1.37 Acre Commercial Site & Monopole

Vacant Land for Sale
Catylist Listing ID: 28722428
Property Subtypes: Office, Retail, Other
Gross Land Area: 1.37 Acres
Sale Price: $350,000
Unit Price: $255,474 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 7/21/2021

Overview / Comments

This commercial site is located on the NW corner of Ridge Rd. and Grave Ave., just East of the Little and Ridge Rd. intersection. Ridge Rd. is planned for widening to the East where it will intersect with the North Suncoast Parkway and HWY 41 when completed.

The property features 300± ft. of frontage on Ridge Rd. and a depth of 190± ft along Grave Ave. The site is zoned commercial and the offering includes a monopole outdoor advertising sign in the listed price. The sign is currently rented for $500 per face, per month, and when Ridge Rd is widened, should command higher rents with the increased traffic counts that will result. Utilities are available to the site which is zoned C-2 for General Commercial uses.

Located east of the Ridge Road & Little Road intersection
Six lots totaling over 1.37± acres
300± feet of frontage on busy Ridge Road
East and west-bound median cuts for ease of access
Monopole advertising sign (included) creates positive cash flow
Zoned C-2, General Commercial

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Pasco
Taxing Authority: Pasco County
Tax ID/APN: 26-25-16-0030-00500-0180,0200,0210,0220,0230
Zoning: C-2
Property Visibility: Excellent
Largest Nearby Street: Ridge Road
Feet of Frontage: 300
Traffic/Vehicle Count: 34,500
Lot Frontage: 300
Lot Depth: 191
Zoning Description: General Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,250 67,017 147,403
Median Age: 43.35 44.34 46.41
Households: 3,917 28,760 64,756
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