$5,328,000 Acquisition Loan Secured for Land Property in Lutz, FL

May 15, 2026 Bank
Deal Summary

First Horizon Bank recorded a $5,328,000 mortgage on a commercial development site at 17710 North 41 Highway in Lutz. The loan was executed May 15, 2026 and recorded May 18, 2026 in Hillsborough County under document 189602 (APN 014015-0100), with a 5 year term. County records list the owner as Flagship Retail I Llc.

Get a lender shortlist for a comparable Land property

See which lenders are actively financing land in Tampa, and get a confidential read on proceeds, structure, and pricing for your property. No fee to talk, and nothing is published without your consent.

Transaction Details

Closing Date
May 15, 2026
Loan Amount
$5,328,000
Loan Type
Bank
Loan Purpose
Acquisition
Capital Type
Senior Debt
Asset Type
Land
Source
County record

Property

Address
17710 N 41 Hwy
City, State
Lutz, FL
Market
Tampa

Property Facts

Lot Size
84,942 sq ft (1.95 ac)
Zoning
PD
Subtype
Commercial Vacant Land

Sale History

Last sold for $850,000 on May 15, 2026. Prior owner 17710 HWY 41 LLC (business entity).

Prior Financing

RecordedLenderAmountInstrumentType
May 18, 2026 FIRST HORIZON BK $5,328,000 Mortgage CONVENTIONAL
Dec 28, 2012 HERITAGE STATION CAP GROUP LLC $1,000,000 Mortgage CONVENTIONAL
Feb 6, 2004 Private party lender $39,230 Mortgage PRIVATE PARTY LENDER

Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.

Similar Recent Loans

All land loans →

Financing a similar property?

See what lenders are active on land in Florida, or request a confidential loan review with Andrew Sawyer, commercial real estate capital markets advisor.

Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.
The CRE Debt Ledger

Weekly CRE debt activity, in your inbox

Notable loan closings, active lenders by market, and capital markets intelligence. Read by owners, lenders, and brokers.

Free. One email a week. Unsubscribe anytime.