37802 Medical Arts CtZephyrhills, FL 33541

  • Healthcare properties
  • 4,000 SF
For Lease
$18/SF/YR View listing

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
Healthcare properties
Property subtype
Medical offices
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
37802 Medical Arts Ct, Zephyrhills, Florida

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

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
$13,965
$78,799
$525,186
$603,985
-
$78,799
$525,186
$603,985

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