0.7+- ac/3600 SF Retail/Office at Sabal Park

Vacant Land for Sale
Catylist Listing ID: 30471726
Property Subtypes: Residential (Single Family)
Gross Land Area: 3,600 SF
Sale Price: $499,000
Unit Price: $138.61 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/31/2020

Overview / Comments

PROPERTY DESCRIPTION - The opportunity is to purchase a permitted site for a 3,600 SF retail or office use (though zoning allows for up to 5,000 SF building) adjacent to a brand new Starbucks in Sabal Park. This is the only undeveloped parcel zoned for retail uses within Sabal Park. The site has shared signage and access with Starbucks and as well as 26 dedicated parking spaces. The site was master planned with all civil drawings approved, therefore a buyer needs to just submit building plans to the county for approval.

LOCATION DESCRIPTION - The property is located at 9601 Martin Luther King Jr Blvd in Tampa, FL. The site is the south half of the parcel located in the south east corner of MLK JR and Cragmont Dr, one of the primary entrance's into Sabal Park. Sabal Park is a 1,000 acre office park with over 5 million SF of office and industrial buildings in East Tampa, serving as the home to Coca Cola, Citigroup, Ford Credit, Kraft, Citizens and multiple colleges and hotels, to name a few. it is a 10 miles from downtown Tampa and is located along the I-75 corridor.

PROPERTY SIZE - 0.73 Acres

ZONING - CI- Commercial Intensive; Use restrictions against coffee, tea & blended drinks.

PARCEL ID - Folio 065507-2643

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 20290728E000001000010U

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,264 53,959 208,682
Median Age: 30.88 34.4 34.6
Households: 2,130 18,915 78,624

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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