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: $1,100,000
Unit Price: $766.55 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: 10/24/2021

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**

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.

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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

Contact

Photograph of Listing Agent

Michael Braccia, P.A.

Bay Street Commercial CE-FL Member
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