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6348 US Highway 301 S - Gaffin Property 5.2 Acres of Commercial Land Offered at $6,000,000 in Riverview, FL 33578

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INVESTMENT HIGHLIGHTS

  • This property lies off of the most traversed road in the city with heavy traffic going North and South twice a day during peak traffic.
  • This property is in a very highly populated area with the average home value over $450,000.
  • The property is mostly cleared and has a possibility for a second entrance off of Duncan Rd.
  • This property is currently zoned for storage but may be zoned back to General Commercial which was it's previous use in 1994.

EXECUTIVE SUMMARY

With over 5 acres and 585 feet of frontage on US 301 this property has almost unlimited potential. This property lies right inside of the hub between Brandon and Riverview Fl. The 2020 Census recorded over 115,000 people living in Brandon and over 107,000 people living in Riverview Florida. The average home value in the area is over $420,000. The sheer volume of traffic and exposure this property has is amazing. We have confirmed that zoning will not change with a sale for the current intended use if a potential buyer has the same zoning requirements. However this property may be rezoned for any use during a potential buyers due diligence period. All 3 parcels are included in the sale and parcels will not be divided. Environmental tests all came back clear. Property survey is available upon request. There is also a possibility to get approval with the county to open a second entrance off of Duncan. Please have clients and potential investors watch: https://youtu.be/nyA8f5EMCOQ

PROPERTY FACTS Under Contract

Price $6,000,000
Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Apartment Units
  • Single Family Development
Total Lot Size 5.20 AC
Zoning IPD-2 - The property may easily be rezoned to previous commercial use allowing for anything but residential or agricultural.

1 LOT AVAILABLE

Lot

Price $6,000,000
Price Per AC $1,153,846.15
Lot Size 5.20 AC

There are 3 lots all being sold together which total over 5 acres with over 585 feet of frontage on US 301(The most traversed road in the area).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
U-08-30-20-ZZZ-000002-82760.0
Land Assessment
$2,330,875
Improvements Assessment
$27,825
Total Assessment
$2,358,700
  • Listing ID: 29148819

  • Date on Market: 7/31/2023

  • Last Updated:

  • Address: 6348 US Highway 301 S, Riverview, FL 33578

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