406 E Bearss Ave 2.33 Acres of Commercial Land Offered at $2,250,000 in Tampa, FL 33613

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INVESTMENT HIGHLIGHTS

Average vehicles per day exceed 68,000 per day at the combined location.
Downtown Tampa is only eight (8) miles away while Busch Gardens is only Five (5) miles away.
The Moffitt Cancer Center & the newly build Advent Health Regional Hospital are all situated within 2.5 mile of the subject property.

The subject property is in the heart of a heavy commercial district
The University of South Florida, USF School of Medicine & James A Haley Veterans Hospital are within 2.5 miles of the subject property.
Property Qualifies for LIVE LOCAL Program which allows for affordable local work force housing to be built on commercial zoned land

EXECUTIVE SUMMARY

Permitted Uses Include: Hotel, Restaurant, Office, Medical, Church, Small Commercial Strip, etc.
This property should qualify for the LIVE LOCAL act for affordable workforce housing units to be built. See attached information
Land is level and improved but with some dense greenery
Utilities Close by property
Survey is attached in documents
Phase I and II Environmental Study is attached in documents

SECTION 25.22 COMMERCIAL ZONING DISTRICTS

LLA_Zoning_Verification_Printable

LURA_Agreement

UESDOCS-#2023501-v1-FNL_ENV_-_2_43-Acre_Vacant_Commercial_Parcel_Tampa_Phase_I_ESA (2)

ES-406 E. Bearss Ave Tampa, FL 33613_ExecutiveSummary_071822-Price

PROPERTY FACTS

Price	$2,250,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Hospitality Apartment Units General Freestanding Medical Religious Facility Storefront, Retail or Office Strip Center
Total Lot Size	2.33 AC
Zoning	CN - See attachments for county zoning info

1 LOT AVAILABLE

Lot

Price	$2,250,000
Price Per AC	$965,665.24
Lot Size	2.33 AC

This is a 2.33 Acre (mol) vacant lot situated adjacent to the off-ramp on Interstate 275 at the Bearss Avenue Exit. The land is located behind the IHOP Restaurant and adjacent to the Parc Motel. Zoning is “CN”.

DESCRIPTION

This is a 2.33 Acre (mol) vacant lot situated adjacent to the off-ramp on Interstate 275 at the Bearss Avenue Exit. This location is highly visible from I-275. The land is located behind the IHOP Restaurant and adjacent to the Parc Motel. Zoning is “CN” and permitted used include hotel, office, medical, restaurant, small commercial strip, etc. The subject property has a dedicated entryway directly off Bearss Avenue between IHOP and the Parc Hotel. The subject property is level and mostly cleared with some dense greenery near the rear of the property. This is the perfect location for a business that requires high-traffic counts. Property is eligible for LIVE LOCAL program. Info available for this program in attachments. Survey and Phase I Study is also available in attachments .