5.65 AC Development Site, Eastern Hillsborough County

ATTENTION DEVELOPERS, BUILDERS OR INVESTORS! PD/ AS-1 land parcel in East Tampa that offers a unique opportunity for investors looking for a location on a busy thoroughfare. Here is an outstanding chance to build a brand- new commercial development scheme that parallels the up-and-coming development that is happening throughout the Eastern Hillsborough County area. This is a huge potential to become a transit-oriented development site. Situated in a qualified HUBZone (tenants with businesses in this designated zone are eligible for many tax incentives), this location is a short distance to recreation, shopping, new schools and an assortment of commercial commerce. Located directly on N. Falkenburg Road and E. Ellicott Street and approximately 3/10ths a mile south of E. Hillsborough Avenue and one mile north of E. Dr. Martin Luther King Jr. Blvd., this property not only offers great frontage, it also offers excellent signage and access and can benefit from the more than 22,500 vehicles that travel daily along this active corridor. There is countless long-standing commercial commerce- all located within a direct radius of this property. Just one 1 mile north of this property sits Interstate 4, making this location convenient enough to serve the Greater Tampa Bay area. This area is steadily growing with new development in every direction and is a high- energy business and retail district that is ideal as a relocation site, and investment property or an expansion location. Current demographics within a 5-mile radius of this site consist of approximately 178,157 people with an average age of 39 years and the HH income over $76,840. Call today for a showing!VALUE IS IN THE LAND! Outstanding (2 parcel) 5.65 acre site offering limitless opportunities for new commercial or residential development :: Zoned AS-1 and PD (Planned Development and Agriculture, Single Family 1 unit per acre), this parcel is located in a Qualified HUB Zone :: Site boasts over 308’ of frontage along N. Falkenburg Road :: Highest and best use: commercial, retail development, single family residence, SFR community, recreation or school. Also suitable for agriculture, manufactured home communities and daycare facilities :: Located just off the signalized intersection of E. Hillsborough Avenue and N. Falkenburg Road :: Minutes from Southshore, The Florida State Fairgrounds, Mid-Florida Amphitheater, Seminole Hardrock Hotel and Casino, Eureka Springs Park, Sheraton Hotel/ Tampa-Brandon, Hilton Garden Inn/ Tampa East :: Seffner, Brandon, Riverview, East Tampa, Downtown Tampa, are a short commute away :: Great frontage and visibility :: Rapidly growing commercial residential district :: A great investment opportunity for new construction and development :: Minutes from Interstate 75, Interstate 4 and US Hwy 301 S and most amenities of Eastern Hillsborough County. 2024 total population: 7,864 - 1 Mile | 47,657 - 3 Mile | 178,157 - 5 Mile. A site and subdivision pre-submittal meeting will need to be scheduled and held as it pertains to the environmental, planning and zoning details of this property’s uses. Permitted uses of this property include but are not limited to: * AS-1: recreational, golf and country clubs, schools, at home daycare, SFR: manufactured/ mobile home, modular home, residential community, SFR conventional or agriculture * PD: Planned Development zoning designation allows for non-standard zoning governed by its own development standards and allowable uses, encouraging creative, innovative, and mixed-use development. Acquire this oversized land site today and get in on the expansion of Eastern Hillsborough County! Call today for a property brochure.