5435 Gall BlvdZephyrhills, FL 33542

Property Details for 5435 Gall Blvd

Year built

1972

Lot size

1.60 AC

Property size (Sq ft)

21,520 SF

Zone code

FBC4

Property type

Retail properties

Property subtype

Banks

APN

11-26-21-0010-09900-0010

APU

1126210010099000010

Description

This exceptional 21,120 square foot, two-story office building, located at 5435 Gall Blvd in Zephyrhills, Florida (33542), presents a unique investment opportunity. Situated on a 1.6-acre lot (APN: 11-26-21-0010-09900-0010) and boasting a prominent location on US 301 overlooking the newly redeveloped City Hall, this Class B property offers unparalleled visibility. Built in 1972, the building previously served as the SunTrust headquarters for Pasco County. The ground floor retains its original bank layout, including a remarkably large vault, ideal for secure storage. The second floor, accessed via a separate entrance, provides a spacious, open floor plan perfect for conversion into modern office space, potentially suitable for a call center, salon suites, or executive offices. The C2 zoning permits a wide range of uses, including retail, medical, and office spaces. A multi-lane drive-through adds significant appeal for businesses requiring convenient customer access. This property represents one of the largest office buildings currently available in Pasco County, offering flexible leasing options and significant potential for various business ventures. The building's size and features make it particularly well-suited for medical practices, potentially including medical marijuana dispensaries, given the secure storage capabilities of the existing vault.

• CAP approach

  CAP return

  Valuation

  6%

  $6,386,538

  6.5%

  $5,895,266

  7%

  $5,474,175

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,904,098

  Geo Method

  $9,904,098

• Alternative Use

  Use

  Valuation

  Residential

  $4,972,877

  Hospitality

  $4,555,128

  Educational

  $3,789,814

  Medical

  $3,920,151

  Retail

  $5,895,266

Location Insight

City

Zephyrhills

County

Pasco

State

Florida

Latitude

28.2365

Longitude

-82.1839

CBSA code

45300

CBSA name

TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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