Commercial Development Opportunity, Ybor Heights

Vacant Land for Sale
Catylist Listing ID: 30838861
Property Subtypes: Industrial, Office, Residential (Single Family), Other
Gross Land Area: 7,590 SF
Sale Price: $329,000
Unit Price: $43.35 PSF
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/25/2023

Overview / Comments

Florida Commercial Group is pleased to present a commercial property offers an onsite 1,165 SF building along with an adjoining oversized lot that may be used for extra parking or outside storage. Although currently being used as residential, this subject is zoned (CI) commercial intensive and may be ideal for vehicle repair, storage, light manufacturing, brewery, distillery, daycare, office and various other uses.
This property is great for a fearless investor who wants to keep this property as a rental for additional income or an owner/ user who would like to expand the site with new development. The area is exploding with new commercial and residential growth and sits in a (QOZ) qualified opportunity zone and HUBZone, surrounding your future property with countless developments, eligible federal procurement opportunities and tax incentive credits for all your business and development projects. Fronting busy N. 15th Street, this property gives ease of access to just about anywhere in the tri-county area within minutes to include Interstate 275, Dr. Martin Luther King Blvd., Interstate 4, N. Nebraska Avenue, N. 22nd Street, Ybor City, Seminole Heights and Downtown Tampa. Call today for additional property details and come get in on the happenings going on in East Tampa.

AREA
Value is in the land! Here is an excellent site for new east Tampa development. This 7,590 SF land site with building is located between E. 21st Avenue & E. Lake Avenue and N. Nebraska Avenue and N. 22nd Street and fronts N. 15th Street just south of the Dr. Martin Luther King Jr. and N. 15th Street intersection. Situated mere minutes from Interstate 275, Dr. Martin Luther King Blvd., Interstate 4, N. Nebraska Avenue, N. 22nd Street, Ybor City, Seminole Heights and Downtown Tampa, you’ll have ease of access throughout the Bay Area. This is a high traffic corridor that sees approximately 5,000+/- cars passing daily. There are special tax benefits allotted to investors as this site sits in a (QOZ) qualified opportunity zone and federal HUBZone. The East Tampa community is experiencing a huge growth surge and houses approximately 53,034 people with an average age of 35.5 and a HHI of over $62,200 within a 3-mile radius.
Some accessible destinations around the city with commute times include Ybor City: 1 mile/ 3 minutes, Downtown Tampa: 2 miles/ 7 minutes, Tampa International Airport: 14 miles/ 20 minutes and I-275: 1 mile/ 4 minutes. This is a buzzing residential/ commercial district that is frequented by local residents and exploding with new commercial and residential occupants making this site a great investment opportunity.
INVESTMENT HIGHLIGHTS
Redevelopment opportunity
Excellent site for NEW east Tampa development
1,165 SF bldg. onsite for office use
0.17 acres :: 7,590 SF lot
69’ of direct N. 15th Street frontage
Suitable for a multitude of commercial end users
Currently used as residential
Zoned CI (commercial intensive) allows for a wide variety of commercial uses to include: ALF, vehicle service and repair, storage, light manufacturing, brewery, distillery, daycare, office and various other uses (see Commercial Intensive Allowable Uses)
Situated along a densely packed, high growth corridor for retailers, multi- family and other commercial or industrial commerce
HUBZone/Opportunity Zone property (This area qualifies for business and tax incentives)
Average Daily Traffic count of 5,000+ cars a day
Within a 3-mile radius of this site resides approximately 53,034 people with an average age of 35.5 and a HHI of over $62,200
Located between E. 21st Avenue & E. Lake Avenue and N. Nebraska Avenue and N. 22nd Street
Minutes from Interstate 275, Dr. Martin Luther King Blvd., Interstate 4, N. Nebraska Avenue, N. 22nd Street, Ybor City, Seminole Heights and Downtown Tampa
1 mile to Ybor City/ 3 minutes :: 2 miles to DTT/ 7 minutes :: 14 miles to TIA/ 20 minutes :: 1 miles to I-275/ 4 minutes

Attachments & Media

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 1733010000
Zoning: CI
Legal Description: BENJAMIN'S 3RD SUBDIVISION S 68.80 FT OF E 110 FT OF LOT 2 BLOCK 2
Feet of Frontage: 69
Traffic/Vehicle Count: 4,500
Site Description: Florida Commercial Group is pleased to present a commercial property offers an onsite 1,165 SF building along with an adjoining oversized lot that may be used for extra parking or outside storage. Although currently being used as residential, this subject is zoned (CI) commercial intensive and may be ideal for vehicle repair, storage, light manufacturing, brewery, distillery, daycare, office and various other uses. This property is great for a fearless investor who wants to keep this property as a rental for additional income or an owner/ user who would like to expand the site with new development. The area is exploding with new commercial and residential growth and sits in a (QOZ) qualified opportunity zone and HUBZone, surrounding your future property with countless developments, eligible federal procurement opportunities and tax incentive credits for all your business and development projects. Fronting busy N. 15th Street, this property gives ease of access to just about anywhere in the tri-county area within minutes to include Interstate 275, Dr. Martin Luther King Blvd., Interstate 4, N. Nebraska Avenue, N. 22nd Street, Ybor City, Seminole Heights and Downtown Tampa. Call today for additional property details and come get in on the happenings going on in East Tampa.
Area Description: Value is in the land! Here is an excellent site for new east Tampa development. This 7,590 SF land site with building is located between E. 21st Avenue & E. Lake Avenue and N. Nebraska Avenue and N. 22nd Street and fronts N. 15th Street just south of the Dr. Martin Luther King Jr. and N. 15th Street intersection. Situated mere minutes from Interstate 275, Dr. Martin Luther King Blvd., Interstate 4, N. Nebraska Avenue, N. 22nd Street, Ybor City, Seminole Heights and Downtown Tampa, you’ll have ease of access throughout the Bay Area. This is a high traffic corridor that sees approximately 5,000+/- cars passing daily. There are special tax benefits allotted to investors as this site sits in a (QOZ) qualified opportunity zone and federal HUBZone. The East Tampa community is experiencing a huge growth surge and houses approximately 53,034 people with an average age of 35.5 and a HHI of over $62,200 within a 3-mile radius. Some accessible destinations around the city with commute times include Ybor City: 1 mile/ 3 minutes, Downtown Tampa: 2 miles/ 7 minutes, Tampa International Airport: 14 miles/ 20 minutes and I-275: 1 mile/ 4 minutes. This is a buzzing residential/ commercial district that is frequented by local residents and exploding with new commercial and residential occupants making this site a great investment opportunity, relocation site or expansion location for your growing business or portfolio. Call for a property brochure.
Lot Frontage: 69
Lot Depth: 110
Zoning Description: CI- Commercial Intensive

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,295 137,942 317,196
Median Age: 34.12 35.13 35.9
Households: 8,304 54,815 126,938

Contact

© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial Real Estate nor Moody's assume any liability for errors or omissions.