37802 Medical Arts CtZephyrhills, FL 33541

Property Details for 37802 Medical Arts Ct

Year built

1994

Lot size

0.92 AC

Property size (Sq ft)

4,000 SF

Zone code

00C2

Property type

Medical offices

Property subtype

Medical centers

APN

34-25-21-0000-00300-0082

APU

3425210000003000082

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $807,543

  6.5%

  $745,425

  7%

  $692,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $730,520

  Geo Method

  $730,520

• Alternative Use

  Use

  Valuation

  Residential

  $924,327

  Hospitality

  $846,678

  Educational

  $704,426

  Medical

  $728,653

  Retail

  $1,095,774

Location Insight

City

Zephyrhills

County

Pasco

State

Florida

Latitude

28.263

Longitude

-82.1916

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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