Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4961 Van Dyke Rd Lutz, FL 33558

    • Medical offices
    • 3,136 SF
    • 0.06 lot acres
    For Sale
    View listing
    $999,900
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US18-0423536
    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.

    Current Use by Public Records

    • Titan Spine and Sports Medicine / Chiropractor / Medical Clinic
    • Austin E. Dacanay, DC / Chiropractor

    Property Details for 4961 Van Dyke Rd

    Year built
    2005
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.06 lot acres
    Property size
    3,136 SF
    Zone code
    PD
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    U172718ZZZ000000582502
    APU
    U172718ZZZ000000582502

    Description

    This exceptional 3,136 sq ft medical office building is situated in a prime North Tampa location, just 0.8 miles west of St. Joseph's Hospital North. Located on Van Dyke Road within a premium professional office park, this property offers unparalleled convenience and visibility. The building boasts a modern design and adaptable layout, perfect for a variety of medical or professional uses. The main level features a welcoming reception area and lobby, along with multiple offices and rooms arranged along two corridors. Amenities include a kitchen, multiple storage closets, and multiple bathrooms. The flexible floor plan allows for customization to suit specific needs. An added benefit is a spacious upstairs studio apartment complete with a kitchenette (refrigerator, range, microwave, sink, counter, and cabinets), a full bathroom, and a closet, offering potential for additional office space or staff housing. This property presents a rare opportunity to establish or expand a practice in a highly sought-after area with excellent access to a major healthcare facility. The 0.06-acre lot provides ample parking and a professional presence. Priced at $999,900, this is a must-see for discerning professionals.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $255,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $299,000
      Market price range: $260k - $339k

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

    Location Insight

    • Map
    • Local Demand
    City
    Lutz
    County
    Hillsborough
    State
    Florida
    Longitude
    -82.522
    Latitude
    28.1285
    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
    $11,558
    $118,575
    $535,425
    $654,000
    -
    $118,575
    $535,425
    $654,000

    Comparable in this City

    • Value Estimation
      $345,000
      3,095 SF

      4683 Van Dyke Rd

      MEDICAL BUILDING • 3,095 SF
      4683 Van Dyke Rd, Lutz, FL 33558-4880
      View Details
    • Value Estimation
      $1,815,000
      36,237 SF

      4211 Van Dyke Rd

      MEDICAL BUILDING • 36,237 SF
      4211 Van Dyke Rd, Lutz, FL 33558-8005
      View Details
    • Value Estimation
      $375,000
      3,500 SF

      2541 Grn Frst Ln

      MEDICAL BUILDING • 3,500 SF
      2541 Grn Frst Ln, Lutz, FL 33558-5385
      View Details
    • Value Estimation
      $310,000
      3,500 SF

      17937 Hunting Bow Cir

      MEDICAL BUILDING • 3,500 SF
      17937 Hunting Bow Cir, Lutz, FL 33558-5377
      View Details
    • Value Estimation
      $400,000
      4,618 SF

      4675 Van Dyke Rd

      MEDICAL BUILDING • 4,618 SF
      4675 Van Dyke Rd, Lutz, FL 33558-4880
      View Details
    • Value Estimation
      $355,000
      3,500 SF

      2530 Grn Frst Ln

      MEDICAL BUILDING • 3,500 SF
      2530 Grn Frst Ln, Lutz, FL 33558-5389
      View Details

    Similar Nearby for Sale

    • $3,900,000

      Turnkey Medical Clinic Opportunity

      Profitable medical clinic for sale with real estate included.
      17929 Hunting Bow Cir, Lutz, FL 33558
      View Details
    • $999,900
      3,136 SF

      Lutz Medical Office Building

      Prime location, high-demand medical office.
      4961 Van Dyke Rd, Lutz, FL 33558
      View Details
    • $950,000

      Lutz Commercial Property for Sale

      Commercial property with offices, lake, and development potential.
      2902 W Lutz Lake Fern Rd, Lutz, FL 33558
      View Details
    • $1,500,000
      Pending

      Versatile Property Near Van Dyke Road

      10-acre property with seven buildings, ideal for redevelopment or business.
      17515 Lakeshore Rd, Lutz, FL 33558
      View Details
    • Contact for pricing
      4.97 Acres

      Lutz Lake Fern Development Opportunity

      18-Unit SFH Site, Lutz, FL
      5305 Lutz Lake Fern Rd, Lutz, FL 33558
      View Details
    • $289,900

      Lutz Mobile Home in Community

      2-bedroom, 2-bath mobile home in a gated community.
      1760 Dorothy Blvd, Lutz, FL 33558
      View Details

    Similar Nearby for Lease

    • $25 SF/Yr
      1,750 SF

      Office Space in Lutz, FL

      Office space available for lease in Lutz, Florida.
      4919-4921 Van Dyke Rd, Lutz, FL 33558
      View Details
    • $2,841 /Mo
      1,236 SF

      Lutz Office Suite For Rent

      1,236 SF office suite in NorthPointe Village Shopping Center.
      16540 Pointe Village Dr, Lutz, FL 33558
      View Details
    • $28 SF/Yr
      25,000 SF

      Lutz Office Space for Lease

      Class A Office, 3,298-11,888 SF Available
      16506 Pointe Village Dr, Lutz, FL 33558
      View Details
    • $27 SF/Yr
      1,750 SF

      Lutz Office Space For Rent

      1,750 SF office space in Ballantrae Professional Office Center.
      2550 Green Forest Ln, Lutz, FL 33558
      View Details
    • Contact for pricing
      171,000 SF

      Sunlake Business Center: Lutz, FL

      Modern Industrial Space for Lease
      18381 Pasco Business Ctr, Lutz, FL 33558
      View Details
    • Contact for pricing
      3,474 SF

      Retail Space in Growing Area

      Retail space available for lease in a rapidly developing area.
      18811 State Road 54, Lutz, FL 33558
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4961 Van Dyke Rd
    Lutz, FL 33558
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.