Catylist ID:
#30851038
| Catylist Listing ID: | 30851038 |
| Property Subtypes: | Agricultural, Industrial, Mobile Home Park, Multi-Family, Residential (Single Family), Other |
| Gross Land Area: | 2.18 Acres |
| Sale Price: | $600,000 |
| Unit Price: | $275,229 Per Acre |
| In Opportunity Zone? | Yes |
| Sale Terms: | Cash to Seller, Build-to-Suit, Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/18/2023 |
Overview / Comments
|
VALUE IS IN THE LAND! Attention investors, developers and builders! :: An outstanding high/dry, 2.2-acre residential site offering unlimited possibilities for new residential, multi-family or office development :: Zoned multi-family up to 12-units per acre, this parcel is located within a Qualified Opportunity Zone as well as a Qualified HUB Zone and boasts over 370’ of frontage along Delano Avenue :: Utilities are at or near the site :: Highest and best use: multi-family up to 12-units per acre, single family construction or office development :: Located just 7/10ths of a mile south of the signalized intersection of E. Dr. Martin Luther King Jr. Blvd. and Orient Road :: Minutes from Seminole Hardrock Casino, Florida State Fair Grounds, Mid-Florida Amphitheatre, Corporex Plaza, Netpark Tampa Bay, Seffner, Palm River, Brandon, Temple Terrace, Ybor City, the Greater East Tampa area, Interstate 4, E. Dr. Martin Luther King Jr. Blvd., E. Hillsborough Avenue, Hwy 60/ Adamo Drive, Interstate 75 and US Hwy 301 S. :: The area is buzzing with new commercial and residential growth :: Neighboring businesses include: 7- Eleven, Metro PCS, Wendy’s, McDonalds, Red Cap Plumbing, Penske Truck Rental, Fairview Cove Apartments, Mobil, Marathon, Shell, Speedway and Sunoco gas stations, etc. :: Call today for survey or additional property details. Florida Commercial Group is pleased to present for sale a 2.2-acre land site in the expanding East Lake-Orient Park Community. This is a raw land site of 2.2 buildable acres. The lot is level with utilities at or near the site and the property boasts 370’ of frontage along Delano Avenue with access to the property on both Delano Avenue and Baldwin Avenue. Situated at the end of Delano Avenue, the location is tranquil and secluded, ideal for a residential home site or a new location for office expansion or relocation. Although the property is zoned for multi-family (RMC-12), there are restrictions to this site that state any multi-family buildings are limited to either four dwelling unit buildings and/or duplex. Allowable density is a maximum of 12-units per acre if all regulations can be complied with. The allowable density could be achieved with either multiple 4-unit buildings and or duplex. But not one big apartment building. Residential Gross Density will allow up to a maximum of 12 dwelling units per gross acre. |
Attachments & Media
Additional Details
| Nearest MSA: | Tampa-St. Petersburg-Clearwater |
| County: | Hillsborough |
| Tax ID/APN: | 42331.0000 |
| Site Description: | INVESTMENT HIGHLIGHTS - 2.2-acre site (All buildable) - New development opportunity - Highest and best use: multi-family up to 12-units per acre, single family construction or office development - Also suitable for urban scale neighborhood commercial, office uses, multi-purpose projects and mixed-use development distribution, manufacturing, warehousing and agricultural uses - Located within a Qualified Opportunity Zone (QOZ- Opportunity Zone incentives are a federal tax program designed to encourage long-term private investments in distressed communities.) - Located within a Qualified Hubzone (HUBZONE- providing long-term tax benefits to tenants and business owners.) - Utilities are at or near the site - 370’ frontage directly on Delano Avenue - The area is flourishing with new commercial and residential growth and is surrounded by many developments of commercial commerce, residential communities, shopping, dining, schools and parks - Convenient to highways and major thoroughfares - Minutes from Seminole Hardrock Casino, Florida State Fair Grounds, Mid-Florida Amphitheatre, Corporex Plaza, Netpark Tampa Bay, Seffner, Palm River, Brandon, Temple Terrace, Ybor City, the Greater East Tampa area, Interstate 4, E. Dr. Martin Luther King Jr. Blvd, E. Hillsborough Avenue, Hwy 60/ Adamo Drive, Interstate 75 and US Hwy 301 S. - 20 minutes (approx.) to Tampa International Airport - 1 minutes to the Interstate 4 - 8 minutes to the Interstate 75 |
| Area Description: | Situated just one 1 mile from Interstate 4, between E. Dr. Martin Luther King Jr. Blvd. and Broadway Avenue this 95,831 SF land site offers quick accessibility to major thoroughfares like Orient Road, E. Dr. Martin Luther King Jr. Blvd., E. Hillsborough Avenue, Hwy 60/ Adamo Drive, Interstate 75 and US Hwy 301 S. The area is expanding with new developments offering flexibility to build residential, multi-family up to 12-units an acre or professional offices. You’ll be surrounded by a diverse mix of commercial commerce, retail, shopping, dining, schools and residential communities. Within a one-mile radius of the subject site are regional and national businesses that include: 7- Eleven, Metro PCS, Wendy’s, McDonalds, Red Cap Plumbing, Penske Truck Rental, Mobil, Marathon, Shell, Speedway and Sunoco gas stations, etc. Seffner, Palm River, Brandon, Temple Terrace, Ybor City and the Greater East Tampa area are a short commute away. So come build your dream home or office in the heart of this blossoming East Lake-Orient Park Community. Located less than a mile south of the signalized intersection of E. Dr. Martin Luther King Jr. Blvd. and Orient Road, this growing corridor is improving rapidly with a blend of commercial and residential developments. Call today for a property brochure! |
| Lot Frontage: | 370' |
| Zoning Description: | RMC-12 (Residential Multifamily up to 12-units per acre) |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 6,163 | 56,184 | 239,166 |
| Median Age: | 35.66 | 32.85 | 33.73 |
| Households: | 2,145 | 19,665 | 91,731 |
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