Palm River / Clair Mel Convenience Store and Land

Retail-Commercial for Sale
Catylist Listing ID: 30724733
Property Subtypes: Convenience Store, Free-Standing Building, Other
Building Size (RSF): 2,016 SF
Sale Price: $349,000
Unit Price: $173.12 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Palm River / Clair Mel Convenience Store and Land
Usable Size (USF): 2,016 SF
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 10/17/2021

Overview / Comments

This 2,016 SF convenience store (price does not include business) sits upon a 20,000 SF lot which is currently contiguous and combined with an additional 2.34 M.O.L acre lot (for a total of 2.8 acres) on busy 78th Street. The site is located in the heart of Claire Mel across from a very active church and amidst a dense residential population. The property has excellent parking, additional storage opportunity, room for expansion and excellent visibility and signage with exposure to almost 20,000 cars per day. No historical c-store sales data will be available. There is currently a tenant on site paying $2400 per month plus sales tax gross for c-store and paved parking area only and the lease term runs through April 1, 2024. Additional covered area adjacent to the store can be leased to increase income and has been rented for food trucks, car detailing and fruit stands over the years.
* Pricing Notation - PLEASE READ CAREFULLY * - The entire subject parcel is a total of 121,899 SF (approximately 2.8 acres of land) and shall be separated as needed. The convenience store building is being offered with a 20,000 SF demised portion of this land at $349,000 and will be separated from the larger parcel through a parcel certification (separation) at seller's expense.
The remaining land (approximately 101,899 SF or 2.34 acres) is also zoned BPO and has a Future Land Use of Residential 9 (.35 FAR). Potential use for this "excess" land is a 50,949 SF residential development of 21 units or a potential commercial office development totaling 35,664 SF of building and is available for $250,000.
** All totals are maximum estimated based upon land use and subject to site plan approval

Located in the Palm River / Clair Mel area of Tampa just west of Falkenburg Rd and I-75 and south of the Selmon Expressway, offering easy access to surrounding areas.

**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-25-29-19-663-000001-53830.0
Zoning: BPO - BUSINESS PROFESSIONAL OFFICE
Property Located Between: 78th St S & Causeway Blvd
Largest Nearby Street: Falkenburg Rd
Highway Access: I-75 and Selmon Expressway
Airports: Tampa International
Site Description: 2,016 SF convenience store (price does not include business) sits upon a 20,000 SF lot which is currently contiguous and combined with an additional 2.34 M.O.L acre lot (for a total of 2.8 acres) on busy 78th Street.
Area Description: Located in the Palm River / Clair Mel area of Tampa just west of Falkenburg Rd and I-75 and south of the Selmon Expressway.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,016 SF
Year Built: 1977
Exterior Description: 2,016 SF convenience store sits upon a 20,000 SF lot which is currently contiguous and combined with an additional 2.34 M.O.L acre lot (for a total of 2.8 acres) on busy 78th Street.
Interior Description: 2,016 SF convenience store

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,893 56,742 183,214
Median Age: 35.21 32.31 34.43
Households: 2,786 21,362 69,330

Contact

Photograph of Listing Agent

Michael Braccia, P.A.

Bay Street Commercial CE-FL Member
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