2,483-square-foot medical office space is situated within the Townview Medical Arts Center in Zephyrhills, Florida. Part of a larger 7,733-square-foot building, this single-story, concrete block structure with a metal roof boasts a recently completed exterior upgrade, including fresh paint, landscaping, and a restriped and sealed parking lot. The unit, number 37802, enjoys high visibility at the corner of Medical Arts Court and Greenslope Drive, further enhanced by directory signage on the prominent pylon sign at US 301 and Medical Arts Ct. Previously configured as a lab, the space includes a lobby, reception area, spacious waiting room, two restrooms, multiple exam/office rooms, and a kitchen/lab area. A private staff rear entrance adds convenience. Ample parking is available. The property sits on a 0.92-acre lot and is zoned C2, ideal for a variety of medical, professional, or commercial uses, including home health, physician's offices, physical therapy, and more. Its location along the Pasco County public transit line ensures accessibility for patients and clients. The lease rate is $18 per square foot, plus $5 NNN and applicable sales tax. Built in 1994, this property offers a blend of established infrastructure and modern upgrades, making it an attractive opportunity for businesses seeking a well-located and functional space. The APN is 34-25-21-0000-00300-0082.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1994
Total area 4,000 SF
Lot 0.92 ac (40,209 SF)
Zoning code 00C2
APN 34-25-21-0000-00300-0082
UPID US18-3347921
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
$710k
CAP Approach CAP
$570k
Comparable Approach Comparable
$661k
Blend (final) Blend
$645k
Owner & transaction history
Map Holdings Zh LLC · 4 yrs held
Map Holdings Zh LLC
since 2022
Last sale
$700,000
2 recorded transactions
2022
$700,000
1969
Price N/A
Zoning & alternative use
00C2 · Zephyrhills, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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