6.11 Ac next to Lowes for Retail Development in Booming Riverview

Vacant Land for Sale
Catylist Listing ID: 30360207
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 6.11 - 6.12 Acres
Sale Price: $1,950,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/23/2019

Overview / Comments

This is a PD infill site, contiguous to Lowes Home Improvement Center, that is an excellent opportunity for retail or mixed use development. It is located just off I-75 exit (145,000 cars per day on I-75) on Gibsonton Drive, near dozens of other brand stores, all within a half mile to US 301 and to I-75 on/off ramp.

Features of this property include:
• All upland, NO wetland, level, wooded site.
• Future Land Use is SMU-6 (Suburban Mixed Use-6).
• Traffic Light access from Gibsonton onto Mathog Road is 4 lane curbed.
• Mathog Road is a 4 lane curbed cut concrete road for both sites; 6.11 acres and 5.13 acres.
• This is part of an HOA in a Planned Development, with monument signage available on the Gibsonton highway frontage at Mathog Road with a traffic light access.

Along this strip between I-75 and US 301 are numerous brand stores, restaurants, banks, etc:
• Lowes Home Improvement Center,
• 5th/3rd Bank
• Ruby Tuesday restaurant
• DQ restaurant,
• CVS,
• Walgreens,
• banks,
• office complexes,
• new residential developments
• Racetrac Gas and
• Mobil Gas stations, among other commercial developments.

On the opposite (SW) corner of I-75 and Gibsonton Drive, includes:
• Stay America Hotel,
• Walmart,
• Movie Theaters by Goodrich Quality Theatre, "Riverview 14"
• McDonalds,
• Zaxby's Chicken,
• Cracker Barrel,
• Dunkin Donuts,
• Dollar Tree, and more.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Submarket/Township: South Tampa
Submarket Type: Suburban
Taxing Authority: Hillsborough County
Tax ID/APN: U-20-30-20-9LV-000000-00004.0
Zoning: PD PLANNED DEVELOPMENT
Property Located Between: I-75 and US 301 just off Gibsonton Drive, a half mile in each direction.
Property Visibility: Excellent
Legal Description: RIVERVIEW WEST LOT 4 LESS THAT PART DESC AS BEG AT SE COR OF SD LOT 4 RUN N 89 DEG 01 MIN 54 SEC W 550.84 FT TO ELY R/W LINE OF MATHOG RD THN N 00 DEG 03 MIN
Largest Nearby Street: Gibsonton Drive
Feet of Frontage: 525
Traffic/Vehicle Count: 12,100
Highway Access: I-75 to Gibsonton Drive to Mathog Road
Airports: Tampa International Airport
Site Description: This is a wooded site open on 3 sides to excellent visibility on 2 roads and the Lowes Home Improvement strip center.
Area Description: This is a booming area; a one mile highway between I-75 ramp and US 301, that is already developed with brand name retail, restaurants and other commercial development.
Lot Frontage: 1500 ft total; 535' on Mathog Rd, 525' along Lowes, and 435' on Towncenter R Ln
Lot Depth: 525 feet
Zoning Description: PD PLANNED DEVELOPMENT; Land for development of Retail, commercial, MF Residential, Mixed Use Development
Development Name: RIVERVIEW WEST
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Storm Drain, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,198 58,489 156,624
Median Age: 43 35.87 35.73
Households: 1,325 21,571 57,392

Contact

Photograph of Listing Agent

Stephen J. Toner, MBA

SVN Saunders Real Estate CE-FL Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Exchange Florida nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.