18843 N US Highway 41 - Office FOR SALE


Lutz, FL 33549- Northdale
$795,000 USD
813-995-1600
18843 N US Highway 41, Lutz, FL for Sale
$795,000 USD
Office - FOR SALE
1/18
null | Request Cap Rate

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18843 N US Highway 41
Lutz, FL 33549
Northdale


HIGHLIGHTS

  • Highly visible frontage on North US Highway 41 within a thriving commercial corridor.
  • Located minutes from Dale Mabry Highway and I-275 for convenient regional access.
  • Single-story masonry/stucco construction with flexible interior layout.
  • Positioned in a rapidly growing submarket driven by strong demographics and business development.
  • Generous lot size supports parking and potential site enhancements.
  • Zoning designation of CG accommodates multiple commercial uses.

OVERVIEW

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. *****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 "Hazardous Property Access & Liability Release Form' before accessing the property. Do not walk the property without a confirmed appointment and executed release on file.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$222 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

CG

APN/PARCEL ID

U-12-27-18-0JG-000026-00001.0

ASK ABOUT THIS PROPERTY

Sunny SidhuREMAX CommercialMore Info
813-995-1600

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Sunny SidhuREMAX CommercialMore Info
813-995-1600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.