Catylist ID:
#30644831
15.34 ac for Office /Retail near I/75 and Williams Rd
Vacant Land
for Sale
| Catylist Listing ID: | 30644831 |
| Property Subtypes: | Office, Retail |
| Gross Land Area: | 15.34 Acres |
| Sale Price: | $3,450,000 |
| Unit Price: | $224,902 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 1/15/2021 |
Overview / Comments
|
PROPERTY DESCRIPTION Springer Commercial is ideally situated to be developed into the next retail node in Seffner, FL. This 15.34 gross acre site has over 9 upland acres located at the lighted intersection with proposed curb cuts on both MLK (right in-right out) and Williams Rd (full access). The site is at the exit of I-75 and has over 30,000 cars a day driving by it. The proposed PD zoning allows up to 78,500 SF of retail/office with maximum height of 3 stories/45 feet is allowed. The property is in a well head protection area and no tanks are allowed. The site is partially within the Floodplain and preliminary modeling calls for 2 upland acres to be used for floodplain mitigation which fill material can be used for the remaining 7 acres of development. The seller would subdivide the parcel for $23/SF for a minimum of 2 acres at the corner. Call for details on subdividing. LOCATION DESCRIPTION The property is located at 10912 E. Dr. Martin Luther King Jr. Blvd. in unincorporated Hillsborough County, FL. It is at the north-east lighted corner of Williams Rd and Martin Lither King Jr. Blvd, immediately east of I-75 at the first light off the exit ramp. It is near multiple employment centers including Highland Oaks Office Park, Citibank Center, Sabal Park and the Interstate Business Park. PROPERTY SIZE 15.34 Total Acres; 9.04 Upland Acres ZONING PD- Currently being rezoned for retail/office uses (up to 78,500 SF with maximum height of 3 stories/45 feet) PARCEL ID U-04-29-20-ZZZ-000002-36530.0 and U-04-29-20-ZZZ-000002-36420 This has a variable rate commission. |
Additional Details
| Nearest MSA: | Tampa-St. Petersburg-Clearwater |
| County: | Hillsborough |
| Tax ID/APN: | 202904ZZZ000002364200U |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 10,614 | 59,552 | 192,659 |
| Median Age: | 33.67 | 35.65 | 35.5 |
| Households: | 4,019 | 21,139 | 71,372 |
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