5.13 Acres Commercial Off I-75 Exit in Riverview, FL

Vacant Land for Sale
Catylist Listing ID: 30360245
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 5.13 - 5.14 Acres
Sale Price: $1,250,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/23/2019

Overview / Comments

This is an infill site, PD next 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
Taxing Authority: Hillsborough County
Tax ID/APN: U-20-30-20-9LV-000000-00001.0
Zoning: PD
Property Located Between: I-75 Gibsonton Dr Exit and Lowes Home Improvement Store
Property Visibility: Excellent
Legal Description: RIVERVIEW WEST LOT 1
Largest Nearby Street: Gibsonton Dr to I-75 and to US 301
Feet of Frontage: 510
Traffic/Vehicle Count: 12,100
Highway Access: Onto Gibsonton Dr to I-75 and to US 301 via Mathog Road
Airports: Tampa International Airport
Site Description: Upland, flat, wooded, square land parcel open on 1 side to excellent visibility on Mathog Road near the Lowes Home Improvement strip center.
Area Description: This is a booming area; along a one mile highway, Gibsonton Drive, between an I-75 on/off ramp and US 301, that is already developed with brand name retail, restaurants and other commercial development.
Lot Frontage: 505
Lot Depth: 385
Zoning Description: Zoning: PD Planned Development Future Land Use: SMU-6 Suburban Mixed Use-6
Part of Planned Development?: Yes
Development Name: RIVERVIEW WEST
Topography: Level
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,198 62,339 164,597
Median Age: 43 35.69 35.78
Households: 1,325 22,613 60,017

Contact

Photograph of Listing Agent

Stephen J. Toner, MBA

SVN Saunders Real Estate CE-FL Member
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