1.75+/- AC Retail Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30807155
Property Subtypes: Retail
Gross Land Area: 1.75 Acres
Sale Price: $2,000,000
Unit Price: $1,142,857 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/30/2022

Overview / Comments

Calling all developers, investors and brokers. Florida ROI is pleased in conjunction with the City of Temple Terrace to offer for sale this 1.75 +/- AC Lot. Perfect location for commercial development of retail. Proof of retail concept is located just adjacent to the north. With the increase in population north of Tampa combined with the growth of the University of South Tampa which is less than 3 miles away, traffic count along N 56th Street has increased steadily over the past two years averaging daily 38K. City leadership is committed and determined to facilitate the sale and building process. Purchase this site today and be part of the amazing development that is happening in Temple Terrace.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 192822A9B000003000090T
Property Located Between: Bullard Pkwy & Chicago Ave
Largest Nearby Street: N 56th Street
Feet of Frontage: 345
Traffic/Vehicle Count: 38,000
Lot Frontage: 345
Lot Depth: 221
Zoning Description: Commercial General; FAR-.50; Height Restriction- 50'

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,270 116,133 271,415
Median Age: 33.48 32.47 33.73
Households: 7,863 45,033 106,203


Photograph of Listing Agent

COL Robert W Werthman USA (RET)

Florida ROI Commercial Property Brokerage CE-FL Member
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