2.4 acres Vacant Land for Sale

Vacant Land for Sale
Catylist Listing ID: 30847973
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 2.40 Acres
Sale Price: $1,995,000
Unit Price: $831,250 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/11/2023

Overview / Comments

Land Size: 2.43 +/- acres (north end of 6202 N Himes Ave, Tampa,FL 33614)
Current Zoning: RMC-20 (Res. Multifamily Conv.20 units/acre)
Potential Uses: Multi Family, Residential
Future Land Use: RESIDENTIAL-20 (.35 FAR)
Folio Number: TBD – Part of # 029221-0000
Market: Egypt Lake Area
Property Taxes: To Be Determined
Utilities: Water/Sewer Hillsborough County ~ Electric: Tampa Electric
Traffic Counts: 2,700 vehicles/day

This is an excellent opportunity to purchase a 2.43-acre developmental parcel in the South Carrollwood/Egypt Lake submarket of Tampa Florida. The Future Land Use of Residential-20 (.35 FAR) allows for a number of potential residential uses. The attached site plan analysis proposes some potential uses that include 48 residential units (subject to Hillsborough County approval).

The Egypt Lake neighborhood is centrally located just off of Dale Mabry and Hillsborough Avenue. The location is just a short drive away from Interstate 275 with excellent access to Tampa Bay, Pinellas County and Orlando to the east. This area is home to many businesses, restaurants, offices and multiple apartment complexes. This opportunity is perfect for a developer looking for a residential development project in the heart of thriving Tampa, Florida.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 29221.0000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,750 121,745 344,114
Median Age: 35.92 37.2 36.57
Households: 8,702 48,504 138,303

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