North Tampa Hotel Site for sale

13603 N. 12th Street Tampa, FL 33612

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FOR SALE Incentives
Property Type:
Other Land
Amount:
. $1,200,000
Last Verified:
Apr 28, 2017

Highlights

  • Corner lot
  • Located on busy Fletcher Ave
  • Great access to I-75 and I-275

Description

Property is zoned for up to a 50,000sf 4 story 124 room hotel building.

Property is located on the northeast corner of Fletcher Ave and 12th Street in Tampa, FL.

Lot Size: 2.84 acres

Map of 13603 N. 12th Street, Tampa, FL, 33612

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.