33853 State Road 54Wesley Chapel, FL 33543

Property Details for 33853 State Road 54

Year built

2007

Lot size

0.06 AC

Property size (Sq ft)

2,527 SF

Zone code

0PO2

Property type

Office buildings

APN

13-26-20-0000-00700-0040

APU

1326200000007000040

Description

This exceptional 2,527 square foot Class B medical office building in Wesley Chapel, Florida, presents a unique investment opportunity. The property, located at 33853 State Road 54, features a single-tenant occupancy with 1,250 square feet currently vacant. The building boasts a thoughtfully designed layout including six individual offices, a dedicated lab area, a welcoming reception area, and a restroom. Ample parking is available with 10 spaces. The property is situated in Pasco County and zoned for office use, offering easy access to the new Avalon Park Development. This one-story building provides a versatile space ideal for a variety of medical practices or businesses seeking a functional and attractive office environment in a rapidly growing area. The property's location in Wesley Chapel, FL, zip code 33543, offers excellent visibility and accessibility. This is an exceptional opportunity to establish a strong business presence in a thriving community. The vacant space presents a chance to customize the layout to perfectly suit your business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $510,166

  6.5%

  $470,922

  7%

  $437,285

• Comparable approach

  Method

  Valuation

  Relative Method

  $461,506

  Geo Method

  $461,506

• Alternative Use

  Use

  Valuation

  Residential

  $583,943

  Hospitality

  $534,889

  Educational

  $445,021

  Medical

  $460,326

  Retail

  $692,255

Location Insight

City

Wesley Chapel

County

Pasco

State

Florida

Latitude

28.2193

Longitude

-82.2558

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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