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    7950 Wire Rd Zephyrhills, FL 33540-1878
    Property profile & analytics

    7950 Wire Rd Zephyrhills, FL 33540-1878


    • Grocery and convenience stores
    • 2,400 SF
    • 1.07 lot acres
    Off-Market
    Last Sale Dec 3, 2024
    $3,000,000
    Property ID
    US18-1174893
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Chevron / Gas Station
    • Harry's Food Mart / Gas Station
    • Supreme Air Inc - Heating & Cooling – H.V.A.C / Hardware & Home Improvement / HVAC Service

    Property Details for 7950 Wire Rd

    Year built
    1986
    Lot size
    1.07 lot acres
    Property size
    2,400 SF
    Zone code
    00C1
    Property type
    Grocery and convenience stores
    APN
    35-25-21-0010-00400-0040
    APU
    3525210010004000040

    Description

    This exceptional investment opportunity presents a 2,400-square-foot Chevron gas station and convenience store located at 7950 Wire Rd, Zephyrhills, Florida 33540. The property sits on a 1.07-acre lot and boasts a 20-year absolute NNN lease with a prominent national tenant, Chevron. The lease features a 10% rent increase every five years, ensuring consistent and growing income. Built in 1986 and renovated in 1990, the property includes recent upgrades to the HVAC system and roof, along with a fully renovated interior. The property enjoys a 100% occupancy rate, generating a substantial net operating income (NOI) of $230,625, representing a 7.50% cap rate on the asking price of $3,075,000 ($1,281.25 per square foot). The strategic location next to Abbott Park, a large single-family home development with over 500 homes, and one mile north of Florida Hospital Zephyrhills, a 139-bed regional medical center, ensures high visibility and consistent customer traffic. The lease includes two, five-year renewal options, providing long-term security for the investor. This is a rare opportunity to acquire a stable, high-performing asset with significant upside potential.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Zephyrhills
    County
    Pasco
    State
    Florida
    Longitude
    -82.1794
    Latitude
    28.2734
    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
    $5,345
    $156,819
    $137,398
    $294,217
    -
    $156,819
    $137,398
    $294,217
    More about this property
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