Address
1001 N MACDILL AVENUE, TAMPA, FL
Price
$ 3,200,000
Property Attributes
- MLS#T3413843
- TypeCommercial
- CountyHILLSBOROUGH
- CityTAMPA
- AreaTampa
- NeighborhoodUnplatted
- Zip33607
- StyleRetail
- Year Built1967
- Taxes$ 19164
- Price$ 3,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8494
- Lot Size0.82 Acres
Data Source:
Stellar MLS
Property Description
This unique Midtown investment opportunity is located at the hard corner lighted intersection of N. Macdill Avenue and W. Cypress Street. The 8,494 SF building sits on a 35,850 square foot (.82 Acre), CG (Commercial General) zoned parcel just blocks away from the newly established “Midtown” district of Tampa, Florida. This site is conveniently located in the heart of a large high-density population with excellent access from major roads with an abundance of commercial activity and is one of the most rapidly redeveloping neighborhoods throughout the Tampa-St Petersburg MSA. The building currently consists of 7 units ranging from 698 SF up to 1,600 SF. This site is one of the few throughout the market with adequate parking (46 spaces or 6.2 spaces / 1000 SF) for medical users within such close proximity to serve the highly sought after South Tampa demographic. The retail exposure and ample parking offers an opportunity to alter tenant mix over time and drastically increase the investment return as medical lease rates in this market are currently in the mid to upper 30's per SF NNN. This parcel also has a highly desirable future land use designation of CMU-35 which stands for Community Mixed Use – 35 units to the acre development density for a mixed use development. The development potential of such a land use also comes with a potential development FAR (floor-to-area ratio) of 2.0 meaning that this .81 acre parcel would have a maximum development potential of 28 units totaling a maximum of 71,700 SF of building improvement. Please contact us to discuss current tenancy and P&L information. Located at the intersection of N. Macdill Avenue and W. Cypress Street.
| Price History | |
|---|---|
| 11/14/2022 | Listed $3,200,000 |
General Features
| City | TAMPA |
|---|---|
| Construction Materials | Block |
| Cooling | Central Air |
| County | Hillsborough |
| Days on Market | 157 |
| Directions | Veterans Express (589 S), continue on Memorial Hwy, take the exit toward Tampa/I-4 onto I-275 N (SR-400), 1.4 miles, take Exit 41A toward US-92/Dale Mabry Hwy, .53 miles, turn right toward N Dale Mabry Hwy |
| Lot Size Square Feet | 35850 |
| MLS Area | 33607 - Tampa |
| New Construction | No |
| Percent Ownership | Corporation |
| Property SubType | Retail |
| Property Type | Commercial Sale |
| Public Remarks | This unique Midtown investment opportunity is located at the hard corner lighted intersection of N. Macdill Avenue and W. Cypress Street. The 8, 494 SF building sits on a 35, 850 square foot (.82 Acre) |
| Standard Status | Active |
| Status | Active |
| Street Name | MACDILL |
| Subdivision Name | UNPLATTED |
| Tax Annual Amount | 19164.73 |
| Tax Lot | A-15-29-18-ZZZ-000005-909 |
| Tax Year | 2021 |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/T3413843 |
| Waterfront Y/N | No |
| Year Built | 1967 |
| Zoning | CG |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Living Area Units | Square Feet |
| Street Suffix | AVENUE |
| Total Stories | 1 |
Exterior Features
| Building Area Total | 8494 |
|---|---|
| Foundation Details | Slab |
| Lot Size Acres | 0.82 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
| Open Parking Y/N | No |
| Parking Features | Over 30 Spaces |
| Road Frontage Type | County Road |
| Road Surface Type | Asphalt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 33607
Price
Taxes
Visits
Year Built
Walkscore
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on December 7, 2023 11:00 AM UTC
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