Catylist ID:
#30588343
West Hillsborough Ave Retail Development Site
Retail-Commercial
for Sale
Also listed as Vacant Land
| Catylist Listing ID: | 30588343 |
| Property Subtypes: | Free-Standing Building, Restaurant, Vehicle Related |
| Building Size (RSF): | 1,435 SF |
| Gross Land Area: | 66,148 SF |
| Sale Price: | $995,000 |
| Unit Price: | $693.38 PSF |
| Property Use Type: | Vacant/Owner-User |
| Building Name: | West Hillsborough Ave Retail Development Site |
| Usable Size (USF): | 1,435 SF |
| Sale Terms: | Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/22/2021 |
Overview / Comments
|
This 1,435 SF freestanding building site of a 1.52 Acre CG (Commercial General) Zoned site on busy West Hillsborough Ave. The site has operated as an automobile sales lot for over 40 years and has an abundance of paved parking area as well as over 1,200 of covered canopy area currently utilized for minor repairs and vehicle detailing. With 230 feet of direct street exposure to more than 60,000 vehicles per day passing this high visibility location in the heart of Town N Country, this site makes the perfect location for a variety of potential uses. The property has a Future Land Use of OC-20 (Office Commercial - 20 Units per acre) and has a developable Floor to Area Ratio (FAR) of .75 allowing for a maximum potential building square footage of 49,611 SF of community commercial, office, medical office, mixed use developments and compatible residential / multifamily; though it is expected that setback requirements and easements would lower that potential development total. There is a cellular tower located toward the rear of site and the income from that site will not convey. There is a full boundary, topographical, and tree survey available in the documents section of the property webpage. Owner will consider a longterm lease with qualified tenant, lease option, or outright sale. Located on W. Hillsborough Avenue at the intersection of Sawyer Rd, between Hanley Road and George Road, just west of Veterans Expressway. **DETAILED SALE BROCHURE UNDER PHOTOS & DOCUMENTS** |
Attachments & Media
Additional Details
| Nearest MSA: | Tampa-St. Petersburg-Clearwater |
| County: | Hillsborough |
| Taxing Authority: | Hillsborough County |
| Tax ID/APN: | U-01-29-117-ZZZ-00000043500.0 |
| Zoning: | CG - COMMERCIAL GENERAL |
| Property Located Between: | W. Hillsborough Ave & Sawyer Rd |
| Largest Nearby Street: | Hillsborough Ave |
| Traffic/Vehicle Count: | 60,000 |
| Highway Access: | Veterans Express (589) |
| Airports: | Tampa International |
| Site Description: | 1.52 Acre West Hillsborough Ave redevelopment opportunity in the high traffic, densely populated Town 'N' Country market. |
| Area Description: | Located on W. Hillsborough Avenue at the intersection of Sawyer Rd, between Hanley Road and George Road, just west of Veterans Expressway. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 16,531 | 92,886 | 245,399 |
| Median Age: | 36.53 | 37.2 | 37.8 |
| Households: | 5,972 | 35,749 | 99,726 |
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