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5803 12th Ave S - commercial Palm River Land 0.72 Acres of Commercial Land Offered at $399,000 in Tampa, FL 33619
Investment Highlights
- Commercial Monopoly: The absolute only commercially zoned parcel for many blocks.
- Flexible Development: Ideal for multi-tenant retail, medical, daycare, or daily-needs services.
- Immediate Built-In Demand: Directly faces Palm River Crossing, a 142-home development completed in 2024. median home price of $390,000
Executive Summary
12TH AVE RETAIL CENTER presents an exclusive opportunity to acquire the only commercially zoned land for many blocks in a rapidly expanding residential corridor.Located at the highly visible corner of 12th Avenue South & South 58th Street, this proposed 5,400 SF neighborhood retail center sits directly across the street from Palm River Crossing. This uniform 142-home subdivision was started and completed entirely in 2024 by LGI Homes, establishing an immediate, built-in customer base with a robust median home price near $395,000.Positioned as the sole retail hub capable of serving the immediate surrounding community, this planned one-story development features a functional layout, dedicated parking, and efficient circulation designed to support steady daily-needs traffic. With its rare infill zoning, unmatched street presence, and flexible small-shop potential, 12TH AVE RETAIL CENTER offers investors and developers a completely captive market with zero immediate competition.
Property Facts
| Price | $399,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.72 AC |
| Property Type | Land | ||
| Zoning | CN - PROPOSED 5400 SQFT RETAIL ONE STORY | ||
| Price | $399,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.72 AC |
| Zoning | CN - PROPOSED 5400 SQFT RETAIL ONE STORY |
1 Lot Available
Lot
| Price | $399,000 | Lot Size | 0.72 AC |
| Price Per AC | $551,760.38 |
| Price | $399,000 |
| Price Per AC | $551,760.38 |
| Lot Size | 0.72 AC |
High-visibility dual street frontage along 12th Avenue South and South 58th Street. Directly across from the newly established Palm River Crossing residential community.
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Somewhat walkable
30/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
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5803 12th Ave S - commercial Palm River Land