4.67 ac Approved for 100 Room Hotel Use

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30731335
Property Subtypes: Hospitality, Other
Status: Pending
Gross Land Area: 4.67 Acres
Sale Price: $1,250,000
Unit Price: $267,665 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/27/2021

Overview / Comments

PROPERTY DESCRIPTION - The subject property comprises approximately 4.67 acres of land zoned Planned Development (PD) located at the SWC of College Ave & I-75. Currently, the property is approved for hotel uses containing a maximum of 70,800 square feet and 100 rooms. Allows for up to six stories with a maximum building height of 60 feet.

LOCATION DESCRIPTION - The property is located south of East College Avenue and has primary access off 33rd Street SE along the west side of the property. High visibility and traffic (AADT 30,500) from East College Avenue and only minutes from the I-75 interchange. The site is one mile from Amazon fulfillment center with close proximity to shopping, schools and employment centers.

PROPERTY SIZE - 4.67± Acres

ZONING - PD #07-0471 - Allows for a hotel containing a maximum of 70,800 SF and 100 rooms.

FUTURE LAND USE - CMU-12 (Community-Mixed Use 12)

PARCEL ID - 055020-0000

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 1932101US000000004811U

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,435 31,285 70,902
Median Age: 46.64 56.38 46.44
Households: 1,053 15,271 29,462

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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