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11802 S US Highway 301 5 Acres of Commercial Land Offered at $2,500,000 in Riverview, FL 33578

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EXECUTIVE SUMMARY

PRICE: $2.5 million
EXCEPTIONAL VISIBILITY
Huge Residential Growth– Thousands of new homes
Traffic Count: AADT 42,500
Hwy 301 is a main N-S highway linking Riverview to Tampa & south
Approx 55% is in Floodzone X (Outside the 100 year flood plain). The portion of the site in the Floodplain(AE) can be developed. . The adjacent development N is 100% in the floodplain

PROPERTY FACTS

Price $2,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 5.00 AC
Zoning PD

1 LOT AVAILABLE

Lot

Price $2,500,000
Price Per AC $500,000.00
Lot Size 5.00 AC

SIZE: 5 Ac (2.42 acres are wetlands) ZONING: PD—50,000 sf of BPO Use (Office/Professional Office) FOLIO: 077273-0010 Approx 55% is in Floodzone X (Outside the 100 year flood plain). The portion of the site in the Floodplain(AE) can be develope

DESCRIPTION

A wetland survey was conducted in March 2024. Of the 5 Ac lot, approx. 2.42 Ac are wetlands. 2.58 acre high and dry. Several of the nearby developments have been constructed in wetland areas. There are strategies to mitigate Wetlands and increase the buildable area. One common strategy for onsite mitigation is to locate a required retention area in a wetland area. Offsite mitigation can also be achieved by purchasing mitigation credits. A Buyer can determine the buildable area during Due Diligence.

  • Listing ID: 31638160

  • Date on Market: 4/28/2024

  • Last Updated:

  • Address: 11802 S US Highway 301, Riverview, FL 33578

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