4909 Ehrlich RdTampa, FL 33624

Property Details for 4909 Ehrlich Rd

Year built

1964

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.90 AC

Property size (Sq ft)

2,055 SF

Zone code

BPO

Property type

Healthcare properties

Property subtype

Medical offices

APN

U322718ZZZ000000711200

APU

U322718ZZZ000000711200

Description

This exceptional 0.9-acre parcel, located at 4909 Ehrlich Road in Hillsborough County's Carrollwood Market, presents a unique investment opportunity. Zoned BPO, this single-tenant property offers significant potential for medical use or a daycare/school. The land measures 166 feet wide and 235 feet deep, providing ample space for development. Its strategic location offers easy access to the surrounding community, situated approximately 0.4 miles from Ben Hill Middle School. The site benefits from a strong demographic profile, boasting a population of 191,880 within a 5-mile radius and an average household income exceeding $123,000 within the same area. This makes it an ideal location for a business catering to a high-income demographic. The property is available for lease or ground lease, offering flexibility to potential tenants. This is a rare opportunity to acquire a well-positioned parcel in a thriving area with excellent potential for growth and return on investment. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $379,057

  6.5%

  $349,899

  7%

  $324,906

• Comparable approach

  Method

  Valuation

  Relative Method

  $375,305

  Geo Method

  $375,305

• Alternative Use

  Use

  Valuation

  Residential

  $433,875

  Hospitality

  $397,427

  Educational

  $330,654

  Medical

  $342,026

  Retail

  $514,351

Location Insight

City

Tampa

County

Hillsborough

State

Florida

Latitude

28.0851

Longitude

-82.5304

CBSA code

45300

CBSA name

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

Property Tax & Assessments

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