The opportunity is to purchase 1.6± acres on Teco Road, just north of E College Avenue, in unincorporated Ruskin, FL within Hillsborough County. The property is situated conveniently to the east of a Big Lots anchored retail center and just south of Madison Palms, a 317-unit apartment complex currently under construction. The site is zoned AR (Agricultural) but can potentially be rezoned for a variety of general commercial uses.
The property is located north of E College Avenue and has primary access off Teco Road. The site has high visibility and traffic (AADT 38,500) from E College Avenue and is located immediately west of the I-75 interchange. The site is one mile from Amazon fulfillment center with close proximity to shopping, schools and employment centers.
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.
