Development Opportunity On High Traffic Artery

Vacant Land for Sale
Catylist Listing ID: 30650916
Property Subtypes: Retail
Gross Land Area: 0.53 Acres
Sale Price: $910,000
Unit Price: $1,716,981 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2020

Overview / Comments

Redevelopment Opportunity! Offered for sale is this .53 acre lot on 66th St N in Pinellas Park, a very high traffic artery. This may be perfect for a bank or drive-thru retail fast food restaurant. This prime location sees 37,227 vehicles pass per day. The lot has 82' frontage on this six-lane divided highway, centrally located in Pinellas county just four traffic lights south of Ulmerton Rd and four lights north of Park Blvd, both high traffic primary county roads. Neighboring businesses include the Bank of America, which abuts this property, as well as other retail, industrial, banking and fast food, notably the Winn Dixey Shopping Center across the street. Significant large signage is on the front of the lot.

This property has historically been used for a successful auto & truck sales business, there may be an opportunity to purchase the business assets if the buyer would like to continue that use. Two major auto auctions are within 5 miles of the property. Currently there is a business office offering an open office/ lobby area, a private office, one restroom, central air and a shower; open shed structures, one vehicle lift, and metal storage sheds. Assets such as the lift only transfer with a business sale.

Owner financing is available to a qualified buyer. All information has been obtained from public information, owner, and other sources deemed to be reliable, prospective buyers contemplating this acquisition are urged to conduct appropriate due diligence as to facts related to their specific use.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pinellas
Taxing Authority: Pinellas County
Tax ID/APN: 16 30 18 69768 400 6409
Zoning: C2
Property Located Between: Ulmerton Rd and Park Blvd
Property Visibility: Excellent
Feet of Frontage: 53
Traffic/Vehicle Count: 37,000
Airports: Tampa International
Lot Frontage: 82
Lot Depth: 290
Zoning Description: C2
Topography: Level
Available Utilities: Electric, Broadband
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,519 109,153 307,377
Median Age: 41.11 45.08 45.63
Households: 5,544 45,941 137,130
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