27.21 +-Uplands Acres Commercial Retail

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 29731340
Property Subtypes: Retail
Status: Pending
Gross Land Area: 27.21 Acres
Sale Price: $11,000,000
Unit Price: $404,263 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/26/2021

Overview / Comments

This is the opportunity to develop a commercial parcel which is 45.5± acres of which 18.3± acres are wetlands, with a .5 FAR and 6 acres with a .35 FAR zoned for offices, banks, and similar commercial uses. It abuts an 18-acre lake and an 18-acre nature preserve. It has frontage on Cypress Creek Boulevard, 4 lanes with a landscaped median. T!he western boundary has full exposure from I-75.

The new Amazon facility of over 2,000,000 sq. ft. opened in November 2014 and is located in quadrant of I-75 and ! SR 674. It is expected to employ over 1,000 people creating greater need for housing and supporting commercial/ retail services.

The Villages of Cypress Creek is a planned community located in Ruskin, FL in southeast Hillsborough County just east of Interstate 75 and north of State Road 674, (also known as Sun City Center Boulevard) and south of 19th A!venue Northeast. It includes Ventana North, La Paloma and Villa D’Este developed by Miller Florida Homes.

The residential and commercial lots are within an original 1,650-acre community wrapped around a 640 acre nature preserve, and surrounded by an 18-hole championship golf course. There are two shopping centers, schools, regional library, hospital and professional offices nearby. Cypress Creek is just northwest of Sun City Center, a large senior community.

Located in Ruskin, in southeast Hillsborough County just east of Interstate 75 and north of State Road 674, (also known as Sun City Center Boulevard) and along 19th Avenue Northeast. It is conveniently located just 25 minutes from downtown Tampa and St. Petersburg, FL. New Amazon facility of over 2,000,000 sq. ft. opened in November 2014 and is located in quadrant of I-75 and SR 674.

Access is good from Interstate 75 and State Road 674 exit.

2013 Average Daily Traffic Count on Interstate 75 is 68,000 ADT and for State Road 674 is 36,000 ADT. This information is provided by FDOT.

Parcel 7 ! Retail/commercial/hotel! 45.5 Gross AC! -18.3 AC wetlands
27.21± Net

No Community Development Districts (CDD) fees and no improvement district fees (there are HOA fees).

All commercial development for MFH is under the jurisdiction of The Villages at Cypress Creek Design Review Committee, which approves all improvements and currently controlled by the Declarant (presently Miller Florida Homes).
Available in community.

Sellers require an initial non-refundable deposit of $25,000 with the execution of the contract. $6,900,000

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 1932029GO000000000080U

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,906 36,087 74,219
Median Age: 78.82 54.42 45.44
Households: 1,724 17,184 30,191

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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