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Income Producing Land off Gall Blvd 2 Properties Offered at $1,890,000 in Zephyrhills, FL
Investment Highlights
- Seven contiguous parcels totaling 3.25± acres with C-2 and C-3 zoning.
- Current gross income of approximately $11,000 per month with tenants covering most utilities.
- Located off US 301 with 21,500 daily traffic count and strong regional connectivity.
- Multiple income streams from residential rentals, RV storage, and a commercial tenant.
- Recent renovations include new septic systems, roofs, HVAC units, and interior upgrades.
- Opportunity for future redevelopment or expanded commercial use.
Executive Summary
This 3.25± acre property in Zephyrhills, Florida, offers a unique investment opportunity with multiple income streams and future redevelopment potential. Comprising seven contiguous parcels, the site generates approximately $11,000 per month in gross income from residential rentals, RV storage spaces, and a cabinet shop tenant. Tenants pay most utilities, keeping operating costs low and ensuring stable cash flow.
Recent capital improvements include new septic systems, roofs, HVAC units, flooring, cabinets, and plumbing across several residential units, reducing near-term maintenance costs for a new owner. Zoned C-2 and C-3, the property provides flexibility for continued income production or future commercial redevelopment.
Located just off Gall Blvd (US 301), the property benefits from a traffic count of approximately 21,500 vehicles per day and proximity to major regional hubs such as Tampa and Wesley Chapel. With a net operating income of $113,719 and a cap rate of 6.02%, this property represents a turnkey investment with upside potential in a growing market.
Recent capital improvements include new septic systems, roofs, HVAC units, flooring, cabinets, and plumbing across several residential units, reducing near-term maintenance costs for a new owner. Zoned C-2 and C-3, the property provides flexibility for continued income production or future commercial redevelopment.
Located just off Gall Blvd (US 301), the property benefits from a traffic count of approximately 21,500 vehicles per day and proximity to major regional hubs such as Tampa and Wesley Chapel. With a net operating income of $113,719 and a cap rate of 6.02%, this property represents a turnkey investment with upside potential in a growing market.
Property Facts
| Price | $1,890,000 | Number of Properties | 2 |
| Price / SF | $304.01 / SF | Individually For Sale | 0 |
| Cap Rate | 6.02% | Total Building Size | 6,217 SF |
| Sale Type | Investment | Total Land Area | 3.40 AC |
| Status | Active |
| Price | $1,890,000 |
| Price / SF | $304.01 / SF |
| Cap Rate | 6.02% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,217 SF |
| Total Land Area | 3.40 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
J & J RV, Semi, Trailer, and Boat Storage
38555 Palm Grove Dr, Zephyrhills, FL 33542 |
Multifamily | - | 1982 | - |
|
Statewide Custom Cabinets
38535 Palm Grove Dr, Zephyrhills, FL 33542 |
Retail | 6,217 SF | 1982 | - |
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Nye Commercial Advisors
Income Producing Land off Gall Blvd
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