1.59 Acres on Dr. Martin Luther King

Retail-Commercial for Sale
Catylist Listing ID: 30382267
Property Subtypes: Car Wash, Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 1,440 SF
Gross Land Area: 1.59 Acres
Sale Price: $599,000
Unit Price: $415.97 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/23/2020

Overview / Comments

Price reduction - Motivated Seller! Currently used as an entertainment venue and nursery, this 1.59 acres has 1 building is currently used for an office (1,440 SF) and for the nursery and entertainment venue. The front portion of the property along MLK is zoned CN. There are 2 entries to the property. 1 off of W Martin Luther King Blvd and the other just off of Highland Ave. This property is just Ease of Parsons across the street from the McDonalds. Owner will consider selling some of the property behind this lot if needed. Owner will consider any reasonable offer.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Taxing Authority: Hillsborough County
Tax ID/APN: 202902ZZZ000002323400U
Zoning: CN IN THE FRONT AND RDC-6 IN THE BACK
Retail Clientele: General
Property Located Between: Parsons and W Dr. Martin Luther King Blvd. in Seffner
Property Visibility: Excellent
Largest Nearby Street: Dr. Martin Luther King Jr Blvd and Parsons
Traffic/Vehicle Count: 20,500
Highway Access: W. Dr. Martin Luther King Close to I-4 exit
Airports: Tampa
Site Description: 1.59 acres with 1440 sq ft office and various other structures. 2 entries.
Area Description: Close to I-4 Exit, shopping center, fast food restaurants, gas stations, bank and more.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,440 SF
Property Condition: Good
Year Built: 1960
Parking Type: Surface
Zoning Description: RDC-6.
Legal Description: W 1/2 OF SE 1/4 OF SW 1/4 OF SW 1/4 LESS E 100 FT AND LESS N 263 FT AND LESS S 170 FT OF W 125 FT TOGETHER WITH THE S 37 FT OF N 300 FT OF E 100 FT OF SD W 1/2 OF SE 1/4 OF SW 1/4 OF SW 1/4 LESS RD R/W

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,298 69,983 164,417
Median Age: 35.51 37.01 35.82
Households: 2,917 25,428 60,776

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