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
AVG $1.95M
$3.2M
Taxes
AVG $15,264
$19,164
Visits
AVG 462
934
Data Provided by Inside Real Estate®
Year Built
AVG 1963
1967
Walkscore
AVG 70
67
Data Provided by Walkscore® not using MLS data

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