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Jaguar of Tampa 320 E Fletcher Ave 37,025 SF 100% Leased Retail Building Tampa, FL 33612 For Sale
Investment Highlights
- ±8.6-Acre Site (±7.0 Acres Developable) Current Zoning: Commercial General, Future Land Use: Residential-12 (RES-12), Supporting~103 Multifamily Units
- Institutional-Quality Redevelopment Asset Offering Scale, Optionality, and a Clear Path to High-Density Residential Use
- Multiple Density Bonuses Create Entitlement Upside to ~170–230+ Units, Subject to Approvals
Executive Summary
The subject property features an approximately 37,000 SF vacant, former car dealership, offering near-term flexibility for adaptive reuse, interim income generation, or phased redevelopment strategies.
Situated on an ±8.6-acre infill site (±7.0 acres developable) at 320 E Fletcher Ave in Tampa, the asset benefits from strong regional accessibility, located approximately 10 minutes from the University of South Florida and 15 minutes from Downtown Tampa.
The site is currently zoned Commercial General, future land use; Residential-12 (RES-12), allowing for the development of approximately 103 multifamily units by right, with the potential to significantly increase density through multiple available bonus programs. Subject to approvals, entitlement upside supports approximately 170 to 230+ residential units, positioning the property as an institutional-quality redevelopment opportunity with meaningful scale, flexibility, and a clear path to high-density residential development in a growing Tampa infill location.
Situated on an ±8.6-acre infill site (±7.0 acres developable) at 320 E Fletcher Ave in Tampa, the asset benefits from strong regional accessibility, located approximately 10 minutes from the University of South Florida and 15 minutes from Downtown Tampa.
The site is currently zoned Commercial General, future land use; Residential-12 (RES-12), allowing for the development of approximately 103 multifamily units by right, with the potential to significantly increase density through multiple available bonus programs. Subject to approvals, entitlement upside supports approximately 170 to 230+ residential units, positioning the property as an institutional-quality redevelopment opportunity with meaningful scale, flexibility, and a clear path to high-density residential development in a growing Tampa infill location.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
37,025 SF
Building Class
B
Year Built
2001
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Lot Size
8.63 AC
Zoning
CG - Current Zoning: Commercial General,Future Land Use: Residential-12 (RES-12), Supporting~103 Multifamily Units by Right.
Parking
285 Spaces (7.7 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
Property Taxes
| Parcel Number | U-01-28-18-0TD-000010-00005.0 | Improvements Assessment | $4,942,730 |
| Land Assessment | $4,314,270 | Total Assessment | $9,257,000 |
Property Taxes
Parcel Number
U-01-28-18-0TD-000010-00005.0
Land Assessment
$4,314,270
Improvements Assessment
$4,942,730
Total Assessment
$9,257,000
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Jaguar of Tampa | 320 E Fletcher Ave
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