$471.23 Per Sq Foot $5,394 est/mo Sourced by Back At You

2124 S 78th St,TAMPA, FL 33619

TAMPA FL, 33619

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Description

**Prime Commercial Real Estate Opportunity in Tampa Area 2.8 Acres MOL** (price does not include business) Seize a remarkable investment opportunity with this 2.8 -acre property strategically located in a thriving commercial neighborhood of Tampa. This property, currently zoned for both CN (Commercial Neighborhood) and BPO (Business, Professional Office), offers a versatile foundation for various commercial endeavors or office industrial developments. **Acreage:** 2.8 acres MOL, with a professional survey available. **Zoning:** Dual zoning CN and BPO ideal for a mix of retail, service, and professional office applications. **Future Land Use:** R-9, offering potential for residential development up to 9 units per acre. Development Potential: The current R-9 land use designation opens the door for rezoning for residential building projects, including high-density housing. With the adjacent property also for sale, there's a combined potential of approximately 5 acres (carwash property located at 2134 S 78th Street), presenting a rare chance to develop government housing or a mixed-use complex that can cater to a growing demand in the area. Located in a bustling commercial district with easy access to major highways, local businesses, and community amenities, this property positions future developments at the heart of convenience and growth. Whether you're looking to expand current commercial structures or explore residential developments, this property offers the flexibility to align with market demands. Its robust zoning permissions and significant acreage make it a prime candidate for a landmark project in Tampa. This listing accentuates the property’s flexible use under current zoning laws and its potential for future residential or mixed developments, making it an attractive investment for commercial developers and government housing planners alike. Current Lease Details: Tenant Stability: A reliable tenant in place, having recently renewed their lease option for an additional 5 years as of April 1, 2024. Annual Rent Increase: Contractual rent increase of 2% per year, ensuring a growing income. Lease Documentation: Full lease details available upon request. This 2.8 acre site consists of a 2,016 SF convenience store structure (price does not include business) along busy 78th Street in the heart of Claire Mel. The property has excellent parking, additional storage opportunity, room for expansion and excellent visibility and signage with exposure to almost 20,000 cars per day. No historical c-store sales data will be available. There is currently a tenant on site paying estimated $2600 per month plus sales tax gross for c-store and paved parking area only. Additional covered area adjacent to the store can be leased to increase income and has been rented for food trucks, car detailing and fruit stands over the years. The convenience store and adjacent covered storage structure utilizes approximately 20,000 SF of land while approximately 101,899 SF or 2.34 acres lie to the east of the store. This land is also zoned BPO and has a Future Land Use of Residential 9 (.35 FAR). Potential use for this "excess" land is a 50,949 SF residential development of 21 units or a potential commercial office development totaling 35,664 SF of building.

Details

MLS#T3520390
Listing TypeFor Sale
StyleRetail
Sub-TypeFor-sale
StatusActive
Year1977
Days On Site36
Listing Provided ByM SIX REALTY POWERED BY SELLSTATE | Elena Mejias PA

Features

SQ Feet2,016
ZoningBPO
Acreage2.80

Market Activity 33619

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of May 25, 2024 at 12:37:43 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Listings Checked: 3 minutes ago
StateFL
CountyHillsborough
CityTAMPA
Zip Code33619
Area33619 Tampa | Palm River | Progress Village
Community NameSOUTH TAMPA SUB
Listing VS Median (in SOUTH TAMPA SUB)
Price:
$950,000
low | high
Med:
$389,900
100% of Average
SqFt:
2,016
low | high
Med:
1,256
87.698412698413% of Average
$ / SqFt:
$471
low | high
Med:
$310
84.123499832384% of Average
On Site:
36
low | high
Med:
59.000000
61.016949152542% of Average
Sourced by Back At You
Listing Updated: April 20, 2024 at 1:18:10 AM PDT