4623 LAND O LAKES BOULEVARD
Land O Lakes, FL, 34639 $ 748,000
Bedrooms-- Baths-- Sq 1,780 Monthly Estimate*
$ 4,723
for $748,000. This 1,780 square foot building was built in 1958 on a lot size of 0.19.
***DO NOT DISTURB THE TENANT. This stabilized, single-tenant free standing retail investment offers immediate cash flow with a national credit tenant in place. Approximately two years remain on the current lease term, which includes 3% annual rent escalations, providing built-in rental growth during the remaining hold period. The property consists of a 1,780-square-foot, single-story retail building situated on an 8,458-square-foot parcel with direct frontage on US Highway 41. Constructed of concrete block, the building has been extensively renovated, including a new roof, HVAC system, flooring, and updated restrooms. The property is in excellent condition with no known deferred maintenance or anticipated near-term capital expenditures. C-2 zoning allows for a broad range of retail, office, and service-commercial uses, providing flexibility for future leasing or owner occupancy. The property's long-term value is driven by its location along one of Pasco County's primary commercial corridors. Positioned on US Highway 41, the site benefits from approximately 69,000 vehicles per day, providing exceptional visibility and accessibility. The corridor serves as a major connection between Land O' Lakes and the Tampa metropolitan area and continues to experience significant residential and commercial growth. According to FDOT projections, traffic volumes are expected to increase to approximately 87,000 vehicles per day by 2045. Southern Pasco County remains one of Florida's fastest-growing markets. Population growth, expanding master-planned communities, healthcare investment, and ongoing infrastructure improvements continue to strengthen the area's retail fundamentals. This sustained growth is increasing consumer demand while supporting long-term demand for well-located commercial properties along the US Highway 41 and SR 54 corridors. The offering combines stable in-place income with future leasing flexibility. Investors benefit from a performing lease, contractual rent increases, a fully renovated asset, low property taxes, a Flood Zone X designation, and a highly visible location on one of Pasco County's busiest commercial corridors. At lease expiration, the property's US Highway 41 frontage and flexible C-2 zoning position it well for re-leasing to a broad range of retail and service users. Please do not disturb the tenant. Showings are by appointment only with a minimum of 24 hours' advance notice. Contact the listing broker for the financial package and additional information.
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FeaturesGeneralCooling A/C - Office Only
Zoning C2
Construction Materials Block
Year Built 1958
Property Subtype Retail
Tax Year 2025
Ownership Fee Simple
County Pasco
New Construction false
Property Type Commercial Sale
Subdivision Name WILLIS ESTATES SUB
Status Active
Directions US Hwy 41/Land O lakes bLVD heading north building is on the left
City LAND O LAKES
MLS Area 34639 - Land O Lakes
Lot Size Units Square Feet
Lot Size Square Feet 8458
Tax Annual Amount 2570.9
Additional Parcels Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8527664
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 25
Legal Description WILLIS ESTATES SUB PB 4 PG 35 PORTION LOT 25 AKA TRACT A DESC AS FROM THE POINT OF INTERSECTION OF SOUTH BDY OF LOT 22 & WLY R/W LINE US 41 TH N01DEG38'00"W 296.15 FT FOR POB TH N01DEG38'00"W 67.90 FT TH S86DEG46'00"W 134.12 FT TH S01DEG38'00"E 79.60 FT TH N81DEG50"00"E 135.00 FT TO POB;LESS SR 45 (AKA US41) PCL 107 SEC 14010-2501 CASE 99- 7955CA DIV B PER OR 4309/592
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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InteriorTotal Stories 1
Air Conditioning Y/N true
Total Baths 0
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ExteriorLot Size Area 8458
Foundation Details Block Pillar/Post/Pier
Number of Buildings 1
Building Area Total 1780
Lot Size Acres 0.19
Road Surface Type Asphalt
Waterfront Y/N false
Road Frontage Type County Road
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $4,723
- Monthly Property Taxes
- $214
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Land O Lakes, FL
Average List Price $1,459,878
Percent of Sale Price 95%
About Land O Lakes, FL 34,869 Population
67% Since 2002
$ 76,176 Median Income
42.83 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/9/2026 | $748,000 | | Listed Price |