LUTZ, FL 33549

Property

Ownership: Fee Simple
Type: Retail
Lot Size: 0.8 Acres

Financials

Price:$795,000
Annual Taxes:$10,249.37
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of RE/MAX PREMIER GROUP

Located minutes from Dale Mabry Highway and I 275, the property sits on 0.

Description

Located minutes from Dale Mabry Highway and I-275, the property sits on 0.82 acre lot with direct frontage on Hwy 41, within a dense, established commercial corridor supported by a strong residential trade area, favorable demographics, and solid economic fundamentals. The 2-mile demographic ring shows a median household income of $130,215 and a median home value of $562,341 reflecting an established, high-income consumer base. Population and household growth trends in the area remain on an upward trajectory, with the 5-mile ring projecting 10.0% population growth and 9.9% household growth through 2030. US Highway 41 carries an average daily traffic count of approximately 33,500–34,000 vehicles directly in front of the property, providing consistent visibility to a high volume of passing commuter and consumer traffic. This property represents a value-add acquisition opportunity in the Northwest Tampa office/commercial submarket. The building is vacant, requires rehabilitation, and is priced at a significant discount to comparable performing assets in the corridor. ***** Proof of funds or lender pre-approval must be submitted prior to scheduling. Property is sold strictly as-is. Known conditions include mold, roof replacement needed, and full interior rehabilitation required. Buyer and buyer's agent must execute the attached Hazardous Property Access & Liability Release Form before accessing the property. Do not walk the property without a confirmed appointment and executed release on file.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.