102 Flagship DrLutz, FL 33549

  • Retail properties
  • 15,344 SF
For Lease
$17/SF/YR View listing

Property Details for 102 Flagship Dr

Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
1.37 AC
Property size (Sq ft)
15,344 SF
Zone code
CG
Property type
Retail properties
Property subtype
Strip malls
APN
U132718ZZZ000000547100
APU
U132718ZZZ000000547100

Description

This single-story, 14,023-square-foot medical office building in Lutz, Florida, offers a prime location with excellent visibility and accessibility. Situated on 1.37 acres, the property boasts 70 parking spaces and is conveniently located off US Highway 41, one block south of Sunset Drive in the Village Center, providing easy access to major roadways including I-275, I-75, and the Veterans Expressway via SR 54. Built in 1980 and renovated in 2020, the building features a new roof and a brand-new pylon sign on US 41, along with additional monument signage. The property benefits from high daily traffic counts (44,000+ vehicles) and is surrounded by a dense residential area with various nearby restaurants, retail, and office support services. Currently, a 995-square-foot suite is available for lease

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,553,672
    6.5%
    $4,203,390
    7%
    $3,903,148
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,061,732
    Geo Method
    $7,061,732
  • Alternative Use

    Use
    Valuation
    Residential
    $3,545,717
    Hospitality
    $3,247,858
    Educational
    $2,702,179
    Medical
    $2,795,112
    Retail
    $4,203,390
102 Flagship Dr, Lutz, Florida

Location Insight

City
Lutz
County
Hillsborough
State
Florida
Latitude
28.1392
Longitude
-82.462
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
$22,849
$444,847
$820,253
$1,265,100
-
$444,847
$820,253
$1,265,100

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