9,986± SF Warehouse-Office on 4.84± Acres, Central Pasco

Industrial for Sale
Catylist Listing ID: 30467025
Property Subtypes: Light Industrial, Office Showroom, Warehouse/Distribution, Other
Building Size (RSF): 9,986 SF
Gross Building Area: See Agent
Gross Land Area: 4.84 Acres
Sale Price: $1,495,000
Unit Price: $149.71 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 9,986 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2019

Overview / Comments

The subject property is located on the west side of Land O’ Lakes Blvd. (US 41), south of SR 52, Land O’ Lakes, Pasco County, FL. This property is surrounded by active residential developments to include Connerton, Tuscany, Sawgrass and Asbel Estates to the north and The Groves Golf and Country Club and Wilderness Lake Preserve to the south. A Publix Shopping Center is within ¼ ± mile from the subject property to the south.
This offering consists of 2 parcels totaling 4.84± acres along Land O’ Lakes Blvd. The parcels are zoned C3 – Commercial Light Manufacturing and the Future Land Use is ROR - Residential/Office/Retail. Presently, there are two office buildings built in 1955 totaling 3,986± heated SF. Both buildings have been substantially renovated or rebuilt. Building one was taken to slab and rebuilt in 2002. Building two was taken to concrete walls and rebuilt in 1997-98. The projects were permitted by Pasco County, SWFWMD and FDOT. Both offices are connected with underground conduit, which supply hard cable for phone & internet services. All Utilities are available at or near the site.
A 6,000± SF warehouse was built in 2015 with three (3) 12’ x 14’ overhead doors, 220 electric service and ceiling height of 18.5’. There is 1 bathroom with shower and a source material restricted supply lead lined brick vault in the warehouse.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Tax ID/APN: 26 25 18 0000 00700 0000 and 26 25 18 0000 00900 0000
Zoning: C3

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,222 45,606
Median Age: 38.33 37.65
Households: 4,284 15,545
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