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8440 GALL BOULEVARD
About This Property
Neighboring parcels will become a PUD so there will be a need for C-1 uses.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2025 | Listed by LANCE SMITH REALTY LLC | $2,600,000 | |
| Listed by LANCE SMITH REALTY LLC | |||
| Oct 12, 2024 | Price Decreased |
$800,000
↓ $1M
(60%) | |
| Price Decreased | |||
| Aug 13, 2024 | Relisted | $2,001,750 | |
| Relisted | |||
| Jul 27, 2024 | No longer available | - | |
| No longer available | |||
| Jul 26, 2018 | Listed | $2,001,750 | |
| Listed | |||
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Spectacular Views, Multi-Family Development Site with potential Commercial/Retail on hwy frontage. When entering Zephyrhills City Limits from the north this vacant & cleared 4.71 acres (mol) is currently zoned Multi-Family Zoned (R-4) property. Located on the east hill-side of Gall Blvd (US Hwy 301) at elevations from 120 ft. This prime location is in the immediate path of development being located in close proximity to the signaled intersection of Kossik Rd. and Zephyr Commons Shopping Center consisting of Publix, Staples, Five-Guys, Medical offices, Florida Hospital and many other office & retail tenants including several banks & restaurants, and gas stations. Kossik Rd is scheduled to be a main east/west artery with expansion west to connect to the new I-75 interchange at Overpass Rd. The adjoining 2 parcels 9 acres (mol) are potentially available for assemblage also for a total of 14 acres (mol), as well as additional R-4 property of 12 acres (mol) to the south front Gall Boulevard, and Additional R-4 property to the west fronting Gall Blvd. is also available for possible commercial use to compliment the multi-family. Multiple parcel nearby also may be available for purchase.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017