3 acres C2 on Land O Lakes blvd with SELLER FINANCE! Current use Car Lot and Office/Industrial/Storage

5936 Land O Lakes Blvd Land O Lakes, FL 34638

5936 Land O Lakes Blvd, Land O Lakes, FL, 34638
5936 Land O Lakes Blvd, Land O Lakes, FL, 34638 5936 Land O Lakes Blvd, Land O Lakes, FL, 34638 5936 Land O Lakes Blvd, Land O Lakes, FL, 34638 5936 Land O Lakes Blvd, Land O Lakes, FL, 34638
FOR SALE
Property Type:
Free Standing Building
Amount:
$1,300,000
Last Verified:
Nov 05, 2023

Highlights

  • SELLER FINANCE AVAILABLE
  • 3 Acres- Zoned Commercial C2
  • Many uses, including Automotive, Retail, Office, Industrial, Storage
  • 4 Buildings on Site
  • Located in Pasco County High Growth Area
  • Also ideal for Redevelopment or Self Storage

Description

SELLER FINANCE AVAILABLE ON THIS RARE 3 ACRE COMMERCIAL C2 ZONED PROPERTY IN PASCO COUNTY.
Introducing the perfect property for your next investment, located at 5936 Land O Lakes Blvd, Land O Lakes Florida. This unique commercial property boasts a spacious lot size of 2.99 acres, providing ample space for any business or redevelopment. With a prime location on busy Land O Lakes Blvd, this property offers maximum visibility and exposure to potential customers or tenants.
The site currently has 4 buildings (apx 2500 SF to be verified), consisting of a car lot, automotive repair, workshops, and automobile storage.
C2 zoning allows for many uses, including Automotive, Retail, Office/Medical, Industrial, Storage, or Self-Storage and Redevelopment. There are current tenants on month to month leases who can be renewed or vacate. Current gross tenant income is apx $10,000 monthly with apx 8.3% CAP rate. See Rent Roll with Income and Expense Info. There is a billboard included which is leased through 2026 at $3,600 annually which may be able to be renegotiated at expiration.

Don't miss out on this incredible opportunity to invest in one of the fastest-growing areas in Florida. Land O Lakes has seen a significant increase in population over the past few years, making it the perfect location for any business or residential development. This area offers a lucrative market for your investment.

According to recent market statistics, the Land O Lakes area has seen a steady increase in property values, with an average appreciation rate of 4.4% over the past year. Additionally, the area has a low unemployment rate of 3.4%, making it an attractive location for businesses and residents alike.

Don't miss out on this incredible seller finance opportunity to invest in the thriving Land O Lakes community. Contact us today to schedule a tour of this property. Survey attached.

Located in Pasco County directly on Land O Lakes Blvd (Hwy 41), just North of Ehren Cutoff

Building Size: 2500sq ft
Lot Size: 2.99 acres


Documents

SURVEY (5936 Land O' Lakes Blvd.) .pdf
C2 Pasco county zoning standards.pdf
Sale Brochure

Map of 5936 Land O Lakes Blvd, Land O Lakes, FL, 34638

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.