18843 N 41 Highway, Lutz, FL 33549

$795,000
3,576
SqFt

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List Price
$795,000
Status
Active
Days on Market
94
MLS#
TB8501903
Property Style
Retail
Year Built
1962
Living Area
3,576
Lot Size
35,910
Acres
0.82
Total Acreage
1/2 to less than 1
Legal Subdivision Name
East North Tampa
MLS Area Major
Lutz

Property 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.

Additional Information

Taxes Annual
$10249
Community Features
No Deed Restriction
Property Description
One Story
Zoning
CG
Air Conditioning
Central Air
Exterior Construction
Block
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
U-12-27-18-0JG-000026-00001.0
Legal Description
EAST NORTH TAMPA LOTS 1 2 3 4 AND 5 AND N 1/2 OF ALLEY ABUTTING THEREON BLOCK 26

Listing courtesy of RE/MAX PREMIER GROUP. 813-929-7600

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