Commercial Site for Sale, Lease, or BTS

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30289874
Property Subtypes: Hospitality, Retail, Other
Status: Pending
Gross Land Area: 2.36 Acres
Sale Price: $995,000
Unit Price: $421,610 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/1/2023

Overview / Comments

Asking Price: $995,000 
Lease or BTS Rate: Negotiable
ACROSS FROM NEWLY CONSTRUCTED MIXED-USE COMPLEX (FORMER 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 **
Ideal site for express car wash
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 (2021): $6,826.74
Location: Unincorporated Hillsborough County
Access Points: Two potential Access Points
Traffic Counts: 19,900 + 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 19,000 + traffic counts and excellent visibility this site is ideal for an express car wash, for a fast food or QSR restaurant and many other type of retail uses. Located along the heavily traveled Fowler Avenue across form newly constructed mixed-use complex ( Former Big Top Flea market site) with 292 unit multi-family plus restaurants, offices and a bank 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-and-entrepreneurs/business-resource/opportunity-zones

*Link: https://www.enterprisecommunity.org/opportunity360/opportunity-zone-eligibility-tool?gclid=Cj0KCQjwl9zdBRDgARIsAL5Nyn2xVSI-89NtLiN9LkE7EpOa1WKnt4UJfqvN1C8Y1dzIdQuw8QMtn0QaAtBfEALw_wcB

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

Attachments & Media

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

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