Redevelopment Opportunity on 3.31 Acres - for Sale

Highlights

• 3.31 acres
• Redevelopment opportunity
• Zoned for CI
• Approx. 32,000 VPD
• Currently Zoned - CI / CC-35 (Current maximum height is 45’.)
• Zoning Changes allowed with approval:
• RM-24 Residential Multiple-Family: - medium density multiple-family residential development. Max. height is 60 feet, min. lot size is 5000 square feet, 1 unit per 1,815 (sq. ft.).
• RM-35 Residential Multiple-Family: - medium-high density multiple-family residential development. Max. height is 120 feet, min. lot size is 5000 square feet, 1 unit per 1243 (sq. ft.).
• RM-50 Residential Multiple-Family: - high density multiple-family residential development. Max. height is 200 feet, min. lot size is 5000 square feet, 1 unit per 871 sq. ft.

Description

This commercial offering is a prime redevelopment opportunity. Located near the heart of downtown Tampa, which is bustling with exciting new developments that are in progress! Nearby is Water Street, a $3-billion, mixed-use district spanning 50 acres and the NEW 22 acre MidTown Tampa, both just 10 minutes away.

Existing 21,847 square foot building sitting on 3.31 acres of land on the highly trafficked and accessible S Dale Mabry Highway in South Tampa. This property has potential to be re-purposed in a multitude of ways. It is well suited for multi-family, self-storage, retail, or as other multi-use commercial property.

* Currently Zoned - CI / CC-35 (Current maximum height is 45’.)
* Zoning Changes allowed with approval:

RM-24 Residential Multiple-Family: - medium density multiple-family residential development. Max. height is 60 feet, min. lot size is 5000 square feet, 1 unit per 1,815 (sq. ft.).

RM-35 Residential Multiple-Family: - medium-high density multiple-family residential development. Max. height is 120 feet, min. lot size is 5000 square feet, 1 unit per 1243 (sq. ft.).

RM-50 Residential Multiple-Family: - high density multiple-family residential development. Max. height is 200 feet, min. lot size is 5000 square feet, 1 unit per 871 sq. ft.

Located on the highly trafficked S Dale Mabry Hwy with a traffic count of over 32,000 vehicles per day. Near all the new Tampa development projects.