For Sale
$600,000

5513 Chaparral Ln Holiday, FL 34690

Distressed Retail Plaza, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
134
This 8,202 square foot, single-story shopping center in Holiday, Florida presents a unique value-add investment opportunity. Located at 5513 Chaparral Ln, 34690, this distressed property sits on 0.48 acres and is currently 18% occupied with two month-to-month tenants. The property, built in 1979, consists of ten units within a single building and is classified as Class D. The sale is an "as-is" transaction. Currently zoned C2 commercial, the future land use designation is IL, allowing for light industrial applications. The property is situated in an AE flood zone. This multi-tenant, gross lease property offers significant upside for an investor seeking to reposition or redevelop the asset. The asking price is $600,000. The property's current condition and zoning provide a compelling opportunity for a buyer to capitalize on its potential. This is a value-add investment with potential for significant returns.

Highlights

  • Distressed property, sold as-is.
  • Month-to-month tenants.
  • Two tenants currently occupy the plaza.
  • Located in an AE flood zone.
  • Current zoning: C2.
  • Future land use designation: IL (Light Industrial).

Property Details for 5513 Chaparral Ln

Property type
Lifestyle centers, Power centers
Square Feet
8,202 SF
Class
D
Year Built
1979
Buildings
1
Stories
1
Units
10

Location Insight

City
Holiday
County
Pasco
State
Florida
Latitude
28.1987892
Longitude
-82.7229478

FAQs

What type of property is this?
Lifestyle center - Distressed Retail Plaza, High Potential
Where is the lifestyle center located?
The property is located at 5513 Chaparral Ln Holiday, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Distressed property, sold as-is.; Month-to-month tenants.; Two tenants currently occupy the plaza.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5513 Chaparral Ln
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