10568 Gandy Blvd N - 1.5 ac Redevelopment @ Entrance to Derby Lane 1.5 Acres of Commercial Land Offered at $2,500,000 in Saint Petersburg, FL 33702

Positioned at the gateway to Derby Lane and wrapped on three sides by the venue, the property offers unmatched visibility and signage potential. While the existing structure requires demolition due to mold and flooding damage, the true value lies in the land’s redevelopment potential. Zoned C-2 with a Commercial General future land use designation, the site supports a wide range of retail and commercial applications. Its dimensions—approximately 200 feet wide by 300 feet deep—provide flexibility for site planning and design. Located within the AE Flood Zone, the property includes a billboard lease generating over $5,000 annually, adding immediate cash flow. Surrounding demographics are robust, with over 125,000 residents within five miles and average household incomes exceeding $100,000. Proximity to major transportation routes, including Gandy Bridge and I-275, ensures seamless connectivity to Tampa, downtown St. Petersburg, and the broader Pinellas County market.