1.1 Acre (10 Lots) NoHo Development Site for Sale

Vacant Land for Sale
Catylist Listing ID: 30838440
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail
Gross Land Area: 1.10 Acres
Sale Price: $4,500,000
Unit Price: $4,090,909 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/5/2023

Overview / Comments

Land Size: 1.1 Acres
Zoning: CI/Commercial Intensive
Potential Uses: 48- 52 Apartment Units, Multiple Office/Retail Options, 7-24 Townhome/Condo Units
Future Land Use: Commercial Community -35 (2.0 FAR)
Folio Numbers: 178067.0000, 178070.0000, 178071.0000
Market: North Hyde Park
Taxes: $19,410.18
Utilities Water/Sewer: City of Tampa Electric: Tampa Electric
Traffic Counts: Over 30,000 AADT (15,500 – Howard Avenue plus 15,400 Cypress Street)

*This is an excellent opportunity to purchase a 1.1-acre developmental parcel in the NOHO neighborhood of Tampa. The Future Land Use of Commercial Community-35 allows for a number of commercial and residential uses including, townhomes, apartments, retail and office. A completed site analysis proposes some potential uses that include 48-52 apartment homes, 17-24 Townhome/Condo units and several retail/office solutions (All subject to City of Tampa approval).

*The NoHo neighborhood is located just north of South Tampa along the Howard/Armenia corridor. The location is just a few blocks away from Interstate 275 with excellent access to Tampa Bay, Pinellas County and Orlando to the east. The project is situated midway between the new Midtown Tampa project and Tampa’s Central Business District. This area is home to many new businesses, including law firms, restaurants, multiple apartment complexes and the Jewish Community Center. This opportunity is perfect for a developer looking for a retail, office, townhome or multi family project in the heart of thriving Tampa Florida.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 1780710000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,964 126,821 266,135
Median Age: 33.95 37.5 37.28
Households: 10,221 54,645 110,236


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