Updated Oct 13, 2025
Shepard Wichman II Purchases Development Site From Audrey B. Major For $1M In Lutz, FL
1810 Curry Road
$1,000,000
$487/SF
Building Size
2,051 SF
Asset Type
Development Site
Closing
Oct 5, 2025
About this deal
AI
The asset involved in the transaction is a development site located at 1810 Curry Road in Lutz, FL. The property was sold for $1,000,000, encompassing a total area of 2,051 square feet, which results in a price per square foot of $487.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,000,000
- Address: 1810 Curry Road
- Market: Lutz, FL
- Seller: Audrey B. Major
- Buyer's Name: Shepard Wichman II
- Seller's Representative: Janna Cantero - Synergy Home Group-Pineywoods Realty
This transaction features Shepard Wichman II as the buyer, while Audrey B. Major serves as the seller. The transaction was facilitated by Janna Cantero, who represents the seller through Synergy Home Group-Pineywoods Realty.
On the Map
$1,000,000
$487/SF
Development Site
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Lutz Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93