Share This Listing

Message

958 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

10510 N Nebraska Ave 4.48 Acres of Commercial Land Offered at $4,480,000 in Tampa, FL 33612

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Highly visible 4.6-acre commercial land lot: 446-linear feet of frontage on Nebraska Ave and passed by 21,500 daily drivers.
  • Close proximity to commuter rail (7.5-miles) and airport (14.7-miles)

EXECUTIVE SUMMARY

140 Unit Multifamily Development Site – Shovel Ready Tampa, FL
10510 N Nebraska Ave, Tampa, FL 33612
This prime 4.48-acre property is an exceptional opportunity for Workforce or Student Housing Developers. Here's why you should take notice:
Special Use Permit Approval (SU1-23-0000036)
• We have secured a Special Use Permit for a 140-unit development in the City of Tampa, setting the stage for a prosperous venture tailored to workforce and student housing.
Development Progress
• Currently advancing through Civil plan approval.
• Next steps include full vertical development.
• We anticipate full permitting by year-end, offering a shovel-ready property on or before closing.
• Engage now for any simple interior Design changes that fit your scope of Development.
Valuable Documents
• Our comprehensive Dropbox contains essential documents, including surveys, site plans, and all pertinent approvals. Ask for additional information.
Versatile Zoning
• Zoned CI (Commercial Intensive), ensuring flexibility in usage and potential for a wide range of workforce or student housing developments.
Phased Development Opportunity
• Property is split into two folios, allowing for phased development if desired.
• Tailor your approach to maximize your investment's potential for workforce and student housing.
• Ask about potential Lending Options
Site Plan Approved
• All major planning hurdles have been cleared with an approved site plan with the City of Tampa.
• Special Use Permit SU1-23-0000036 approved and vertical permits pending.
• Expected to be fully approved by year end 2023.
Unit Features
• The development features 140 units, each offering 2 bedrooms, 2 bathrooms, and in-unit laundry facilities for tenant convenience.
• Each unit is about 750 square feet of living space for a simple split floor layout

Building Design
• Architecturally designed with a mix of two and three-story buildings, enhancing the aesthetic appeal of the property.
• Eight Buildings total of which seven are three stories and one being 2 stories
• Stormwater vault and filtration system
• Loading Berth for Fire, Trash, and Moving Trucks accessibility
• Simple modern design for easy build
Don't miss out on this exceptional opportunity, tailored to Workforce or Student Housing Developers! With the groundwork laid and a promising future, this property is primed for success in these specialized niches. Accepting offers today.

DATA ROOM Click Here to Access

PROPERTY FACTS Under Contract

Price $4,480,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 4.48 AC
No. Stories 1
Zoning CI - This district provides areas for intense commercial activity, permitting heavy commercial and service uses. Minimum lot size is 10000 square feet.

1 LOT AVAILABLE

Lot

Price $4,480,000
Price Per AC $1,000,000.00
Lot Size 4.48 AC

This 4.48-acre parcel at 10510 N Nebraska Ave, Tampa, FL 33612, boasts Special Use Permit approval for a 140-unit development, making it an ideal investment opportunity. Zoned CI and offering flexibility for either workforce or student housing.

DESCRIPTION

Located in the heart of Tampa, FL, the 4.68-acre parcel at 10510 N Nebraska Ave is an exceptional investment opportunity. With a Special Use Permit approval for a 140-unit development and versatile CI zoning, this property is perfect for both workforce and student housing developers. The site plan is approved, and it's currently advancing through the final stages of permitting, presenting a promising and nearly shovel-ready investment prospect. Don't miss out on this prime location with significant potential in a thriving area. Contact us today to seize this opportunity.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
A-13-28-18-3CS-000000-00014.0
Land Assessment
$928,126
Improvements Assessment
$14,646
Total Assessment
$942,772
  • Listing ID: 29859583

  • Date on Market: 10/23/2023

  • Last Updated:

  • Address: 10510 N Nebraska Ave, Tampa, FL 33612

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}