This Land Property is no longer advertised on LoopNet.com.

8331 Double Branch Rd
Tampa, FL 33635
Tampa ALF Development · Land For Sale · 2.51 AC

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Apartment Units - Senior
  • Planned Unit Development
Total Lot Size 2.51 AC
Zoning PD

Description

The subject property is a 2.5 acre piece of land, entitled for a 50 bed Assisted Living Facility. The property is located off of Hillsborough Avenue (The East West Thoroughfare), in the Town N Country/ Westchase area of Tampa. The property is located across from a large new luxury apartment complex. The U.S. Assisted Living Facility market is expected to expand by 5.3% in the next 5 years. The average cost of an Assisted Living Facility bed in Tampa is $3,250 a month and with the increase market demand, this opportunity offers developers a safe investment. The site is conveniently located 6 miles from the Veteran Expressway and 10 miles from Tampa International Airport.

  • Listing ID: 22608640

  • Date on Market: 3/31/2021

  • Last Updated:

  • Address: 8331 Double Branch Rd, Tampa, FL 33635

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