21202 Mariner PlLutz, FL 33549

Property Details for 21202 Mariner Pl

Year built

1985

Lot size

1.04 AC

Property size (Sq ft)

4,313 SF

Zone code

00C2

Property type

Retail space

APN

25-26-18-0000-05700-0020

APU

2526180000057000020

Description

This Lutz, Florida property offers two immediately available suites within a single-story, 8,592 square foot Class B retail center built in 1985. One suite, totaling 950 square feet, is a fully built-out office space featuring a waiting area, open workspace, four private offices, and a restroom. The second suite offers 1,100 square feet with a spacious layout, 15-foot ceilings, one private workspace, and a restroom. The center boasts a highly visible location at the intersection of SR 54 and US 41, experiencing daily traffic exceeding 65,000 vehicles. Its strategic positioning provides easy access to major thoroughfares, including proximity to N Dale Mabry Hwy (0.5 miles), Collier Pkwy (2 miles), Wesley Chapel Blvd (4.5 miles), and Suncoast Pkwy (under 5 miles). The property features over 200 feet of frontage along a four-way signalized intersection, benefiting from two dedicated curb cuts and easement access from an adjacent CVS. Ample parking is provided with 20 spaces. Recent improvements include parking lot resurfacing and restriping, as well as an upgraded retention area. Future plans include exterior renovations with fresh paint. Tenant improvement allowances or rent abatements may be available for qualified tenants. The property is zoned C2 and offers multiple tenancy options with a minimum divisible space of 950 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $1,215,796

  6.5%

  $1,122,273

  7%

  $1,042,111

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,984,962

  Geo Method

  $1,984,962

• Alternative Use

  Use

  Valuation

  Residential

  $946,679

  Hospitality

  $867,153

  Educational

  $721,461

  Medical

  $746,273

  Retail

  $1,122,273

Location Insight

City

Lutz

County

Pasco

State

Florida

Latitude

28.1907

Longitude

-82.4653

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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