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8901 N 56th St - Retail Development Opportunity

1.75 Acres of Commercial Land Offered at £1,580,020 in Temple Terrace, FL 33617

Investment Highlights

  • Zoned Commercial General for versatile development opportunities
  • High traffic volume of 40K daily average for maximum visibility
  • Positioned for future growth with City of Temple Terrace plans
  • 350' frontage with direct exposure to N 56th Street
  • Ideal for restaurant or retail targeting USF, Busch Gardens, and Moffitt markets
  • Future land use designated as Downtown Mixed Use (DMU-35) Nearby retail proof of concept with rents $32-$35/SF

Executive Summary

Discover an exciting retail development opportunity in Temple Terrace, FL. The location offers access to a diverse and growing market, with convenient proximity to major thoroughfares and popular neighborhoods. Nearby points of interest include the University of South Florida, Busch Gardens, Moffitt Medical and the Museum of Science and Industry. With a flourishing local economy and a strong influx of visitors, the area presents an enticing prospect for retail-pad and land investors. Take advantage of this prime location to capitalize on the dynamic Tampa market and establish a successful retail presence.

Attachments

Sale_Brochure v4.2
Temple Terrace Proposal Requirments 20230615

Data Room Click Here to Access

Property Facts

Price £1,580,020
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Medical
  • Retail Warehouse
  • Storefront, Retail or Office
Total Lot Size 1.75 AC

1 Lot Available

Lot

Price £1,580,020
Price Per AC £902,869
Lot Size 1.75 AC

Uncover an exceptional retail opportunity in the heart of Temple Terrace, FL, at this prime property zoned Commercial 1.75 acres (more or less) of shovel ready land adjacent to key retail corridor and just west of a new 200 unit apartment building.

Description

1.75 acres (more or less) of shovel ready land adjacent to key retail corridor and just west of a new 200 unit apartment building. Boasting 350' frontage along the high-traffic N 56th Street, this site offers unparalleled exposure with a daily average traffic volume of 40K. Positioned to draw from the nearby USF, Busch Gardens, and Moffitt medical markets, it presents a compelling prospect for retail or restaurant development. With the City of Temple Terrace planning for multimodal mobility and pedestrian connectivity, this property aligns with the area's future growth. Take advantage of this outstanding location and the potential for retail success, zoned CG with future land use designated as Downtown Mixed Use (DMU-35). The City of Temple Terrace initiated the development of a Pedestrian Master Plan for the Southeast Quadrant (SEQ) of the Temple Terrace Community Redevelopment Area (CRA) to improve walkability and pedestrian connectivity in the area and to develop surface improvements and park-like amenities for the property surrounding the Springdale Outfall Pond area. This Master Plan sets a framework for pedestrian and open space amenities in the SEQ as the area continues to redevelop. City leadership is committed to a progressive and pedestrian friendly development. A perfect location for a restaurant or upscale retail. The plan does not allow storage, car wash or QSR developments on this parcel.

Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • T-22-28-19-A9B-000003-00012.0
  • T-22-28-19-A9B-000003-00002.0
  • T-22-28-19-A9B-000003-00003.0
  • T-22-28-19-A9B-000003-00006.0
  • T-22-28-19-A9B-000003-00007.0
  • T-22-28-19-A9B-000003-00010.0
  • T-22-28-19-A9B-000003-00001.0
  • T-22-28-19-A9B-000003-00005.0
  • T-22-28-19-A9B-000003-00011.0
  • T-22-28-19-A9B-000003-00013.0
  • T-22-28-19-A9B-000003-00004.0
  • T-22-28-19-A9B-000003-00008.0
  • T-22-28-19-A9B-000003-00009.0
Land Assessment
£120,192
Improvements Assessment
£0
Total Assessment
£120,192

zoning

Zoning Code CG (General Commercial)
CG (General Commercial)
  • Listing ID: 25933662

  • Date on Market: 14/06/2022

  • Last Updated:

  • Address: 8901 N 56th St, Temple Terrace, FL 33617

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