Commercial Site for Sale, Lease, or BTS

Vacant Land for Sale
Catylist Listing ID: 30289874
Property Subtypes: Hospitality, Retail, Other
Gross Land Area: 2.36 Acres
Sale Price: $949,000
Unit Price: $402,118 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/20/2021

Overview / Comments

Asking Price: $949,000
-Lease or BTS Rate: Negotiable
-ACROSS FROM PLANNED NEW MIXED-USE COMPLEX (BIG TOP FLEA MARKET SITE) WITH 292 UNIT MULTI FAMILY PLUS RESTAURANTS, OFFICES AND A BANK.
-OPPORTUNITY ZONE: The site is located within a newly created Opportunity Zone **
-Total Land Size: 2.36 acres
-Dimensions: 182’ x 529’ +/-
-Zoning: CG – Commercial General
-Future Land Use: SUBURBAN MIXED USE-6 (.35 FAR)
-Folio #: 061153-0000
-Total Taxes (2020): $4,119.12
-Location: Unincorporated Hillsborough County
-Access Points: Two potential Access Points
-Traffic Counts: 15,000 + AADT
-Located at the lighted southwest corner of Fowler Ave and Jefferson Rd
-Lot Shape: Rectangular
-Utilities: Public water/sewer available in area
-Easy access just off Fowler Ave.
-With 15,000 + traffic counts and excellent visibility this site is perfect for a fast food or QSR restaurant and many other type of retail uses.
-Located along the heavily traveled Fowler Avenue across the street from the Big-Top Flea Market and adjacent to the bypass canal. There are site plans that could allow for an industrial facility on the south end of the property, so the possibilities are numerous.
-Located caddy corner from a newly completed 60 unit subdivision. Newly opened Kiran C Patel Charter high school with future middle and elementary schools in planning stages.

**This property is located in the newly created QUALIFIED OPPORTUNITY ZONE by the "Tax Cuts and Jobs Act of 2017" and is potentially eligible for deferral on capital gains taxes and much more.

Explore the links below for more information.
*Link: http://www.floridajobs.org/business-growth-and-partnerships/for-businesses-andentrepreneurs/business-resource/opportunity-zones

*Link: https://www.enterprisecommunity.org/opportunity360/opportunity-zone-eligibilitytoolgclid=Cj0KCQjwl9zdBRDgARIsAL5Nyn2xVSI89NtLiN9LkE7EpOa1WKnt4UJfqvN1C8Y1dzIdQuw8QMtn0QaAtBfEALw_wcB

*Also, here is the link to a map to all the opportunity zones:
https://www.policymap.com/maps?i=9964345&btd=6&p

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 202818ZZZ000002099300U
Zoning: COMMERCIAL GENERAL
Property Visibility: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,718 45,010 146,482
Median Age: 34.92 35.8 32.74
Households: 1,496 18,391 57,884

Contact

Photograph of Listing Agent

Gregory R Andretta, SIOR

Andretta Properties
CE-FL Member
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