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962-1022 E Shell Point Rd - Prime Development Opportunity in Tampa Suburb

3.18 Acres of Residential Land Offered at $490,000 in Ruskin, FL 33570

Investment Highlights

  • Significant population growth within the Tampa MSA is rapidly expanding into the Ruskin suburb.
  • Within one mile of municipal facilities and local schools, enhancing accessibility and convenience.
  • Exceptional value for a development-ready parcel in the Tampa MSA, with a low cost basis.
  • Located less than 1.5 miles from the new Amazon Fulfillment Center, a key distribution hub for Southwest Florida.
  • Flexible zoning and a streamlined planning and zoning process accommodate a wide range of potential uses.
  • Flexible Ownership is willing to enter into a ground lease or BTS lease for a creditworthy tenant.

Executive Summary

Prime Development Opportunity in the Heart of Ruskin, FL
Unlock the full potential of this exceptional 3.18-acre development parcel located at 962-1022 E Shell Point Road in the rapidly growing community of Ruskin, FL. Perfectly positioned at the intersection of E Shell Point Road and Interchange Street, this property offers unparalleled visibility and access, making it an ideal site for a wide range of neighborhood commercial and residential developments.
STRATEGIC LOCATION
This property sits at the gateway to Ruskin, surrounded by established residential neighborhoods and just minutes from major transportation arteries, including I-75 and US-41. The site is adjacent to the prestigious Covina at Bay Park community and enjoys close proximity to shopping centers, schools, and key employment hubs, such as the Amazon Fulfillment Center, located just 1.5 miles away. This prime location ensures a steady flow of traffic and easy access for both residents and businesses.
ZONING AND LAND USE FLEXIBILITY
Zoned as Planned Development (PD) with a future land use designation of Residential 12 (R-12), this parcel offers a unique blend of opportunities for developers. The property’s zoning supports a variety of uses, including residential support services, retail, and personal services, making it a versatile investment for those looking to capitalize on Ruskin’s growth.
KEY PROPERTY FEATURES:
• Total Area: 3.18 acres (approximately 138,520.8 square feet)
• Zoning: Planned Development (PD)
• Future Land Use: Residential 12 (R-12)
• Frontage: 356 feet along E Shell Point Road and 366 feet along Interchange Street
• Access: Multiple access points from both Interchange Street and E Shell Point Road
• Infrastructure: Public water and sewer services available, provided by Hillsborough County
COMPREHENSIVE DEVELOPMENT FEASIBILITY
The site has been thoroughly vetted for development, with a detailed feasibility report confirming the viability of the proposed uses. The property’s strategic location within the Urban Development Area ensures access to essential public services and infrastructure, aligning with Hillsborough County’s long-term growth and development plans. Previous investigation highlights the property’s compliance with all relevant zoning and land use regulations, making it ready for immediate development.
ENDLESS DEVELOPMENT POSSIBILITIES
Whether you envision a medium-density residential development, a neighborhood retail plaza, a daycare center, self storage facility, or a combination of any defined neighborhood use, this property offers endless possibilities. The surrounding area’s ongoing residential and commercial expansion only enhances the potential for a successful development that meets the needs of this dynamic community.
PRELIMINARY ENGINEERING COMPLETED
Preliminary engineering has already been completed for a proposed 10,000-square-foot daycare center, which includes an additional 5,000-square-foot outdoor playground. This advanced planning ensures that the site is well-prepared for immediate development, offering a streamlined path to bringing a high-quality childcare facility to this prime location. This groundwork significantly reduces the time and effort required to move forward with your project, making this an even more attractive investment opportunity.
INCENTIVES FOR BUYERS
This is a rare opportunity to secure a versatile parcel in one of the fastest-growing areas of Southeast Florida. Ownership is flexible and willing to provide prospective buyers with the necessary time to obtain approvals prior to closing. Additionally, ownership is open to entertaining offers for long-term ground leases or build-to-suit lease agreements for qualified tenants.
SEIZE THIS OPPORTUNITY
Don’t miss your chance to invest in this prime piece of Ruskin real estate. Contact us today to learn more and start turning your development vision into reality at 962-1022 E Shell Point Road, Ruskin, FL 33570.
All reasonable terms and offers will be considered. All brokers protected.

Property Facts

Price $490,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 3.18 AC

1 Lot Available

Lot 1

Price $490,000
Price Per AC $154,088.05
Lot Size 3.18 AC

The subject property falls within the Urban Development Area of the Urban Service Area which was established to focus new growth and redevelopment and concentrate public and private investment where services are available and will be most needed.

zoning

Zoning Code Residential 12 (R-12) (FLUE of R-12 designation reserved for residential, urban-scale neighborhood commercial, office uses, multi-purpose projects, and mix-use development.)
Residential 12 (R-12) (FLUE of R-12 designation reserved for residential, urban-scale neighborhood commercial, office uses, multi-purpose projects, and mix-use development.)
  • Listing ID: 32971768

  • Date on Market: 8/27/2024

  • Last Updated:

  • Address: 962-1022 E Shell Point Rd, Ruskin, FL 33570

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